Patent Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – March 3, 2017) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces it has received the 5th of 6 patents filed for the oil pan plug. Receipt of the 6th patent is expected by mid-June. This will complete the patents filed and give the Company control of the intellectual property it required for this product.

In addition, Micromem ...

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Revenue from Joint Development Contract

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 22, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that it has received $100,000 USD as payment for work successfully completed per our joint product development agreement with our major oil and gas company partner. This phase will be completed in January 2017 upon which the commercialization phase will start. Micromem ...

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Micromem: Castrol Innoventures Issues Order for First Round of Manufactured Units

Toronto, Ontario and New York, New York–(Newsfile Corp. – December 8, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that Castrol Innoventures (“Castrol”) has issued a US $100,000 purchase order for 10 evaluation units. The Company has received payment. This initial commercial order for the evaluation units will be used for field deployment, additional orders to follow.

Our partnership with Castrol began ...

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Micromem Announces Formal Publishing of Cement Integrity Sensor Patent

Toronto, Ontario and New York, New York–(Newsfile Corp. – November 8, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”), through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce the United States Patent & Trademark Office (“USPTO”) has formally advised Micromem that they are publishing our patent application US2016/0266086 A1 on 9/15/16 for the Cement Integrity Sensor (the “patented technology”). This is a foundational patent for technology that will significantly change ...

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Micromem: Update on Oil and Gas Client Product Developments

Toronto, New York, August 11, 2016: Micromem Technologies Inc. (“Micromem”) (“the Company”) (CSE: MRM, OTCQX: MMTIF) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that, pursuant to our July 13, 2016 press release, the initial invoice has been accepted by the partner. The first payment of US $200,000 for work to be completed by the Company under this agreement will be received on or before September 8, 2016. The funds will be reported ...

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Micromem: Update on Oil and Gas Client Product Developments

Toronto, Ontario and New York, New York–(Newsfile Corp. – July 13, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce the advancement of its MEMS product development for the oil industry. The Company’s partner is beginning to purchase the product for initial field evaluation with their critical clients. On the final form factor MEMS product version, the engineering work is proceeding towards ...

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Micromem Issues Update

Toronto, Ontario and New York, New York–(Newsfile Corp. – July 8, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces that our development projects are ongoing and are at various stages of deployment. Our project partners continue to fund the projects and historically these funds have been reported as a recovery of Deferred Development Costs. The ongoing funding of these projects by our partners is ...

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Micromem: Update on Oil and Gas Client Product Developments

Toronto, Ontario and New York, New York–(Newsfile Corp. – July 11, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that work has begun on the next phase of our product development with one of our oil and gas partners. This phase is designed to validate field worthiness and evaluate the product for manufacturing readiness and commercialization, scheduled for 2016. The initial ...

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Micromem: Update on Oil and Gas Client Product Developments

Toronto, Ontario and New York, New York–(Newsfile Corp. – July 11, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that work has begun on the next phase of our product development with one of our oil and gas partners. This phase is designed to validate field worthiness and evaluate the product for manufacturing readiness and commercialization, scheduled for 2016. The initial ...

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Micromem Update on Oil Condition Sensor Suite

Toronto, Ontario and New York, New York–(Newsfile Corp. – May 18, 2016) – Micromem Technologies Inc. (CSE: MRM) (OTCQX: MMTIF) (“Micromem”) (“the Company”) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), announces the oil pan plug product development has transitioned from our partner’s prototype development facility into their manufacturing facilities. The product development remains ahead of schedule with final product being ready for deployment in 2016.

Business development efforts are underway in pursuing non-automotive usage of this technology ...

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