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2008 News Releases                           

"FOR IMMEDIATE RELEASE"

MOSAID to Hold Annual General Meeting

OTTAWA, Ontario – Sept 22, 2008 - MOSAID Technologies Inc. (TSX:MSD) will hold its Annual General Meeting on October 1, 2008 in Ottawa.

When:      Wednesday, October 1, 2008, beginning at 10:30 a.m. EDT


Where:     Brookstreet Hotel, 525 Legget Drive, Ottawa, Ontario. Free parking is available                  in the hotel’s underground lot.

Access to the Annual General Meeting is also available via a live audio webcast at www.mosaid.com or by calling 1-800-909-4571.

Photo and interview opportunities will be available to the media after the meeting's close.

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.

For more information, visit www.mosaid.com.

For more information, please contact:


Investor Inquiries
Michael Salter
Director, Corporate Communications
613-599-9539 x1205
salter@mosaid.com






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