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Weebitnano The Future Memory Q4 FY21 Activities Report Successful selector integration and tape - out of embedded memory module Key highlights for Q4 FY21 • • Demonstrated industry's first commercial integration of OTS selector with oxide - based ReRAM cell for the discrete memory market Advanced negotiations with potential production partners and customers • Completed final design , verification and tape - out of embedded memory module test chip post - quarter end 23 July 2021 - Weebit Nano Ltd ( ASX : WBT , Weebit or Company ) is pleased to provide this activity update for the quarter ended 30 June 2021 ( Q4 FY21 ) , along with the Company's Appendix 4C cash flow report . Commenting on the fourth quarter , Weebit Nano CEO Coby Hanoch said : " Weebit Nano made significant steps towards productisation and commercialisation during the quarter , achieving key technical milestones within both the embedded and discrete memory markets . The embedded market remains our key priority at this point , and we successfully completed the tape - out of our memory module design in July . " Integrated with a sub - system , potential customers are now able to test the effectiveness of our embedded memory technology within their own applications . This capability will fast - track the development of new loT devices and sensors as well as the adoption of our technology in future products . “ In the discrete domain , we successfully integrated our ReRAM with Leti's selector three months ahead of our development schedule . While the discrete memory market is part of our mid - term focus , it remains the largest addressable market for our ReRAM technology with broad applications spanning from Al and 5G , to loT devices . " Alongside our technical progress , we have also advanced our commercial negotiations , meeting with several potential partners , customers and fabs during the quarter . Our first international face- to - face meetings in over a year were highly productive and we are making good progress to securing an initial commercial agreement . Successful integration of Weebit Nano's ReRAM with Leti's selector In June , Weebit Nano and its development partner Leti created the industry's first commercial integration of an oxide - based ReRAM ( OxRAM ) cell with an ovonic threshold switching ( OTS ) selector . This critical milestone was achieved three months ahead of schedule and is a significant step in Weebit's development of a ReRAM technology for the discrete memory market . Contact Office : + 972-9-7797832 info@weebit-nano.com www.weebit-nano.com