MOSAID Signs Two Seasoned Executives as Intellectual Property Licensing Consultants

    OTTAWA, June 13 /CNW Telbec/ - MOSAID Technologies Inc. (TSX:MSD) today
announced that Roger Stricker and Ted Galanthay will provide consulting
services to the Company on patent licensing and other matters related to
asserting the Company's intellectual property rights.
    "Roger Stricker and Ted Galanthay are internationally recognized
intellectual property experts who will be valuable additions to our licensing
teams, providing immeasurable assistance as we pursue the many opportunities
created in new markets by the recent expansion of our patent portfolio," said
Michael Vladescu, Vice President, Licensing and Intellectual Property. "Before
their current consulting roles, both Roger and Ted rose to senior positions
with multinational companies where they generated significant licensing
revenues and dealt with a wide variety of licensing and litigation matters."
    As principal of IPLM Associates LLC, Mr. Stricker offers intellectual
property services including patent portfolio development, licensing
negotiations, litigation support and the development of commercial licensing
opportunities. Mr. Stricker was with Lucent Technologies from 1987 to 2004, in
his most recent role serving as Vice President, Licensing and Intellectual
Property for seven years. He managed four negotiation teams with worldwide
licensing responsibilities for the entire Lucent patent portfolio. During his
tenure, Lucent's intellectual property business exceeded its revenue
commitment by more than 25%, generating average annual licensing revenues of
US$250 to US$300 million. Prior to Lucent, Mr. Stricker worked in a variety of
semiconductor product engineering roles with AT&T Microelectronics and RCA
Corporation. He holds a Ph.D. and M.S. degrees in Electrical Engineering from
Purdue University, and is a member of the Licensing Executive Society and the
Electron Device Society of the IEEE.
    Mr. Galanthay served on the MOSAID Board of Directors from September 2005
to June 2007. From June to November 2006, he also held the position of Acting
Senior Vice President Patent Licensing and General Counsel for MOSAID.
    Mr. Galanthay provides a broad range of intellectual property and
licensing services to clients ranging from start-up companies to global
corporations. As a former Group Vice President of STMicroelectronics, Europe's
largest semiconductor company, he led patent license negotiations in Japan,
Europe, and the U.S. with many peer companies, patent licensing companies and
individual inventors. Previously, he was an intellectual property counsel at
IBM for 25 years where, in his last assignment, he served as an executive
manager at the Personal Computer Group. Mr. Galanthay holds a Juris Doctorate
from George Washington University and a Bachelor of Electrical Engineering
degree from Clarkson University. He is a member of the New York State Bar, the
Arizona State Bar and the U.S. Patent and Trademark Office Bar and is a former
co-chair of the semiconductor committee of the Licensing Executive Society.

    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 customers. Founded in 1975, MOSAID
is based in Ottawa, Ontario, with an office in Santa Clara, California. For
more information, visit
    %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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