2008-07-03 11:23:13 - EDMONTON, ALBERTA - Micralyne Inc., a world leading MEMS foundry, has been selected as a finalist for the EuroAsia IC Industry Awards in the category of Foundry of the Year.

EuroAsia Semiconductor announced the finalists for this award on July 1st, 2008. The IC Industry Awards are in their 4th year. It enjoyed an amazing response last year with over 100 companies entering and as importantly, over 22,000 votes cast.

In 2007, Micralyne was presented the Foundry of the Year award during SEMICON West in San Francisco. 'Micralyne is very

pleased to be a finalist for this award once again,' said Chris Lumb, President & CEO of Micralyne. 'Reaching the finalist list for the second year in a row can be attributed to all our employees hard work which has allowed our continuous growth.'

This years voting will commence on June 26, 2008. The Awards will be presented in Europe this year on October 7th at SEMICON Europa 2008.

About EuroAsia IC Industry Awards
The IC Industry Awards are a recognised platform that allows the semiconductor industry to judge and make their voices heard about the people and products and practises serving this industry.
www.euroasiasemiconductor.com

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

For more information please contact:
Isaac Saraga
Communications Associate
Micralyne Inc
780.431.4403
isaacs@micralyne.com
www.micralyne.com