Micralyne Announces CEO Appointment to BioAlberta Board

October 28, 2004

BioAlberta
Edmonton, Alberta, October 28, 2004 – Micralyne Inc., a market-leading MEMS manufacturer, announced today that Mr. Chris Lumb, President & CEO, was appointed to the Board of Directors of BioAlberta, effective September 23, 2004.

BioAlberta is a private, not-for-profit industry association, representing Alberta’s growing biotechnology sector. BioAlberta currently lists over 100 members, including producers, users and supporters of biotechnology activities in Alberta. On behalf of its membership, BioAlberta promotes increased awareness and support for the growth of Alberta’s biotechnology industry and biotech capabilities across all sectors.

Mr. Lumb has served as a Director on numerous organizations and in particular within the technology industry. Present contributions to various boards and committees include Board of Director member for the Canadian Microelectronics Corporation, Co-Chair of NanoMEMS Edmonton, and Board of Director member for the Edmonton Chamber of Commerce.

Myka Osinchuk, Executive Director of BioAlberta, stated, “I am pleased to welcome Chris to the Board of Directors. His knowledge of and experience related to the new developments in drug discovery and drug delivery fields will be of great benefit to the organization.”

Mr. Lumb commented, “I am delighted to join BioAlberta’s Board of Directors and support the organization’s strong role in developing the biotechnology industry in Alberta.”

For more details on the activities of BioAlberta please view www.bioalberta.com.

About Micralyne
Micralyne develops and manufactures microfabricated and MEMS (Micro-Electro-Mechanical-Systems)-based products. Micralyne is one of the largest independent companies in the world that manufactures MEMS in high volumes. MEMS technology is built on the premise of making industrial components smaller, faster and less expensive and facilitates radical improvements in the miniaturization of electronic and mechanical devices. These types of devices are used in many industries including communications, automotive, aerospace, and life sciences. More specifically, Micralyne’s micron-scale solutions (i.e. 1000 microns = 1 millimetre) are found in automotive emission sensors, optical switching technology in telecommunication networks, lab-on-a-chip devices for drug discovery, and commercial press equipment for printing today’s most popular magazines. Micralyne is a profitable and growing company headquartered in Edmonton, Alberta, Canada.

For further information contact:
Mr. Bruce Alton
Vice President Marketing & Business Development
Micralyne Inc.
1911 – 94 Street
Edmonton, Alberta
Canada T6N 1E6
Phone: 780-431-4400
balton@micralyne.com

or

Myka Osinchuk
Executive Director
BioAlberta
Phipps McKinnon Building
Suite 1730
10020 – 101A Ave NW
Edmonton, Alberta
Canada T5J 3G2
+1.780.425.3815
osinchuk@bioalberta.com