OTTAWA, ONTARIO--(Marketwire - Dec. 22, 2011) - MOSAID Technologies Inc. (TSX:MSD) announced today that the Cantech Letter ([ www.cantechletter.com ]) has named MOSAID as Canadian Tech Stock of the Year.

MOSAID was selected for the award by a panel of five judges, consisting of Tom Liston, Director of Research for Versant Partners, Barry Richards, Managing Director of Research for Paradigm Capital, Tom Astle, Managing Director, Research Technology for Byron Capital, Byron Berry, Equity Research Strategist Byron Capital, Ron Shuttleworth, Technology Analyst, M Partners, and by the readers of the Cantech Letter.

"This award recognizes MOSAID's success as an intellectual property management and innovation company, and the value that has been achieved for shareholders," said Carl P. Schlachte, Chairman of MOSAID's Board of Directors. "The Board congratulates the management team and employees of MOSAID on a job well done."

About MOSAID

MOSAID Technologies Inc. is one of the world's leading intellectual property management companies. MOSAID monetizes patented intellectual property in the areas of semiconductors and communications, and develops semiconductor memory technology. MOSAID counts many of the world's largest technology companies among its licensees. Founded in 1975, MOSAID has offices in Ottawa, Ontario, Plano, Texas and Luxembourg. For more information, please visit [ www.mosaid.com ] and [ http://InvestorChannel.mosaid.com ]

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