MOSAID Brings Motion to Dismiss Micron Complaint

OTTAWA, Ontario, Canada -- July 27, 2006 - MOSAID Technologies Incorporated (TSX:MSD) today announced that it has filed a motion to dismiss Micron Technology, Inc.'s Complaint for Declaratory Judgment, which was filed in the U.S. District Court, Northern District of California, San Jose Division on July 24, 2006, or in the alternative, to transfer the case to the District Court for the Eastern District of Texas, Marshall Division, where MOSAID's recently filed case against Micron and other defendants is pending.

About MOSAID
MOSAID Technologies Incorporated makes semiconductors better through the development and licensing of intellectual property and the supply of memory test and analysis systems. MOSAID counts many of the world's largest semiconductor companies among its customers. Founded in 1975, MOSAID is based in Ottawa, Ontario, with offices in Santa Clara, California, Newcastle upon Tyne, U.K, and Tokyo, Japan. For more information, visit www.mosaid.com.