Micralyne Named as Finalist in Two Small Times Magazine “Best of Small Tech” Award Categories

November 13, 2002

Photograph of Dr. Chris Backhouse

Edmonton, Alberta, November 13, 2002 – Micralyne Inc., a leading developer and manufacturer of MEMS components was recognized as a finalist in two categories of the Small Times Magazine “Best of Small Tech” awards. Micralyne was a finalist in the Best of Small Tech Company category while Micralyne’s President and CEO, Chris Lumb, was a finalist in the Best of Small Tech Business Leader category.

The 2002 Small Times Magazine “Best of Small Tech” Awards recognize the best people, products and companies in nanotechnology, MEMS and microsystems. A complete list of winners and finalists can be found in the November/December issue of Small Times magazine and online at www.smalltimes.com.

“Small tech will make our lives easier by making products smaller, faster, cheaper and more efficient,” said Steve Crosby, vice president and managing editor of Small Times Media. “We expect this year’s Small Times Magazine Best of Small Tech Award winners and finalists to have a tremendous impact on the future.”

“We are honored to be named as finalists for these two awards. To be compared to the likes of our co-finalists is an indication of the outstanding quality of our people, standards and products,” said Chris Lumb. “This caps a great year for us as we also received the Alberta Science and Technology (ASTech) Award for Outstanding Technology Company. We are proud to have been recognized both in Canada and internationally.”

The recipients of the Small Times Magazine Best of Small Tech Awards, along with the finalists, were selected by nominations and applications submitted by companies and individuals. Small Times Media news staff and an industry panel of experts reviewed the applicants and selected one winner and four finalists in each category, except lifetime achievement in which a winner was selected. The team considered accomplishments between October 1st, 2001 and October 1st, 2002.

About Small Times Media
Small Times Media LLC is the leading source of business news about the small tech industry, which includes nanotechnology, MEMS and microsystems. The company offers full news coverage through its bimonthly magazine, Small Times, daily Web site, www.smalltimes.com and a weekly e-newsletter, Small Times Direct. Free subscriptions are available to qualified individuals by visiting www.smalltimes.com. Small Times Media is headquartered in Ann Arbor, Michigan.

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