Traditional biological neural networks lack the capability of reflecting variable synaptic weights when simulating associative memory of human brains. In this paper, we investigate the existence and exponential stability of a novel memristive multidirectional associative memory neural networks (MAMNNs) model, which includes the time-varying delays. In the proposed approach, the time-varying delays are set to be bounded, and it is not necessary for their derivative to be differentiable. With removal of certain conditions, less conservative results are generated. Sufficient criteria guaranteeing the stability of the memristive MAMNNs are derived based on the Lyapunov function and some inequality techniques. To illustrate the performance of the proposed criteria, a procedure is designed to realize information storage. Meanwhile, the effectiveness of the proposed theories is validated with numerical experiments.
