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RAMTRON RAISES $12 MILLION FROM PRIVATE PLACEMENT

 COLORADO SPRINGS, Colo., March 24 /PRNewswire/ -- Ramtron International Corporation (NASDAQ: RMTR) announced it has raised approximately $12 million from a private placement of 1.2 million shares of its common stock at $9.80 per share with its two largest shareholders, Oren L. Benton and the National Electrical Benefit Fund.
 The investment agreement also calls for the extension of some existing warrants for two years, through 1996.
 George Stathakis, chairman and CEO of Ramtron, said the funds will be used for working capital as the company continues to build production orders for its ferroelectric FRAM(R) memory and enhanced DRAM (EDRAM) product lines.
 Ramtron International Corporation is a leading developer and supplier of specialty memories including proprietary FRAM products that retain information without power and ultra-high performance enhanced dynamic random access memories. Ramtron holds 36 foreign and U.S. patents covering its proprietary technologies and products, and has more than 106 additional patents filed.
 NOTE: FRAM is a registered trademark of Ramtron International Corp.
 -0- 3/24/93
 /CONTACT: Lee A. Brown, manager of corporate communications of Ramtron International Corp., 719-481-7000, or Mark Cohen of Cameron Associates, 212-644-9560, for Ramtron International Corp./
 (RMTR)


CO: Ramtron International Corporation ST: Colorado IN: CPR SU:

AH-TM -- NY003 -- 8955 03/24/93 08:30 EST
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Publication:PR Newswire
Date:Mar 24, 1993
Words:211
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