Simtek Reports Fourth Quarter and Year End 2007 Results

                          SIMTEK CORPORATION
           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                             (Unaudited)
      (Amounts in thousands, except share and per share amounts)

                      Three Months Ended            Year Ended
                         December 31,              December 31,
                       2007         2006         2007         2006
                    ----------   ----------   ----------   ----------
REVENUE:
 Product sales,
  net              $     8,362  $     9,124  $    33,007  $    28,560
 Royalty revenue             -          552            -        2,070
                   ---------------------------------------------------
     Total revenue       8,362        9,676       33,007       30,630
 Cost of sales           4,539        5,008       17,268       18,024
                   ---------------------------------------------------
GROSS MARGIN             3,823        4,668       15,739       12,606
OPERATING
 EXPENSES:
 Research and
  development
  costs                  2,655        1,277        8,758        5,855
 Sales and
  marketing              1,417        1,446        5,026        4,679
 General and
  administrative         1,137        1,266        4,689        3,861
                   ---------------------------------------------------
        Total
         operating
         expenses        5,209        3,989       18,473       14,395
                   ---------------------------------------------------
INCOME (LOSS) FROM
 OPERATIONS             (1,386)         679       (2,734)      (1,789)
INCOME (LOSS) FROM
 OPERATIONS
 OTHER INCOME
  (EXPENSE):
 Interest income            45           50          193          162
 Interest expense          (85)        (123)        (381)        (370)
 Exchange rate
  variance                  97            1          130           (3)
 Other income              159           24          165           26
                   ---------------------------------------------------
        Total
         other
         income
         (expense)         216          (48)         107         (185)
                   ---------------------------------------------------
INCOME (LOSS) FROM
 OPERATIONS BEFORE
 PROVISION FOR
  INCOME TAXES          (1,170)         631       (2,627)      (1,974)
 Provision for
  income taxes            (103)         (33)        (141)         (33)
                   ---------------------------------------------------
NET INCOME (LOSS)  $    (1,273) $       598  $    (2,768) $    (2,007)
                   ===================================================
NET INCOME (LOSS)
 PER COMMON SHARE:
     Basic and
      diluted
     Income (loss)
      from
      operations   $      (.08) $       .04  $      (.17) $      (.13)
                   ===================================================

WEIGHTED AVERAGE
 COMMON SHARES
OUTSTANDING:
     Basic and
      diluted       16,515,245   16,123,904   16,405,580   15,125,847
                   ===================================================


Contact:

Simtek Corporation
Brian Alleman, CFO
Email Contact
or
MKR Group, Inc.
Todd Kehrli or Mary Magnani
323-468-2300
Email Contact



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