Simtek Announces Production Program on 1 Megabit nvSRAM for Sun Fire(TM) X4600 Server and Sun Blade(TM) 8000 Modular System

COLORADO SPRINGS, Colo.—(BUSINESS WIRE)—Aug. 10, 2006— Simtek Corporation (OTC Bulletin Board: SRAM), the inventor, pioneer, and world's leading supplier of nonvolatile static random access memory (nvSRAM) integrated circuits today announced that it has received production orders from Sun Microsystems, Inc. for its flagship 1 megabit nvSRAM, used for Sun's latest Sun Fire(TM) and Sun Blade(TM) x64 (x86, 64-bit) servers powered by AMD Opteron(TM) processors.

By taking advantage of Simtek's patented intellectual property and products, Sun is able to provide a RAID subsystem that doesn't require battery backed SDRAM that achieves smaller board space, lower component cost, and immediately stores system-critical volatile data under power loss conditions. Sun is leading the server industry in providing RAID storage as a standard feature by integrating RAID onto the server motherboard.

Cost and space are major impediments to full-featured, cost-attractive RAID solutions on the motherboard (ROMB). Current motherboard designs have little space for additional functions. New generations of RAID controllers integrate RAID and disk controller functions. Using battery-backed SDRAM adds cost and board space. New generations of integrated RAID controllers leverage Simtek's nvSRAM for write journaling and mirroring functions, and eliminate batteries. This makes it feasible to implement ROMB both economically and considering form factor. As an added bonus, using Simtek's products eliminates the battery and enables improved compliance with "green" initiatives reducing hazardous materials from board designs.

Simtek's nvSRAM, a critical cornerstone of server based RAID reference designs has been adopted by several generations of RAID controllers. This new production award solidifies Simtek's position as the leading provider of nonvolatile memory in the RAID market.

About Simtek Corporation

Simtek Corporation designs and markets high-speed, re-programmable, nonvolatile semiconductor memory products, for use in a variety of systems including RAID servers, high performance workstations, GPS navigational systems, robotics, copiers and printers, and networking and broadcast equipment. Information on Simtek products can be obtained from its web site: www.simtek.com; email: information@simtek.com. The company is headquartered in Colorado Springs, Colorado.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements predicting Simtek's future growth. These forward-looking statements are inherently difficult to predict and involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to, projections of future performance including predictions of future profitability and expectations of the business environment in which Simtek operates. For a detailed discussion of these and other risk factors, please refer to Simtek's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K and subsequent Form 10-Q and Form 8-K filings.

Sun, Sun Microsystems, Sun Fire and Sun Blade are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries.



Contact:
Fusion IR & Communications for Simtek Corporation 
Sheldon Lutch, 212-268-1816

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Simtek Corporation 
Allyn Pon

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