MOSAID Announces Cisco Complaint

OTTAWA, ONTARIO-- August 16, 2010 -- MOSAID Technologies Inc. (TSX:MSD) today announced that Cisco Systems Inc. filed a Complaint for Declaratory Judgment in the United States District Court for the District of Delaware. In its complaint, Cisco is seeking a declaration of non-infringement and invalidity with respect to nine U.S. patents and one patent application owned by MOSAID, and which relate generally to Power-over-Ethernet technology.

The complaint was filed under seal on August 13, 2010 and a public version was filed on August 16, 2010. MOSAID has not been formally served with the complaint, and the Company is considering its response.

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, please visit www.mosaid.com and www.InvestorChannel.mosaid.com.