Flash Memory Summit 2013 -- Micron Technology, Inc. (Nasdaq:MU), today announced that its 16-nanometer (nm) NAND process technology, enabling the industry's smallest 128-gigabit (Gb) multilevel cell (MLC) NAND Flash memory devices, has been chosen by Flash Memory Summit as the 2013 Best of Show award winner in the category of Most Innovative Flash Memory Technology. The annual Best of Show Awards are a premier opportunity for industry recognition of innovative products and solutions and how they are being used in the marketplace.

Micron's 128Gb MLC NAND Flash memory devices are targeted at consumer SSDs, removable storage (USB drives and Flash cards), tablets, ultrathin devices, mobile handsets and data center cloud storage. They provide the greatest number of bits per square millimeter and the lowest cost of any MLC device in existence. In fact, the new technology could create nearly 6TB of storage on a single wafer.

"We're thrilled with this recognition of our latest development in Flash technology," said Glen Hawk, vice president of Micron's NAND Solutions Group. "Our 16nm NAND process extends our leadership position in providing the world's smallest 128Gb MLC device. This is a very cost-effective, capital-friendly technology that will be ramping this year and into next year."

Winning products were judged by a panel of industry experts who evaluated each nomination according to the following criteria:

• Distinctiveness of the application, technology, or product
• Central use of Flash memory as a solution or innovation
• Technical and business significance to the general marketplace

"The judges of the Flash Memory Summit Awards Committee had the challenging assignment of selecting the most innovative Flash memory technology from an incredibly large pool of quality submissions. The industry's advances in semiconductor technology is of paramount value in raising the bar with Flash technology," said Jay Kramer," Chairman of the Awards Program and President of Network Storage Advisors, Inc. "We are proud to select Micron's 16nm NAND technology, enabling the industry's smallest 128Gb multilevel cell (MLC) NAND Flash devices, for the Best of Show Innovation Award."

Micron was honored at the Flash Memory Summit Awards evening reception in the Exhibit Hall on Wednesday, August 14.

For a complete list of all the Flash Memory Summit Best of Show Awards winners, visit www.flashmemorysummit.com.