content: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
      Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
  
  
  Date of Report (Date of earliest event reported)  January 16, 2006
                                                    ----------------
  
                                   NVE Corporation
                                   ---------------
               (Exact name of registrant as specified in its charter)
  
           Minnesota                     000-12196                 41-1424202
  -------------------------------------------------------------------------------
  (State or other jurisdiction          (Commission             (IRS Employer
        of incorporation)               File Number)          Identification No.)
  
  
  11409 Valley View Road, Eden Prairie, Minnesota                        55344
  -------------------------------------------------------------------------------
      (Address of principal executive offices)                         (Zip Code)
  
  Registrant's telephone number, including area code  (952) 829-9217
                                                      --------------
  
  
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)
  
                                   ---------------
  
       Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any of the
  following provisions (see General Instruction A.2. below):
  
  [ ]  Written communications pursuant to Rule 425 under the Securities Act (17
  CFR 230.425)
  
  [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  
  [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
  Exchange Act (17 CFR 240.14d-2(b))
  
  [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
  Exchange Act (17 CFR 240.13e-4(c))
  
  
  <PAGE>
  
  Item 1.01 Entry into a Material Definitive Agreement
  
       Pursuant to his appointment as a principal officer as set forth in
  Item 5.02 below, we have entered into a verbal agreement with Curt A. Reynders
  providing for an annual salary of $95,000 and the grant of an incentive stock
  option for the purchase of up to 25,000 shares of NVE Common Stock.
  Mr. Reynders expects to file an initial statement of beneficial ownership of
  securities on Form 3 reporting the option grant.
  
  
  Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
  Appointment of Principal Officers
  
  
  Retirement of Officer
  
       Richard L. George retired as our Chief Financial Officer and Treasurer as
  of January 16, 2006, and will remain with the company as a part-time
  specialist.
  
  
  Appointment of Officer
  
       On January 16, 2006 our board of directors approved the promotion of
  Curt A. Reynders, age 43, to the position of Chief Financial Officer and
  Treasurer. Prior to his promotion, Mr. Reynders had been our controller since
  July 2001. Mr. Reynders has served in various accounting, auditing and
  accounting management positions with public accounting and industry firms.
  Before joining NVE, Mr. Reynders was controller for NewLeaf Designs.
  
       None of our current directors or executive officers has a family
  relationship with Mr. Reynders. Other than compensation for his services to
  NVE, there are no related party transactions between Mr. Reynders and us.
  
       We issued a press release on January 18, 2006 announcing the retirement of
  Mr. George and the promotion of Mr. Reynders. The press release is attached as
  Exhibit 99.
  
  
  
                                         -2-
  
  <PAGE>
  
                                      SIGNATURE
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  
                                              NVE CORPORATION
                                               (Registrant)
  
  Date  January 18, 2006                    /s/ Daniel A. Baker
                                            -------------------
                                            By: Daniel A. Baker
                                            President and Chief Executive Officer
  
  
  
                                         -3-
  
  <PAGE>
  
                                   INDEX TO EXHIBITS
  
  
     Exhibit                           Description
     -------                           -----------
       99      Press release dated January 18, 2006 announcing the retirement of
               Richard L. George and the promotion of Curt A. Reynders
  
  
  
                                         -4-
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "cfo-8k.txt", "secsgml_size_bytes": 4813}]
metadata_filer: {"company-data": {"conformed-name": "NVE CORP /NEW/", "cik": "0000724910", "assigned-sic": "3674", "irs-number": "411424202", "state-of-incorporation": "MN", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-12196", "film-number": "06535946"}, "business-address": {"street1": "11409 VALLEY VIEW ROAD", "city": "EDEN PRAIRIE", "state": "MN", "zip": "55344", "phone": "9528299217"}, "mail-address": {"street1": "11409 VALLEY VIEW ROAD", "city": "EDEN PRAIRIE", "state": "MN", "zip": "55344"}, "former-company": {"former-conformed-name": "PREMIS CORP", "date-changed": "19920703"}}
text: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
      Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
  
  Date of Report (Date of earliest event reported)  January 16, 2006
                                                    ----------------
  
                                   NVE Corporation
                                   ---------------
               (Exact name of registrant as specified in its charter)
  
           Minnesota                     000-12196                 41-1424202
  -------------------------------------------------------------------------------
  (State or other jurisdiction          (Commission             (IRS Employer
        of incorporation)               File Number)          Identification No.)
  
  11409 Valley View Road, Eden Prairie, Minnesota                        55344
  -------------------------------------------------------------------------------
      (Address of principal executive offices)                         (Zip Code)
  
  Registrant's telephone number, including area code  (952) 829-9217
                                                      --------------
  
          -------------------------------------------------------------
          (Former name or former address, if changed since last report)
  
                                   ---------------
  
       Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any of the
  following provisions (see General Instruction A.2. below):
  
  [ ]  Written communications pursuant to Rule 425 under the Securities Act (17
  CFR 230.425)
  
  [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  
  [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
  Exchange Act (17 CFR 240.14d-2(b))
  
  [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
  Exchange Act (17 CFR 240.13e-4(c))
  Item 1.01 Entry into a Material Definitive Agreement
  
       Pursuant to his appointment as a principal officer as set forth in
  Item 5.02 below, we have entered into a verbal agreement with Curt A. Reynders
  providing for an annual salary of $95,000 and the grant of an incentive stock
  option for the purchase of up to 25,000 shares of NVE Common Stock.
  Mr. Reynders expects to file an initial statement of beneficial ownership of
  securities on Form 3 reporting the option grant.
  
  Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
  Appointment of Principal Officers
  
  Retirement of Officer
  
       Richard L. George retired as our Chief Financial Officer and Treasurer as
  of January 16, 2006, and will remain with the company as a part-time
  specialist.
  
  Appointment of Officer
  
       On January 16, 2006 our board of directors approved the promotion of
  Curt A. Reynders, age 43, to the position of Chief Financial Officer and
  Treasurer. Prior to his promotion, Mr. Reynders had been our controller since
  July 2001. Mr. Reynders has served in various accounting, auditing and
  accounting management positions with public accounting and industry firms.
  Before joining NVE, Mr. Reynders was controller for NewLeaf Designs.
  
       None of our current directors or executive officers has a family
  relationship with Mr. Reynders. Other than compensation for his services to
  NVE, there are no related party transactions between Mr. Reynders and us.
  
       We issued a press release on January 18, 2006 announcing the retirement of
  Mr. George and the promotion of Mr. Reynders. The press release is attached as
  Exhibit 99.
  
                                         -2-
  SIGNATURE
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                              NVE CORPORATION
                                               (Registrant)
  
  Date  January 18, 2006                    /s/ Daniel A. Baker
                                            -------------------
                                            By: Daniel A. Baker
                                            President and Chief Executive Officer
  
                                         -3-
  INDEX TO EXHIBITS
  
     Exhibit                           Description
     -------                           -----------
       99      Press release dated January 18, 2006 announcing the retirement of
               Richard L. George and the promotion of Curt A. Reynders
  
                                         -4-