[NVE LOGO]
                                                             MARKETING BULLETIN
                                                          For immediate release

             NVE Device Named Product of the Month by ChipCenter
        "An extremely nice product that will sell extremely well...."

EDEN PRAIRIE, Minn.--April 16, 2001--A new network transceiver from NVE
Corporation (OTBB: NVEC) has been named "Product of the Month" for April 2001
by ChipCenter LLC.

ChipCenter Senior Technical Editor Paul McGoldrick said in his review of the
new NVE IL485: "The Profibus market is huge, much larger than RS-485, and many
devices are working in extremely harsh, industrial conditions and this
isolated interface [the NVE device] is a much-needed product, particularly
because of the speeds it is capable of passing.... With a standard SOIC-16
package the part is easy to lay out and the isolation technology that is
used...gives a very low power consumption (725 mW dissipation max. with a rail
of 4.5 to 5.5 V.) There is both current limiting and thermal shutdown
protection. The isolation specifications are voltage rated at 2500 V (for one
minute) with a barrier impedance greater than 100 trillion [ohms] with 7 pF
across it. An extremely nice product that will sell extremely well. A
companion part, the IL485W adds an additional uncommitted isolation channel."

ChipCenter's full review can be found at:
http://tm0.com/sbct.cgi?s=24731379&i=326975&d=1297530

The other 2001 winners of the prestigious award were Conexant Systems, Inc.
(NASDAQ: CNXT), National Semiconductor (NYSE: NSM), and Texas Instruments
(NYSE: TXN).

Headquartered in San Jose, Calif., ChipCenter (www.chipcenter.com) publishes
more daily content than any other online offering in its market. Combined with
the most comprehensive and world's largest franchised network of electronic
components inventory, ChipCenter allows engineers and purchasing agents to
learn, find, and buy at one convenient location. ChipCenter LLC is owned by
Arrow Electronics, Inc. (NYSE: ARW), Aspect Development, Inc. (NASDAQ: ASDV),
Avnet, Inc. (NYSE: AVT), CMP Media, Inc., and Pioneer-Standard Electronics,
Inc. (NASDAQ: PIOS). It is the first comprehensive online service for
electronic-component information and sourcing.

NVE Corporation (www.nve.com) designs and manufactures isolator and sensor
components with the potential to revolutionize data transfer. Its devices
allow networks to run at much higher speeds than otherwise possible, and
unprecedented precision in industrial control and robotics. NVE is also widely
recognized as a leading-edge developer of nonvolatile MRAM technology.

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Contact:  John Myers, VP, Isolator Products Business Unit
          (952) 996-1610