MEMS Foundry Micralyne Names Sean Lord New Vice President, Engineering

Edmonton, AB, March 24, 2011 – Micralyne Inc., a world-renowned MEMS foundry services company, today announced that Sean Lord has been named as its new Vice President, Engineering. Lord brings over 20 years of senior engineering and research experience to the Edmonton-based company.

As Vice President, Engineering, Lord will be responsible for managing Micralyne's skilled engineering staff and guiding the company's MEMS technology development. Lord joins Micralyne from his most recent position as VP of Research & Development for CogniVue, a specialist firm developing SoCs for intelligent automotive vision solutions. Lord's work at CogniVue resulted in a product winning CES 2011 Best of Innovation Award for a novel automotive vision system.

"Engineering is the backbone of Micralyne's MEMS foundry services, and Sean's drive, experience, and demonstrated leadership in the development and implementation of cutting-edge technology makes him an ideal leader for Micralyne's MEMS development, process, quality assurance, and R&D teams. Sean has proven his ability to tackle complex, large-scale projects and we believe that he will be a tremendous asset to Micralyne," said Nancy Fares, Micralyne President and CEO.

Prior to joining CogniVue, Lord was VP Engineering at Sound Design Technologies, an Audio product IDM spin-out from Gennum Corporation. In that role, the Hearing Industry's first monolithic quad core DSP was developed, and ultimately the corporation was successfully acquired by On'Semiconductor. Whilst at Gennum Corporation, Sean held positions of Director R&D and Senior Analog Manager. His responsibilities included building and leading a team developing ICs for the Video Production Market. The team launched the world's first 3Gb/s SDI products enabling the next generation of high definition content and also won an Emmy Award for enabling High Definition in the broadcast industry.

Prior to Gennum, Lord further demonstrated his leadership abilities at Mosaid and Potentia leading IC Design teams developing cutting edge Memory devices and Power Management devices respectively. Lord has also held engineering roles in Microcosm, Cypress Semiconductor and Centronic in the fields of Datacommunications, Logic and Optoelectronics respectively.

"It's obvious to anyone who knows me, that Micralyne shares my focus on developing ground-breaking MEMS technology and delivering exceptional process platforms for our clients to build their innovative MEMS devices from," said Lord. "Micralyne has a very promising future and I'm looking forward to being a part of it."

About Micralyne

Micralyne is one of the world's largest independent MEMS (Micro-Electro-Mechanical Systems) foundries. Headquartered in Edmonton, Alberta, Canada, Micralyne services a diverse customer base including innovative Fortune 100 companies and high-tech start-ups. With a proven
MEMS manufacturing track record and a rich development history dating back to 1982, Micralyne has helped to pioneer the MEMS industry by creating some of the world's smallest mechanical structures for leading high-tech corporations.