Released on: May 16, 2008, 8:23 am

Press Release Author: Micralyne

Industry: Electronics

Press Release Summary: EDMONTON, ALBERTA - May 16, 2008 - Micralyne Inc., a world
leading MEMS foundry, has recently learned that it has been selected as a finalist
for the 2008 CATAAlliance Innovation and Leadership Award in the category of Private
Sector Leadership in Advanced Technology.

Press Release Body: The Canadian Advanced Technology Alliance (CATAAlliance)
announced finalists for this award on Monday May 12th.

"Micralyne is excited to be a finalist for this award," said Chris Lumb, President &
CEO of Micralyne. "The CATAAlliance is an outstanding organization and we are
pleased to be recognized as a top innovator in the MEMS and microsystems industry."

The awards will be announced at a gala dinner on June 10th, 2008 at the Chateau
Laurier in Ottawa, Ontario. For more information, please go to CATAAlliance
Innovation and Leadership Awards website at www.cata.ca.

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About CATAAlliance
The Canadian Advanced Technology Alliance brings great value to its 28,000 members
by creating a collaborative edge -- a chain of expanding value that ripples across
Canada's Innovators, Commercializers, Users, and Professionals. CATAAlliance
matches businesses with opportunities across almost every sector that brings
together a wide network of business. CATAAlliance members are connected with
investment and partnership opportunities with the major global companies.

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

Web Site: http://www.micralyne.com

Contact Details: 1911 - 94 Street
Edmonton, Alberta, Canada
T6N 1E6
www.micralyne.com