Ramtron Elects New Chairman

2/24/2003 - U.S. semiconductor maker Ramtron International Corporation (Nasdaq:RMTR), announced that Albert Hugo-Martinez has been elected as the Chairman of the Board of Directors. Mr. Hugo-Martinez has served as a director of the company since March 1999.

"I am very pleased Albert has accepted this appointment as he brings a wealth of semiconductor experience and knowledge to our management team," said Bill Staunton, Ramtron CEO. "Albert's guidance will be of great benefit as the company grows and charts its course to full commercial success."

Mr. Hugo-Martinez said, "As a director, I have been impressed by the great strides the company has made toward improving its operation over the last 12 months. I am pleased to have the opportunity to serve in this new role with my colleagues on the board at such an exciting time in Ramtron's development."

Prior to joining Ramtron's Board of Directors, Mr. Hugo-Martinez served as President and Chief Executive Officer and a member of the Board of Directors of GTI Corporation, a manufacturer of ISDN and local area network subcomponents. From 1987 to 1995, he served as President and Chief Executive Officer of Applied Micro Circuits Corporation, a manufacturer of high-performance bipolar and biCMOS gate arrays. Mr. Hugo-Martinez is also a director of Microchip, Inc., a public semiconductor manufacturing company specializing in micro-controller devices.

About Ramtron
Ramtron is the world leader in ferroelectric random access memory (FRAM) products -- new high-performance nonvolatile memories that merge the benefits of many mainstream memory technologies into a single device. The company also develops and markets ultra-high-performance memory products through its subsidiary, Enhanced Memory Systems, Inc.

For more information about Ramtron and its products, contact: Communications Department, Ramtron International Corporation, 1850 Ramtron Drive, Colorado Springs, Colorado, USA, 80921. Telephone is 719-481-7000 or 800-545-FRAM (3726); FAX is 719-481-7058; e-mail address is info@ramtron.com. Homepage is http://www.ramtron.com.

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