Thursday, March 5th, 2015
Design and Development Leadership in Viable
Sensor Technology.

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DID YOU KNOW?

MMT has been named one of the top 50 companies to watch two years in a row.

MMT has patents in MRAM claiming priority as far back as 1992.

MMTIF
Last Trade: $0.50
Change: -0.01
Trade Date: 3/4/2015

About Micromem

We are a technology company focused on magnetic sensor applications. The company began over 10 years ago researching and developing nano-magnetic random access memory (MRAM) which evolved into its’ current focus on magnetic sensor applications through its wholly owned subsidiary, Micromem Applied Sensor Technologies, Inc. (MAST, Inc.).

MAST Inc. focuses on developing and marketing the delivery of innovative magnetic sensor applications in industries including Defence, Life Sciences, Automotives, Consumer and Mining ( www.magneticsensorsolutions.com/industries/ ).

To learn more about the technology’s applications, please visit www.magneticsensorsolutions.com/applications/.


Micromem’s Edge

MICROMEM TECHNOLOGIES INC. is a leader in viable Sensor Technology and MRAM, currently focused on magnetic sensor applications through its wholly owned subsidiary, Micromem Applied Sensor Technologies, Inc. (MAST, Inc.) (www.mastinc.com). The technology has a combination of superior sensitivity, robust structure, cost effectiveness and small size enabling a wide variety of applications within each industry sector. MAST Inc. focuses on developing and marketing the delivery of innovative magnetic sensor applications in industries including Defense, Life Sciences, Automotives, Consumer and Mining. MICROMEM also holds a broad-based patent portfolio with patents claiming priority in the field going back to 1995.


Key Personnel


Joseph Fuda

Joseph Fuda - President, Chief Executive Officer.


Joseph Fuda has been President, CEO and a Director of Micromem since February, 2002. Before leading Micromem, Mr. Fuda was involved in the investment banking industry and was a principal shareholder, director and Vice-President with EFI Capital, a Toronto-based financial services firm sold in 2003. EFI had offices across Canada and owned and operated insurance, brokerage and trust services.


Dan Amadori

Dan Amadori - Chief Financial Officer.


Dan Amadori has more than 30 years of experience in the financial services sector. After graduating with a B.Comm from McGill in 1972, an MBA from Ivey Business School in 1974, he joined Arthur Andersen & Co. He qualified as a CA in 1976 and spent 12 years in public practice. In 1986 Mr. Amadori assumed the position of President of a privately held communications business. This company grew and was ultimately sold to a large public entity in 1988. In 1988 Mr. Amadori founded Lamerac Financial Corp, a corporate finance and mergers & acquisitions firm. He has successfully concluded numerous transactions in different industry sectors across North America. Mr. Amadori has served as CFO of a number of public and private companies over the past decade and currently serves as an officer or a director of several other public and private companies.

The Micromem Team


Steven Van Fleet

Steven Van Fleet, Director of Business Development and President of Micromem Applied Sensor Technology.


Steven Van Fleet had worked as a Program Director for the Silent Commerce/Smart Packaging Initiative at International Paper Company. From January 1999 to November 1999, he was Program Director for Process and Product Uniformity and from March 1996 to December 1998 he was the Director for Control Systems Development at International Paper in Cincinnati, Ohio. He is also presently on the Board of Overseers for the Massachusetts Institute of Technology Auto ID Center.


Larry Blue

Larry Blue, Director and Vice President of Micromem Applied Sensor Technology.


Mr. Blue is currently Vice President and General Manager for the Printed Electronics Division of Multek, Inc., a wholly-owned subsidiary of Flextronics International. He has served as a Director of Micromem Technologies Inc. since November, 2005. He was previously Chief Executive Officer for Hi-G-Tek, an active RFID company specializing in sensors and seals for the transportation market. Prior to that, Mr. Blue was at Symbol Technologies as the Vice President and General Manager of the RFID Tag business unit. Under his leadership, RFID tag revenues more than doubled and Symbol was second in market share in the industry. Prior to the acquisition by Symbol, Mr. Blue was Vice President, Engineering for Matrics, Inc., a recognized leader in innovation in passive RFID systems. During this time, Larry was heavily involved in defining the EPC Gen 2 Passive UHF RFID standard and led the effort to define the solution for the Hong Kong International Airport - an early key customer win for Matrics. Prior to this position, Mr. Blue held a similar title at Zagros Networks, an early stage venture backed fab-less semiconductor company that developed a novel switch fabric chipset targeted for the telecommunications industry. Mr. Blue has over 25 years of industry experience in large and small companies, including IBM and Hughes, and his 20 years of technical management experience spans communications, semiconductors, networking and multimedia technologies. Larry holds an MSEE from Duke University, and lives in Maryland.

