Released on: July 12, 2008, 6:38 am

Press Release Author: Micralyne Inc

Industry: Electronics

Press Release Summary: EDMONTON, ALBERTA - Micralyne Inc.'s Chris Lumb, CEO of the
leading independent MEMS manufacturer, has been selected as a finalist for the Ernst
& Young Entrepreneur Of The Year® Award for 2008 in the category of Biotechnology &
Technology.

Press Release Body: Ernst & Young announced the finalists for this award on July
3rd, 2008. The Entrepreneur Of The Year Awards honour the spirit and contribution
of entrepreneurs here and around the world. This year, the Canadian program is
proudly celebrating a milestone anniversary - 15 years of honouring the country's
most impressive entrepreneurs from all areas of business.

Under the direction of Chris Lumb, Micralyne has been able to maintain an
outstanding track record of growth and profitability in the MEMS industry where
growth is rare. "I am thrilled to be named a finalist for the Ernst & Young
Entrepreneur of the Year award" said Chris Lumb, "reaching the finalist list
reflects on the great dedication of the entire Micralyne staff working towards our
success"

This year the awards will be handed out on Tuesday, October 21, 2008 at the Telus
Convention Centre in Calgary, Alberta.

About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory
services. Worldwide, our 130,000 people are united by our shared values and an
unwavering commitment to quality. We make a difference by helping our people, our
clients and our wider communities achieve potential. www.ey.com/ca

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, microfluidic 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

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

Contact Details: Micralyne Inc.
1911 - 94 Street
Edmonton, Alberta
Canada T6N 1E6
Phone: 780-431-4400
Fax: 780-431-4422