OTTAWA, ONTARIO -- (MARKET WIRE) -- Oct 10, 2011 -- MOSAID Technologies Inc. (TSX: MSD) has posted to its website its submissions to the Ontario Securities Commission in response to the application by Wi-LAN Inc. to cease trade MOSAID's Shareholder Rights Plan. These submissions are available at http://www.mosaid.com/corporate/news-events/releases-2011/index.php.

MOSAID continues to advise its shareholders not to tender to Wi-LAN's inadequate offer, and to withdraw any shares that have already been tendered. Enquiries concerning Wi-LAN's take-over bid, including how to withdraw any shares that you have already tendered to the bid, may be directed to MOSAID's information agent, Georgeson Shareholder Communications Canada Inc., at 1-888-605-7632 or Email Contact.

About MOSAID

MOSAID Technologies Inc. is one of the world's leading intellectual property companies. MOSAID licenses patented intellectual property in the areas of semiconductors and communications, and develops semiconductor memory technology. MOSAID counts many of the world's largest technology companies among its licensees. Founded in 1975, MOSAID has offices in Ottawa, Ontario, Plano, Texas and Luxembourg. For more information, please visit www.mosaid.com and http://investorchannel.mosaid.com.

Contacts:
Investor and Media Inquiries
Michael Salter
Senior Director, Investor Relations
and Corporate Communications
613-599-9539 x1205

Email Contact

---