Micromem Technologies Inc. Supplies Broadcast Airing Dates and Times for The Economic Report With Greg Gumbel

         CNN Headline News Airings To Take Place March 9, 10, and 14

               (xx)Segment Available on Micromem's Website(xx)

    TORONTO & NEW YORK, Feb. 19 /CNW/ - Micromem Technologies Inc. (OTCBB:
MMTIF; CNSX: MRM) has received the broadcast dates and times for the Economic
Report segment with Greg Gumbel.

    The segment will broadcast on CNN Headline news during the following
    March 9: 9:54PM, New York
    March 10: 6:54AM & 8:54AM - New York
    March 14: 8:54AM, 9:24AM, 9:54AM, & 12:24PM - Greater Boston

    The segment, which features interviews with Micromem Technologies Inc.
CEO and President Joseph Fuda along with MASTInc President Steven Van Fleet,
details how very fast, low power magnetic memory sensing devices can be
applied across any number of sectors including: aerospace and defense, mining,
consumer applications, healthcare/medical devices, and homeland security. To
see the segment, please visit Micromem's website at http://micromeminc.com.
    Micromem will provide updates on future dates and times of airings as
soon as those are made available.

    About The Economic Report

    The Economic Report airs during the day on a variety of well-known news
networks throughout the country. In a multi-dimensional format, Mr. Gumbel
begins by introducing each new story and each show's theme, providing a sense
of consistency throughout the segments. The stories educate viewers and
provide new information that will impact their lives. With fresh content
interlaced throughout each series, the show broadens perspectives, erases
boundaries and opens up new avenues for progress and ideas for the audience.
Viewers will gain insight on opportunities for their families, businesses,
lifestyles, and financial futures. In this way, The Economic Report can be a
powerful engine of change. For more information visit

    About Micromem and MASTInc

    MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies
Inc., a publicly traded (OTCBB: MMTIF; CNSX: MRM) fables semiconductor company
with headquarters in Toronto, Canada and an office in New York City. Micromem
holds and continues to develop a broad-based patent portfolio of
Magnetoresistive Random Access Memory (MRAM) and magnetic sensor technologies.
Micromem's MRAM patents create a solution for performance driven, radiation
hard, non-volatile memory applications. MASTInc is focused on business
development efforts and is working on the launch of sensory products for use
in both defense and consumer applications. Its first product, GC-0301, is far
superior to the competition with over 200 V/T, making it one of the most
sensitive hall sensors on the market without the need for external
amplification. MASTInc is working with companies that have large-scale
capabilities and expects to sign contracts in the coming quarters.

    Safe Harbor Statement

    This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks, assumptions and
uncertainties that could cause the Company's actual results to differ
materially from those projected in such forward-looking statements. In
particular, factors that could cause actual results to differ materially from
those in forward looking statements include, our inability to obtain
additional financing on acceptable terms, risk that our products and services
will not gain widespread market acceptance; continued consumer adoption of
digital technology, inability to compete with others who provide comparable
products, the failure of our technology, inability to respond to consumer and
technological demands, inability to replace significant customers; seasonal
nature of our business and other risks detailed in our filings with the
Securities and Exchange Commission. Forward-looking statements speak only as
of the date made and are not guarantees of future performance. We undertake no
obligation to publicly update or revise any forward-looking statements. When
used in this document, the words "believe," "expect," "anticipate,"
"estimate," "project," "plan," "should," "intend," "may," "will," "would,"
"potential," and similar expressions may be used to identify forward-looking

    The CNSX or any other securities regulatory authority has not reviewed
    and does not accept responsibility for the adequacy or accuracy of this
    press release that has been prepared by management.

    Listing: NASD OTC-Bulletin Board - Symbol: MMTIF
           : CNSX - Symbol: MRM

    Shares issued: 83,555,521
    SEC File No: 0-26005

    %SEDAR: 00004447E          %CIK: 0001085921

For further information:

For further information: Micromem Technologies Inc., Jason Baun, (416)
364-2023, Chief Information Officer; Or The Investor Relations Group, Adam S.
Holdsworth, (212) 825-3210

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