Micralyne Chosen as Finalist for 2006 Best of Small Tech Company Award

September 22, 2006

Las Vegas, Nevada, September 22, 2006 – Micralyne Inc. has been selected as a finalist for the 2006 Small Times Magazine Best of Small Tech Company of the Year Award.

The 2006 Small Times Magazine Best of Small Tech Awards recognize the best people, products and companies in nanotechnology, MEMS, and microsystems.

“The award winners and finalists this year truly reflect the diversity of companies and people that are shaping the MEMS and nanotechnology communities – from tools innovators to fabs to companies bringing commercial applications to a wide range of markets,” said Patti Glaza, Vice President and Group Publisher of Small Timestm.

Micralyne is one of the largest independent MEMS foundries in the world. Operating out of a 50,000 sq. ft. manufacturing facility in Edmonton, Alberta, Canada, Micralyne’s micron-scale solutions include automotive sensors for control systems, lab-on-a-chip devices for drug discovery, optical switching technology in telecommunication networks, and precise measurement devices for oil and gas exploration.

“The Best of Small Tech Awards honor those companies that have advanced the use of MEMS and nanotechnology in everyday life. To be a part of this achievement as a finalist is a big deal for us,” said Chris Lumb, President and CEO of Micralyne. “Last year yielded amazing results and we look forward to continuing this growth into the coming years.”

The recipients of the Small Times Magazine Best of Small Tech Awards and runners-up 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 six categories, plus lifetime achievement. Awards are based on accomplishments between June 1, 2005, and June 1, 2006. A complete list of winners and runners-up can be found in the September/October issue of Small Timestm magazine and online at www.smalltimes.com.About Small TimesTM
Small Timestm Media is published by PennWell Corporation, a diversified global media and information company. Small Timestm Magazine remains the leading source of business news and analysis about the small tech industry, which includes nanotechnology, MEMS and microsystems. Its circulation is free to qualified subscribers around the world in both print and digital form. In addition to its news services (Small Timestm magazine, SmallTimes.com, Small Times Direct), Small Timestm organizes the leading nanotechnology business conference and trade show in North America, Small Timestm NanoCon International. Its annual Small Tech Business Directory is free to all subscribers and provided online as an industry service at SmallTechDirectory.com. For more information, visit www.smalltimes.com.

About Micralyne
Micralyne is one of the world’s largest independent MEMS (Micro-Electro-Mechanical-Systems) foundries. As an industry leader, Micralyne offers unparalleled MEMS product development and commercial volume manufacturing. Due to a unique blend of highly responsive service from a knowledgeable team and a track record of manufacturing success, customers trust Micralyne to bring their product to market. MEMS technology is built on the premise of making industrial components smaller, faster and less expensive. Micralyne’s micron-scale solutions (i.e. 1000 microns = 1 millimetre) are found in automotive sensors for control systems, lab-on-a-chip devices for drug discovery, optical switching technology in telecommunication networks, and precise measurement devices for oil and gas exploration. These types of devices are used in many industries including the communications, transportation, energy, and life sciences markets. Micralyne is a fast 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