2002 News Releases

"FOR IMMEDIATE RELEASE"

Judge Denies Samsung Motion for More Definite Statement of Claim

OTTAWA, Ontario, Canada – January 3, 2002 – MOSAID Technologies Incorporated (TSE: MSD) announced today an update in its ongoing patent litigation against Samsung Electronics Co., Ltd. and several of its U.S.-based affiliates.

MOSAID received notice today that United States Magistrate Judge G. Donald Haneke has issued an order in the United States District Court for the District of New Jersey denying Samsung's motion for a more definite statement of the Complaint in this action.

MOSAID commenced litigation against Samsung Electronics Co., Ltd. and several of its U.S.-based affiliates on September 13, 2001, for infringement of seven of MOSAID's United States patents relating to Dynamic Random Access Memory (DRAM) circuit inventions.

About MOSAID
MOSAID Technologies Incorporated is an independent semiconductor company operating through three divisions:

• Semiconductor – a fabless provider of networking chips
• Intellectual Property – a licensor of intellectual property to semiconductor manufacturers worldwide
• Systems – the leading supplier of engineering memory test and analysis systems to memory manufacturers, foundries and fabless chip companies.

Founded in 1975, MOSAID is based in Ottawa, Ontario, Canada, with offices in Santa Clara, California; Newcastle upon Tyne, U.K; and Tokyo, Japan. For more information, visit the Company’s web site at www.mosaid.com.

Forward Looking Information
This document may contain forward-looking statements relating to the Company’s operations or to the environment in which the Company operates. Such statements are based on current expectations that are subject to a variety of risks and uncertainties that are difficult to predict and/or beyond MOSAID’s control. Actual results may differ materially from those expressed in any forward-looking statements, due to factors such as customer demand and timing of purchasing decisions, product and business mix, competitive products, pricing pressures as well as general economic and industry conditions. MOSAID assumes no obligation to update these forward-looking statements, or to update the reasons why actual results could differ from those reflected in any forward-looking statements. Additional information identifying risks and uncertainties is contained in other public filings with the Ontario Securities Commission.

For more information, please contact:

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

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