EX-99
3
f8k072605ex99-1.txt
PRESS RELEASE DATED JULY 26, 2005
EXHIBIT 99.1
NEWS FOR RELEASE: 7/26/2005 CONTACT: Lee Brown
719-481-7213
lbrown@ramtron.com
RAMTRON ANNOUNCES
DIVESTITURE OF MUSHKIN SUBSIDIARY
Colorado Springs, CO - July 26, 2005. Ramtron International Corporation
(Nasdaq: RMTR), the leading developer and supplier of nonvolatile
ferroelectric random access memory (FRAM) products, today announced the
divestiture of its Mushkin subsidiary, which was approved by the Ramtron
board of directors on July 20, 2005. The company has executed an agreement
to sell the subsidiary to Mushkin's current general manager for consideration
of approximately $1.8 million. The consideration provided in the sale
includes, among other things, Mushkin's current accounts receivable and cash
balances. The sale closed today, July 26, 2005.
In connection with the sale, the company plans to take a goodwill and long-
lived assets impairment charge and an inventory provision charge totaling
approximately $4.0 million during the second quarter, of which $3.8 million
is expected to be non-cash.
"The sale of Mushkin allows us to dedicate 100% of our efforts to growing our
semiconductor business", said Bill Staunton, Ramtron CEO.
About Ramtron
-------------
Ramtron International Corporation (Nasdaq: RMTR) is the leading supplier of
nonvolatile ferroelectric semiconductors, including serial and parallel
ferroelectric random access memory (FRAM) devices and Processor Companion
devices that integrate a variety of commonly needed discrete analog and
mixed-signal functions for processor-based systems. For more information,
visit www.ramtron.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Statements herein that are not historical facts are "forward-looking
statements" involving risks and uncertainties, including but not limited to:
our ability to grow our semiconductor business, the effect of global economic
conditions, shifts in supply and demand, market acceptance, the impact of
competitive products and pricing, product development, commercialization and
technological difficulties, and capacity and supply constraints. Please
refer to Ramtron's Securities and Exchange Commission filings for a
discussion of such risks.

EX - 99 3 f8k072605ex99 - 1 . txt PRESS RELEASE DATED JULY 26 , 2005 EXHIBIT 99 . 1 NEWS FOR RELEASE : 7 / 26 / 2005 CONTACT : Lee Brown 719 - 481 - 7213 lbrown@ramtron.com RAMTRON ANNOUNCES DIVESTITURE OF MUSHKIN SUBSIDIARY Colorado Springs , CO - July 26 , 2005 . Ramtron International Corporation ( Nasdaq : RMTR ) , the leading developer and supplier of nonvolatile ferroelectric random access memory ( FRAM ) products , today announced the divestiture of its Mushkin subsidiary , which was approved by the Ramtron board of directors on July 20 , 2005 . The company has executed an agreement to sell the subsidiary to Mushkin 's current general manager for consideration of approximately $ 1.8 million . The consideration provided in the sale includes , among other things , Mushkin 's current accounts receivable and cash balances . The sale closed today , July 26 , 2005 . In connection with the sale , the company plans to take a goodwill and long - lived assets impairment charge and an inventory provision charge totaling approximately $ 4.0 million during the second quarter , of which $ 3.8 million is expected to be non - cash . " The sale of Mushkin allows us to dedicate 100 % of our efforts to growing our semiconductor business " , said Bill Staunton , Ramtron CEO . About Ramtron ------------- Ramtron International Corporation ( Nasdaq : RMTR ) is the leading supplier of nonvolatile ferroelectric semiconductors , including serial and parallel ferroelectric random access memory ( FRAM ) devices and Processor Companion devices that integrate a variety of commonly needed discrete analog and mixed - signal functions for processor - based systems . For more information , visit www.ramtron.com . " Safe Harbor " Statement under the Private Securities Litigation Reform Act of 1995 : Statements herein that are not historical facts are " forward - looking statements " involving risks and uncertainties , including but not limited to : our ability to grow our semiconductor business , the effect of global economic conditions , shifts in supply and demand , market acceptance , the impact of competitive products and pricing , product development , commercialization and technological difficulties , and capacity and supply constraints . Please refer to Ramtron 's Securities and Exchange Commission filings for a discussion of such risks .