Lyrtech launches its third-generation MIMO solutions



    FLEXIBLE, INTEGRATED SOLUTIONS FOR FASTER THAN EVER PROTOTYPING AIMED AT
    MIMO APPLICATIONS SUCH AS WI-FI (802.11N)

    QUEBEC CITY, Oct. 11 /CNW/ - Lyrtech Inc. ("Lyrtech" or the "Company")
(TSX-V: LYT), a worldwide leader in digital signal processing ("DSP")
technologies with state of the art EMS facilities, announced today the launch
of its third generation of MIMO (Multiple-Input, Multiple-Output) solutions.
These solutions are the most scalable and integrated on the market, allowing
developers to prototype MIMO applications more quickly than ever before.
    MIMO, which stands for multiple-input, multiple-output, refers mainly to
the use of several antennas at the transmitter and receiver to improve the
performance of radio communication systems. MIMO technology is rapidly gaining
ground in the field of wireless communications because it offers numerous
significant advantages such as increased data throughput and quality of
service without the need for additional bandwidth.
    Lyrtech's third-generation multichannel, rapid prototyping solution is
better integrated to The MathWorks model-based design tools, and Lyrtech's own
software tools are specifically tuned for fast prototyping. The new solution
is also capable of a 1-GBps, bidirectional input-to-output digital throughput
owing to the combined DSP-FPGA processing engines, while the second-generation
MIMO solution was only capable of a 400-MBps, unidirectional throughput. The
solution is now capable of operating in the baseband or the intermediate
frequency (IF) range, and can also be equipped with a radio frequency (RF)
front end.
    "This generation of MIMO solutions is our fastest-selling offering to
date," said Jean-Sébastien Bérubé, executive vice president of sales,
marketing, and customer services. "It is the only multichannel, rapid
prototyping solution on the market with this degree of software and hardware
integration, complete from baseband to radio frequency. Combined with the new
Quad Dual-Band RF Transceiver, this solution has the potential to become the
leading MIMO Wi-Fi development solution for developers all over the world. We
are extremely proud of what we've achieved here."
    The previous generations of MIMO solutions generated revenues over
$1.5 million since 2005 and the Company expects the third generation of MIMO
solutions to increase significantly the revenue stream of the Company.

    About Lyrtech Inc.

    Lyrtech is a worldwide leader in digital signal processing ("DSP")
technologies with state of the art EMS facilities. The Company develops and
manufactures advanced digital signal processing solutions for companies
worldwide, a vital technology to network and wireless communications, audio
and video processing, as well as electronic systems in all fields of
technology. Lyrtech offers a full range of DSP-FPGA development platforms, as
well as design, prototyping, and manufacturing of electronic products through
its Innovator division.
    Lyrtech works in partnership with industry leaders such as Texas
Instruments, The MathWorks, and Xilinx. Lyrtech's customers include many
prestigious names of the consumer electronics, telecommunications, aerospace,
and defense fields such as BAE Systems, Defence Research and Development
Canada (DRDC), the European Aerospace Defence and Space Company (EADS),
Fujitsu, Harris, ITT, Motorola, Neural Audio, NTT DoCoMo, and Samsung-Thales.
For more information please visit www.lyrtech.com.

    FORWARD LOOKING STATEMENTS

    Certain statements made in this press release regarding Lyrtech's future
operations, expected financial position, future revenues, projected costs,
prospects, plans and objectives are forward-looking statements. These
forward-looking statements, by their nature, necessarily involve risks and
uncertainties that could cause actual results to differ materially from those
contemplated by the forward-looking statements. Lyrtech considers the
assumptions on which these forward-looking statements are based to be
reasonable at the time they were prepared, but cautions that these assumptions
regarding future events, many of which are beyond Lyrtech's control, may
ultimately prove to be incorrect. Factors and risks which could cause actual
results to differ materially from current expectations are discussed in
Lyrtech's annual report for the year ended December 31, 2006. Lyrtech
disclaims any intention or obligation to update or revise any forward-looking
statements. For additional information on risks and uncertainties relating to
these forward-looking statements, investors should consult Lyrtech's ongoing
filings, including its most recent annual report, found on SEDAR at
www.sedar.com

    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy and accuracy of this release.

    %SEDAR: 00014715E




For further information:

For further information: Miguel Caron, President and Chief Executive
Officer, Lyrtech Inc., (418) 877-4644, miguel.caron@lyrtech.com;
Jean-Sébastien Bérubé, Executive Vice President, Sales, Marketing and Customer
Services, Lyrtech Inc., (418) 877-4644, js.berube@lyrtech.com; Matthieu
Cardinal, Investor Relations, The Equicom Group Inc., (514) 844-6054,
mcardinal@equicomgroup.com

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LYRTECH INC.

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