MEMS Foundry Micralyne Named a Finalist for the 2008 CATAAlliance Innovation and Leadership Awards

EDMONTON, ALBERTA - May 17, 2008 – Micralyne Inc., a world leading MEMS foundry, has recently learned that it has been selected as a finalist for the 2008 CATAAlliance Innovation and Leadership Award in the category of Private Sector Leadership in Advanced Technology.

The Canadian Advanced Technology Alliance (CATAAlliance) announced finalists for this award on Monday May 12th.

“Micralyne is excited to be a finalist for this award,” said Chris Lumb, President & CEO of Micralyne. “The CATAAlliance is an outstanding organization and we are pleased to be recognized as a top innovator in the MEMS and microsystems industry.”

The awards will be announced at a gala dinner on June 10th, 2008 at the Chateau Laurier in Ottawa, Ontario. For more information, please go to CATAAlliance Innovation and Leadership Awards website at www.cata.ca.

About CATAAlliance
The Canadian Advanced Technology Alliance brings great value to its 28,000 members by creating a collaborative edge — a chain of expanding value that ripples across Canada’s Innovators, Commercializers, Users, and Professionals. CATAAlliance matches businesses with opportunities across almost every sector that brings together a wide network of business. CATAAlliance members are connected with investment and partnership opportunities with the major global companies.

About Micralyne Inc.
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, lab-on-a-chip medical devices, and commercial press equipment. www.micralyne.com