Axon Awarded Key Patent on Resistance-Change Memory Technology
"Oxide" Patent Solidifies Axon's Intellectual Property Leadership in Next Generation Memory
PHOENIX, Ariz.--(BUSINESS WIRE)--May 13, 2008 -- Axon Technologies Corp. announced today that it has been awarded U.S. Patent number 7,372,065 for employing commonly used semiconductor materials copper and silicon dioxide to form Programmable Metallization Cell (PMC) memory devices. PMC is a resistance-change, non-volatile memory technology that features a significantly lower power profile than conventional devices, such as Flash. PMC is considered ideal for a broad range of applications, including energy-saving computing, personal entertainment and mobile communications.
"This is the 27th US patent that has been issued to Axon relative to our PMC technology, and represents what we believe will be many oxide-based patents to emanate from Axon," said Dr. Michael Kozicki, founder of Axon and co-inventor of the technology. "Copper and silicon dioxide have been used in the semiconductor industry for many years, and PMC technology is compatible with existing back-end processes and equipment sets. This greatly lowers the manufacturing barrier for PMC technology and opens up a huge range of low-cost discrete and embedded memory applications."
"The market for non-volatile memory has grown dramatically in the past several years, and in our view, having access to a strong IP portfolio in PMC memory technology will become a key differentiator for semiconductor companies and other market participants," said Dr. Kozicki. "This critical patent is the latest manifestation of Axon's technology leadership in resistance-change memory. We have developed strong technical and business relations with several companies in the memory and storage industry and we have also licensed our PMC technology to two of the world's largest memory companies."
PMC is a resistance-change memory technology developed at Arizona State University and is intended to replace traditional charge-based memory cells.
Axon Technologies Corp. is a privately held company with headquarters in Scottsdale, Arizona. Axon's nonvolatile memory technology is being licensed for both discrete memory and embedded memory applications. More information is available at www.axontc.com.