Scanimetrics Now Offering MOSAID HLNAND Flash Memory Chip and Module

OTTAWA, ONTARIO--May 12, 2010 -- MOSAID Technologies Inc. (TSX:MSD) and Scanimetrics Inc., an electronics products and solutions provider, today announced that Scanimetrics is integrating MOSAID's HyperLink NAND (HLNAND(TM)) Flash Memory chip and module into its customized product solutions.

MOSAID has granted Scanimetrics a non-exclusive, royalty bearing license to develop, manufacture and market current and future versions of MOSAID HLNAND(TM) devices, alone or incorporated into Scanimetrics products. MOSAID offers a 64Gb MLC (Multi Level Cell) HLNAND MCP (Multi-Chip Package), and a 64GB HLDIMM (HyperLink Dual In-Line Memory Module).

"MOSAID's HLNAND(TM) Flash memory technology provides us with a solution to address our customers' growing needs for higher-speed write capability in Storage Class Memory applications," said Steven Slupsky, CEO of Scanimetrics. "We will utilize HLNAND Flash memory chips and modules in designs where there is a requirement for high-performance memory and low power, such as enterprise-class video conferencing, as well as digital still and motion cameras."

Storage Class Memory (SCM) strives to deliver the low-cost, non-volatile bit storage that is offered by hard disk drives, while greatly improving access times.

"Scanimetrics recognizes that our HLNAND(TM) architecture delivers the industry's most advanced capabilities, with high performance and low cost, to a range of mass storage applications," said Jin-Ki Kim, Vice President of R&D, MOSAID. "HLNAND(TM) is the first Flash memory interface technology to use a high-performance, point-to-point ring topology that is scalable to large memory configurations without bandwidth degradation."

Availability

Licenses for manufacturing production quantities of HLNAND(TM) devices are available to semiconductor suppliers, packaging and module suppliers, product manufacturers and system integrators. MOSAID's and Scanimetrics' engineering teams are ready to support licensees for rapid product introduction. For information on Scanimetrics' HLNAND(TM) offerings, visit: http://www.scanimetrics.com/high-speed_NAND_flash.aspx. For more information on HLNAND(TM), visit www.hlnand.com.

About Scanimetrics

Scanimetrics provides products and solutions for the electronics industry which improve performance, enable higher levels of miniaturization, and lower power consumption. Its solutions are cost-effective, resulting in lower product manufacturing costs. For more information, visit www.scanimetrics.com.

About MOSAID

MOSAID Technologies Inc. is one of the world's leading intellectual property companies. MOSAID develops semiconductor memory technology and licenses patented intellectual property in the areas of semiconductors and telecommunications systems. MOSAID counts many of the world's largest technology companies among its licensees. Founded in 1975, MOSAID is based in Ottawa, Ontario. For more information, visit www.mosaid.com and the InvestorChannel.mosaid.com.