MOSAID Renews Ottawa Real Estate Sale Process

    OTTAWA, Aug. 13 /CNW Telbec/ - MOSAID Technologies Inc. (TSX:MSD) today
announced that the prospective purchaser of MOSAID's Ottawa head office campus
has withdrawn its offer to purchase the Company's real estate for
$14.0 million. MOSAID had announced the conditional sale of its Ottawa
property in a press release issued on June 28, 2007.
    The withdrawal was not triggered by the due diligence process. Rather,
the buyer withdrew in order to address their own internal business issues.
    The withdrawal of the real estate offer is expected to have minimal
impact on MOSAID's ongoing operations. As a result of this withdrawal, and the
earlier than anticipated close of the sale of certain assets to Synopsys,
Inc., there is no change to MOSAID's guidance for the first quarter of fiscal
2008, ended July 31, 2007. The Company will announce its financial results for
the first quarter of fiscal 2008 on August 30, 2007.
    Colliers International, MOSAID's real estate representative, has
re-initiated the sale process and is approaching other bidders. MOSAID's head
office campus consists of a 77,000 square foot office building and 11.3 acres
of land. The building and land carry a book value of $5.4 million, and upon
sale of the property, MOSAID will retire the mortgage, currently in the amount
of $4.3 million.

    About MOSAID

    MOSAID Technologies Inc. is one of the world's leading intellectual
property companies. MOSAID develops semiconductor memory technology and
licenses patented intellectual property in the areas of semiconductors, and
wired and wireless communications systems. MOSAID counts many of the world's
largest semiconductor companies among its licensees. Founded in 1975, MOSAID
is based in Ottawa, Ontario. For more information, visit

    Forward Looking Information

    This document and certain other public documents incorporated by
reference in this document, contain forward-looking statements to the extent
they relate to MOSAID or its management, including those identified by the
expressions "anticipate," "believe," "foresee," "estimate," "expect,"
"intend," "could," "may," "plan," "will," "would" and similar expressions.
Similarly, statements in this document that describe MOSAID's business
strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. These forward-looking statements are not
historical facts, but rather reflect MOSAID's current expectations regarding
future events. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results, performance or
achievements to differ materially from those in such forward-looking
statements. Assumptions made in preparing forward-looking statements and
financial guidance include, but are not limited to, the following: MOSAID's
continued expansion of its patent portfolio and of its opportunities for
future patent licensing revenue as a result of MOSAID's acquisition of patents
from third parties and from development of new inventions; DRAM manufacturers
continuing to infringe MOSAID's patents; the timing and amount of MOSAID's
litigation expenses; MOSAID's ability to sign new patent licensees; current
assumptions as to the identification of products that are unlicensed to
MOSAID's wireless patents; and the timing and amount of MOSAID's Research &
Development expenses.
    Factors that could cause actual results to differ materially from
expected results include, but are not limited to, the following: the extent of
embedded DRAM proliferation in the System-on-a-Chip markets; legal rulings
and/or regulatory investigations or complaints having an adverse impact on the
validity, enforceability, potential royalty rates, and strength or breadth of
coverage of MOSAID's essential and/or nonessential patents (including, but not
limited to, adverse results from litigation or proceedings in patent offices
and government regulatory agencies in various countries around the world);
judicial, legislative or regulatory changes that impair the ability of patent
holders to earn licensing revenues; economic, social, and political conditions
in the countries in which MOSAID or patent licensees operate, including
security risks, health conditions, possible disruptions in transportation
networks and fluctuations in foreign currency exchange rates; non-payment or
delays in payment by licensees; variability in patent licensees' sales of
licensed products, failure to maintain and enforce MOSAID's existing patent
portfolio, or failure to obtain valuable patents as a result of research and
development activities, or failure to acquire valuable patents from third
parties; MOSAID's ability to recruit and retain skilled personnel; change in
MOSAID's financial position; consolidation of MOSAID's licensees; natural
events, such as severe weather and earthquakes in the locations in which
MOSAID or patent licensees operate; changes in the tax rate applicable to
MOSAID as the result of changes in the tax law in the jurisdictions in which
profits are determined to be earned and taxed, the outcome of tax audits and
the ability to realize deferred tax assets; and adverse impacts of the current
strategic alternatives initiative on employee morale, or management's capacity
to focus on business execution.
    MOSAID assumes no obligation to update or revise any forward-looking
statements. Additional information identifying risks and uncertainties
affecting MOSAID's business and other factors that could cause MOSAID's
financial results to fluctuate are contained in MOSAID's Annual Information
Form, under the section entitled "Risk Factors," and in MOSAID's other public
filings available online at
    %SEDAR: 00002240E

For further information:

For further information: Investor Inquiries: Michael Salter, Director,
Investor Relations and Corporate Communications, (613) 599-9539 x1205,; Media Inquiries: Colleen McGuire, Communications
Specialist, (613) 599-9539 x1228,

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