Texas Instruments Executive Appointed as MOSAID's Senior Vice President of Patent Licensing and General Counsel

OTTAWA -- Nov. 7, 2006 -- MOSAID Technologies Incorporated (TSX: MSD) today named John C. Lindgren as Senior Vice President Patent Licensing, General Counsel and Corporate Secretary. Mr. Lindgren joins MOSAID from Texas Instruments (TI) in Dallas, Texas, where he served as Vice President and Assistant General Counsel.

Mr. Lindgren brings to MOSAID over 20 years of experience with one of the world's most renowned semiconductor companies, and extensive semiconductor patent licensing and litigation experience. In 2000, Mr. Lindgren was appointed Vice President and Assistant General Counsel with TI, responsible for company-wide legal issues related to the Asia Pacific and Japan regions, as well as world-wide trade compliance legal issues. He headed a team of 28 lawyers who provided legal counsel to the company's US$3.5 billion Application Specific Products group, which includes TI's global Digital Signal Processor business. Prior to this role, Mr. Lindgren was Senior Regional Counsel for Texas Instruments Japan Limited, based in Tokyo. From 1989 to 1998, as a key member of TI's patent cross-licensing team, he helped drive the licensing strategy that resulted in the collection of over US$2 billion in royalties.

"We are extremely pleased that an executive of Mr. Lindgren's caliber and experience is joining our company," said George Cwynar, President and Chief Executive Officer, MOSAID. "John is the perfect choice for taking MOSAID's highly successful patent licensing program to its next stage of evolution."

Mr. Lindgren replaces Mr. Ted Galanthay, a member of MOSAID's Board of Directors, who served as acting Senior Vice President Patent Licensing and General Counsel, while the Company conducted an executive search. Under Mr. Galanthay's guidance, MOSAID initiated litigation against Micron Technology, Inc., ProMOS Technologies Inc. and Powerchip Semiconductor Corporation. The Company also entered into an important patent licensing partnership with the California Institute of Technology. Mr. Galanthay will continue to serve as a company Director.

Mr. Lindgren joined TI in 1986 and worked for three years as a failure analysis engineer before becoming a Patent Licensing Engineer in 1989. Mr. Lindgren holds a Juris Doctorate from Southern Methodist University School of Law, as well as a M.Sc. Electrical Engineering from Southern Methodist University School of Engineering and Applied Science, and a B.Sc. Electrical Engineering from Duke University School of Engineering. Mr. Lindgren currently serves as the co-chair of the Intellectual Property subcommittee of the Semiconductor Industry Association.

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 Santa Clara, California, Newcastle upon Tyne, U.K, and Tokyo, Japan. For more information, visit www.mosaid.com.