Micralyne Adds Another Major MEMS Manufacturing Customer

February 19, 2004

Edmonton, Alberta, February 19, 2004 – Micralyne Inc., a developer and OEM manufacturer of MEMS components, announced today it has secured a major supply agreement to manufacture MEMS-based components for chemical analysis instrumentation.

The contract has a value of over $2 million and is with a market-leading Tier 1 instrumentation company. Micralyne will manufacture MEMS die that are integrated into an analysis device that is marketed and sold globally.

“In collaboration with our customers, Micralyne develops, prototypes and volume manufactures MEMS-based components for several different industry applications,” states Chris Lumb, President & CEO, Micralyne Inc. “While we have always had a strong development group, this particular contract is for repeat orders and is representative of our established OEM manufacturing business. We have invested heavily in our equipment infrastructure, quality systems and process engineering staff over the past several years and this contract exemplifies the continued success we have achieved as a MEMS manufacturer.”

“Despite the downturn experienced by many MEMS companies recently, Micralyne has been able to secure several new customers,” continued Lumb. “These have included both pure manufacturing contracts and customer development projects managed by our development group to be later transferred into manufacturing. In combination, these contracts serve as a solid base of revenues for today along with a strong pipeline for future growth.”

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