2002 News Releases

"FOR IMMEDIATE RELEASE"

George Cwynar to speak at OHRPA dinner

OTTAWA, Ontario, Canada – February 26, 2002 – George Cwynar, President and CEO of MOSAID Technologies, will speak on the topic of Human Resources in the technology sector at the Ottawa Human Resources Professional Association (OHRPA) dinner meeting. Mr. Cwynar will discuss the various responsibilities of the Human Resources (HR) professional through a business cycle, and the role of the HR department as a key contributor to the success of a company.

Who: George Cwynar, President and CEO, MOSAID Technologies
What: OHRPA Dinner Meeting: The Role of HR in the Technology Sector
When: Wednesday, February 27, 2002
Registration: 5:30 p.m. Dinner: 6:30 p.m.
Where: Centurion Conference and Event Center, 170 Colonnade Road South, Nepean

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