MICROMEM TECHNOLOGIES INC. is a leader in Sensor Technology. Currently Micromem is focused on magnetic sensor applications through its wholly owned subsidiary, Micromem Applied Sensor Technologies, Inc. (MAST, Inc.)(www.mastinc.com). The core technology has a combination of superior sensitivity, robust structure, cost effectiveness and small size enabling a wide variety of applications within each industry sector, spanning Automotive, Oil & Gas and Utility companies. MAST, Inc. clients include Fortune 500 companies. Working with clients to solve unmet needs in their respective industries, Micromem has successfully delivered client approved prototypes. MAST, Inc. will now work directly with clients to move from approved prototype to production versions of patented solutions. Micromem holds a broad-based patent portfolio with patents claiming priority in the field going back to 1995.