CROCUS NANO ELECTRONICS (CNE), the joint venture founded in 2011 by Crocus Technology, a leading developer of magnetically enhanced semiconductor technologies, and RUSNANO, the Russian state-owned investment company focused on developing the Russian nanotechnology industry, is proud to announce that it has successfully passed certification of its cleanroom in Moscow (Russia) according to ISO 14644-1 requirements.

The cleanroom is certified as state of the art class 1,000 (ISO 6) in the production area. The cleanroom is ready for equipment installation and forms the heart of the first 300mm wafer fab in Russia, which will be capable of processing up to 1,000 wafers per week.

“Our cleanroom certification is a very important milestone in the preparation of our fab. Equipment hook-up is expected to occur in the next quarter and we expect to begin process qualification of our fab equipment in September 2014. The achievement of this milestone is also attributed to our general contractor, Faeth, who completed the facilities and cleanroom works and has been awarded the hook-up contract as well,” said Mark Dydyk, CEO of CNE.

About CNE:

CROCUS NANO ELECTRONICS (CNE) is the joint venture founded in 2011 by Crocus Technology, a leading developer of magnetically enhanced semiconductor technologies for mobile security, embedded microcontrollers, harsh environment electronics and magnetic sensors, and RUSNANO, Russian state-owned investment company focused on developing the Russian nanotechnology industry. CNE is building the first ever advanced magnetic memory fab in the world, capable of high volume manufacturing of Crocus Magnetic Logic Unit™ (MLU), a disruptive CMOS-based rugged magnetic technology, on 300-mm wafers.