Micralyne and LioniX Establish Manufacturing Relationship

December 17, 2003

Edmonton, Canada and Enschede, The Netherlands, December 17, 2003 – Micralyne Inc. and LioniX BV today announced that they have established a collaboration to better serve their customers worldwide with leading MEMS development and manufacturing services.

Micralyne, a developer and OEM manufacturer of MEMS components, will offer volume-manufacturing capacity to LioniX customers that move beyond development quantities. In return, LioniX, a leading provider of solutions based on microsystem technology and MEMS, provides Micralyne with an additional gateway into Europe.

“We are pleased to announce this partnership with Micralyne and are excited to communicate the benefits to our customers”, says Hans van den Vlekkert, President & CEO, LioniX BV. “Micralyne has a long track record of successfully moving customers from a development stage into volume manufacturing and we know our customers will be able to take advantage of this experience.”

“Our collaboration with LioniX is a key step forward for us”, says Chris Lumb, CEO, Micralyne Inc. “Micralyne’s activities overseas continue to advance and the LioniX partnership creates an even stronger presence for Micralyne in the European marketplace.”

About LioniX
LioniX is a leading provider in development and production of leveraging products based on microsystem technologies, i.e. integrated optics and microfluidics, for next generation products of its (OEM) customers. LioniX offers design for manufacturing and horizontal integration by partnering with MST/MEMS foundries and suppliers of complementary technologies, in order to provide the customer with complete solutions and systems and to provide production from small to high volume. LioniX is a private company, based in Enschede, The Netherlands.

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. Chris Lumb
President & CEO
Micralyne Inc.
1911 – 94 Street
Edmonton, Alberta
Canada T6N 1E6
Phone: 780-431-4400
clumb@micralyne.com