Taoyuan, Taiwan (R.O.C.) January 18, 2013 -Inotera Memories, Inc. (TWSE: 3474) today announced that in order to accommodate Nanya Technology Corporation ("Nanya") business strategy change, Inotera signed the relevant agreements with Micron Technology, Inc., certain of its subsidiaries ("Micron") and Nanya on January 17, 2013, to restructure the various arrangements among the parties, including joint venture, wafer supply, finance and other related matters.

Under the new supply agreements, Nanya will only have the right to reserve a certain percentage of Inotera's wafer-start capacity per month from February till December, 2013, while Micron purchases substantially all of Inotera's manufacturing output beginning in early 2013 and onwards. Additionally, Micron's purchase price for Inotera output is market-based arrangement as opposed to the former margin-sharing arrangement.

About Inotera
Inotera Memories, Inc. was incorporated on January 23rd, 2003. Inotera's production facilities are designed to manufacture high-density and high-performance DRAM