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American Oil Company Awards Micromem Second Development Contract - Seite 3

About Micromem and MASTInc

MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies
Inc., a publicly traded (OTCQX: MMTIF) (CSE: MRM) company. MASTInc analyzes
the specific industry sectors to create intelligent game-changing
applications that address unmet market needs. By leveraging its expertise
and experience with sophisticated magnetic sensor applications, MASTInc
successfully powers the development and implementation of innovative
solutions for healthcare/biomedical, natural resource exploration,
government, information technology, manufacturing, and other industries.
Visit www.micromeminc.com www.mastinc.com.

Safe Harbor Statement

This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks, assumptions
and uncertainties that could cause the Company's actual results to differ
materially from those projected in such forward-looking statements. In
particular, factors that could cause actual results to differ materially
from those in forward looking statements include: our inability to obtain
additional financing on acceptable terms; risk that our products and
services will not gain widespread market acceptance; continued consumer
adoption of digital technology; inability to compete with others who
provide comparable products; the failure of our technology; the
infringement of our technology with proprietary rights of third parties;
inability to respond to consumer and technological demands; inability to
replace significant customers; seasonal nature of our business; and other
risks detailed in our filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date made and are not
guarantees of future performance. We undertake no obligation to publicly
update or revise any forward-looking statements. When used in this
document, the words 'believe,' 'expect,' 'anticipate,' 'estimate,'
'project,' 'plan,' 'should,' 'intend,' 'may,' 'will,' 'would,' 'potential,'
and similar expressions may be used to identify forward-looking statements.

The CSE or any other securities regulatory authority has not reviewed and
does not accept responsibility for the adequacy or accuracy of this press
release that has been prepared by management.

Listing: NASD OTCQX-Bulletin Board - Symbol: MMTIF
CSE - Symbol: MRM
Shares issued: 191,425,600
SEC File No: 0-26005
Investor Contact: [e-mail]; Tel. [phone]
Subscribe to receive News Releases by Email on our website's home page.
www.micromeminc.com


Click on, or paste the following link into your web browser, to view the associated documents

http://www.newsfilecorp.com/release/14364

News Source: Newsfile



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05.03.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Micromem Technologies Inc.


Canada


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