Experienced start-up executive joins Microbridge Technologies

Montréal, Québec, December 15, 2003 - Microbridge Technologies Inc., a privately held technology company announced the appointment of Michael S. Foster to the position of president and CEO.

Mr. Foster is an executive manager with over 25 years of practical experience in general management, research and development, product line management and marketing in the semiconductor, telecommunications, computer-telephony, network equipment and network security industries.

Mike has a proven track record as C.E.O., C.O.O., and general manager. During his career to date he has held senior management roles in corporate, business unit and start-up environments, including: V.P. R&D of Mitel Semiconductor, V.P. Product Planning and G.M. of Client-Server Telecom Group at Mitel Corporation, V.P. Business Development of Vienna Systems, A.V.P. Emerging Business Group and A.V.P. Internetworking Solutions at Newbridge Networks, Chief Operating Officer of Chrysalis-ITS and most recently president and C.E.O. of Symagery Microsystems.

"I am delighted to be joining the team here at Microbridge Technologies, and very excited by the opportunity for our electronically adjustable micro-resistor technology to make a significant impact on the electronics, sensor and integrated circuit markets," said Foster. "I am looking forward to helping Microbridge capitalize on its intellectual property and innovations in our target markets."

About Microbridge Technologies
Microbridge Technologies, Inc. is an early stage technology company specializing in micro-systems technology for electronics, micro-devices and sensor-based systems. Microbridge uses micro-thermal devices based on conventional silicon integrated circuit technology to create solutions in a variety of industries. The devices involve a micro-membrane with embedded micro-heater, suspended over a cavity in a silicon chip. These structures form the basis for a broad family of products in the form of electronically adjustable resistive micro-devices that provide an unprecedented combination of high precision, price, and ease of use.