Micromem and Castrol innoVentures Sign Joint Development Agreement

Micromem and Castrol innoVentures Sign Joint Development Agreement 

Toronto, New York, October 20, 2014: Micromem Technologies Inc. (the “Company”) (CSE: MRM, OTCBB: MMTIF) through its wholly owned subsidiary Micromem Applied Sensor Technologies Inc. (MAST), is pleased to announce that it has executed a Joint Product Development Agreement (“Agreement”) with Castrol innoVentures (“Castrol”).

Castrol innoVentures (www.castrolinnoventures.com) is Castrol’s innovation & venturing arm. It seeks to invest in and create material businesses beyond lubricants.

The principal objective outlined in the ...

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