Micromem Directors


Salvatore Fuda

Salvatore Fuda

Salvatore Fuda has served as Chairman of the Board of Micromem since January 11, 1999 and a Director of Micromem since 1992. He served as President and Chief Executive Officer from June 2000 through to February 13, 2002. From 1992 to January 11, 1999 he also served as Secretary of Micromem. He served as President and Chief Executive Officer of Ontex Resources Limited (a TSX Exchange listed company) from 1986 to December 1998 and as Chairman of the Board of Ontex Resources Limited since that date. He has served and is the Chairman of Echo Energy Canada and Leader Capital Corporation (both TSX Venture Exchange listed companies) since June, 2002. He is the father of Joseph Fuda.


Joseph Fuda

Joseph Fuda

Joseph Fuda has been President, CEO and a Director of Micromem since February, 2002. Before leading Micromem, Mr. Fuda was involved in the investment banking industry and was a principal shareholder, director and Vice-President with EFI Capital, a Toronto-based financial services firm sold in 2003. EFI had offices across Canada and owned and operated insurance, brokerage and trust services.


Andrew Brandt

Andrew Brandt

Andrew Brandt served as Chair and Chief Executive Officer of the Liquor Control Board of Ontario (LCBO) from 1991 to 2006. In 2003 he was re-appointed to an unprecedented fifth three-year term. The LCBO is the largest single purchaser of beverage alcohol products in the world with annual sales of more than $3.3 billion. Under Mr. Brandt?s leadership, the LCBO increased its annual sales by $1.5 billion and achieved nine straight record dividend transfers to the province of Ontario. Prior to this, Mr. Brandt enjoyed a long and distinguished career in public service. He entered politics in 1971, serving on the Council of the City of Sarnia for almost a decade, including three terms as mayor. In 1981, he was elected to the Ontario Legislature as Member of Provincial Parliament for Sarnia. Mr. Brandt was appointed Minister of the Environment in 1983, and became Minister of Industry and Trade in 1985. In opposition he served as Leader of the Ontario Progressive Conservative Party from 1987-1990. He is currently Chairman of the Board of Directors of the Lambton College Foundation and a past director of the Council for Canadian Unity.

Oliver Nepomuceno


Mr. Nepomuceno is an investment officer for Crystal Business S.A., an investment company based in Lugano, Switzerland. His principal responsibility at Crystal Business S.A. is to manage commercial and investment businesses worldwide in several fields and industries. Under his direction, numerous companies have been able to improve their business and generate profitability worldwide. In addition to acting as an investment advisor, Mr. Nepomuceno oversees portfolio management for private clients.


David Sharpless

David Sharpless

David Sharpless is Chairman, Maverick Inc., a family investment corporation. From 2000 to September 2001, he was President, International of CIT's Vendor Technology Finance unit. In this capacity, he was responsible for CIT's international vendor finance business, covering CIT's operations in Canada, Europe, Latin America, Asia Pacific, Australasia. Prior thereto, Mr. Sharpless was Newcourt Credit Group Inc.'s Deputy Chairman and was responsible for international operations for Newcourt Financial. David is a graduate of Osgoode Hall Law School and is a member of the bar of Ontario. Mr. Sharpless has served as a director of Micromem since March 2001.


Steven Van Fleet

Steven Van Fleet

Steven Van Fleet had worked as a Program Director for the Silent Commerce/Smart Packaging Initiative at International Paper Company. From January 1999 to November 1999, he was Program Director for Process and Product Uniformity and from March 1996 to December 1998 he was the Director for Control Systems Development at International Paper in Cincinnati, Ohio. He is also presently on the Board of Overseers for the Massachusetts Institute of Technology Auto ID Center.


Larry Blue

Larry Blue


Mr. Blue is currently Vice President and General Manager for the Printed Electronics Division of Multek, Inc., a wholly-owned subsidiary of Flextronics International. He has served as a Director of Micromem Technologies Inc. since November, 2005. He was previously Chief Executive Officer for Hi-G-Tek, an active RFID company specializing in sensors and seals for the transportation market. Prior to that, Mr. Blue was at Symbol Technologies as the Vice President and General Manager of the RFID Tag business unit. Under his leadership, RFID tag revenues more than doubled and Symbol was second in market share in the industry. Prior to the acquisition by Symbol, Mr. Blue was Vice President, Engineering for Matrics, Inc., a recognized leader in innovation in passive RFID systems. During this time, Larry was heavily involved in defining the EPC Gen 2 Passive UHF RFID standard and led the effort to define the solution for the Hong Kong International Airport - an early key customer win for Matrics. Prior to this position, Mr. Blue held a similar title at Zagros Networks, an early stage venture backed fab-less semiconductor company that developed a novel switch fabric chipset targeted for the telecommunications industry. Mr. Blue has over 25 years of industry experience in large and small companies, including IBM and Hughes, and his 20 years of technical management experience spans communications, semiconductors, networking and multimedia technologies. Larry holds an MSEE from Duke University, and lives in Maryland.


Corporate Governance

Audit Committee Charter
Compensation Committee Charter
Conflict of Interest
Governance Committee Charter
Insider Trader Policy
MAST Organization Chart (Directors & Officers)
Micromem Corporate Disclosure Policy
Micromem Organization Chart (Directors & Officers)