2006 News Releases

MOSAID TO HOLD CONFERENCE CALL
Following Announcement of Third Quarter
Results for Fiscal Year 2006

Thursday, February 23, 2006 - 5:00 p.m. ET

You are invited to participate in a teleconference with the senior management of MOSAID Technologies Incorporated to discuss second quarter results for the period ended January 31, 2006. The teleconference is scheduled to begin at 5:00 p.m. ET.

A news release detailing these results will be issued on Thursday, February 23, 2006, after the close of the markets.

To participate in this teleconference, please call 1-800-814-4941 five minutes prior to the start of the conference call. For your convenience, the teleconference will be recorded and available for seven business days at the following instant replay number: 1-877-289-8525 under reservation number 21175428#.

The conference call will be simultaneously webcast. Please visit www.mosaid.com. the day of the call for more details. The webcast slides and audio will be subsequently archived on the MOSAID web site in the event that you are unable to participate in the live call or rebroadcast.

About MOSAID
MOSAID Technologies Incorporated makes semiconductors better through the development and licensing of intellectual property and the supply of memory test and analysis systems. MOSAID counts many of the world's largest semiconductor companies among its customers. Founded in 1975, MOSAID is based in Ottawa, Ontario, with offices in Sunnyvale and Santa Clara, California; Newcastle upon Tyne, U.K; and Tokyo, Japan. For more information, visit www.mosaid.com.

For more information, please contact:

Heidi Vincent Director, Investor Relations & Communications 613-599-9539 x1205 vincent@mosaid.com

Sara Haskill Communications Specialist 613-599-9539 x1228 haskill@mosaid.com