CEO of MEMS Manufacturer is up for the title of Ernst & Young Entrepreneur of the Year

July 11, 2008

Edmonton, Alberta, July 11, 2008 – Micralyne Inc.’s Chris Lumb, CEO of the leading independent MEMS manufacturer, has been selected as a finalist for the Ernst & Young Entrepreneur Of The Year ® Award for 2008 in the category of Biotechnology & Technology.

Ernst & Young announced the finalists for this award on July 3rd, 2008. The Entrepreneur Of The Year Awards honour the spirit and contribution of entrepreneurs here and around the world. This year, the Canadian program is proudly celebrating a milestone anniversary — 15 years of honouring the country’s most impressive entrepreneurs from all areas of business.

Under the direction of Chris Lumb, Micralyne has been able to maintain an outstanding track record of growth and profitability in the MEMS industry where growth is rare. “I am thrilled to be named a finalist for the Ernst & Young Entrepreneur of the Year award” said Chris Lumb, “reaching the finalist list reflects on the great dedication of the entire Micralyne staff working towards our success”

This year the awards will be handed out on Tuesday, October 21, 2008 at the Telus Convention Centre in Calgary, Alberta.

About Ernst & Young
iErnst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential. www.ey.com/ca.

About Micralyne
Micralyne, an independent MEMS foundry, develops and manufactures MEMS (Micro-Electro-Mechanical-Systems)-based products. MEMS technology enables industrial components to be significantly smaller, faster and less expensive. Micralyne’s micron-scale solutions (1 mm = 1000 microns) are found in automotive emission sensors, optical switching technology,microfluidic lab-on-a-chip medical devices, and commercial press equipment.www.micralyne.com

For further information contact:
Mr. Isaac Saraga
Communications Associate
Micralyne Inc.
1911 – 94 Street
Edmonton, Alberta
Canada T6N 1E6
Phone: 780-431-4403
isaacs@micralyne.com