Tuesday, February 7, 2012

Micromem (OTCBB: MMTIF) Meets Major Milestone of Shipment of Speed Control Circuit Boards for Final Client Acceptance

Micromem (OTCBB: MMTIF) Meets Major Milestone of Shipment of Speed Control Circuit Boards for Final Client AcceptanceOrlando, FL 2/7/12 (StreetBeat) -- Micromem Technologies Inc. [OTCBB: MMTIF], through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc., announces a contract milestone with GSI Westwind has been met with the delivery of the air bearing motor speedcontrol circuit boards in early January. These patent pending circuit boards were designed and manufactured by Micromem and include the Company's patented Hall sensor chips.

The design takes advantage of the Company's industry leading, small sensor footprint and nano second signal acquisition speeds. The flexible arms of the circuit board allow the Company's sensors to be in close proximity with the magnets in the client's motors, providing a crisp, noise free signal back to the speed controller. A photo of the production ready Micromem product is shown above. The Company's magnetic sensors are shown on each of the three flexible circuit arms.

Prior to shipping the circuit boards to the client, they were fully tested up to the maximum allowable speed based on the client supplied drive unit. The resultant signal waveforms for all three switching channels were clean and noise free.

GSI Westwind has been performing extensive tests on the Micromem boards and a final report is anticipated by February 10, 2012. Micromem will react to any feedback from the client and incorporate circuit adjustments requested in follow up production orders.

Joseph Fuda, President of Micromem states "The Company is very proud of this device and excellent results are expected".

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