Emerging Memory Technologies appoints Cormac O'Connell as Vice President of Engineering

Ottawa – June 24th, 2005 –Emerging Memory Technologies Inc. (EMT), a leading provider of embedded memory technology solutions to the semiconductor industry, has announced the appointment of Cormac O’Connell as Vice President of Engineering.

Mr. O’Connell will be responsible for development, testing and customer support for this rapidly growing organization.

Prior to joining EMT, Mr. O’Connell was Vice-President of Business Development at Insyte. There he helped grow the SoC integration business and launched a series of successful new products.

In his more than 20 years of experience, he has held increasingly senior management roles in SiGe and MOSAID in Canada, and Philips in the Netherlands.

"We are pleased to have Cormac join our management team. Cormac is a veteran with broad experience on memory design and it use in SoC designs" said Sreedhar Natarajan, Founder and CEO of Emerging Memory Technologies Inc. “His expertise will help EMT strengthen its design methodologies and productivity allowing faster and more effective service to our partners and customers”

About EMT

Founded in 2004, Emerging Memory Technologies Inc. specializes in the design and licensing of leading-edge embedded memory technology in both bulk CMOS and SOI.

EMT provides DRAM, SRAM and new memory technology design services. EMT products include ultra-low leakage SRAM memories, BIST/BISR memory controllers and the first commercially available embedded DRAM compiler.

EMT is based in Ottawa, Canada. For more information, visit www.emergingmemory.com.