-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G8zQNPD/ux5/uOCd3dZwQiZFZbOYKz11vlXv/bPdbdHAU5xvR09seZsBsynksd/F 4VY/FAzdAwSRefPl+UZxvQ== 0001204459-08-000836.txt : 20080424 0001204459-08-000836.hdr.sgml : 20080424 20080424120441 ACCESSION NUMBER: 0001204459-08-000836 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080423 FILED AS OF DATE: 20080424 DATE AS OF CHANGE: 20080424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICROMEM TECHNOLOGIES INC CENTRAL INDEX KEY: 0001085921 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26005 FILM NUMBER: 08773652 BUSINESS ADDRESS: STREET 1: 1910-777 BAY STREET STREET 2: TORONTO, ONTARIO CITY: TORONTO STATE: A6 ZIP: M5G 2C8 BUSINESS PHONE: 416-364-6513 MAIL ADDRESS: STREET 1: 1910-777 BAY STREET STREET 2: TORONTO, ONTARIO CITY: TORONTO STATE: A6 ZIP: M5G 2C8 6-K 1 mmti042408form6k.htm FORM 6-K Micromem Technologies Inc.: Form 6-K - Prepared by TNT Filings Inc.

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

April, 2008

Commission File Number 0-26005

MICROMEM TECHNOLOGIES INC.

 777 Bay Street, Suite 1910, Toronto, ON  M5G 2C8

[Indicate by checkmark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.]

Form 20-F Q     Form 40-F £

             [Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]

Yes £      No Q 

[If “Yes is marked, indicate below the file number assigned to the registrant in connection with rule 12g3-2(b):        N/A

This report on Form 6-K is hereby incorporated by reference in the registration statement on Form F-3 (Registration No. 333-134309) of Micromem Technologies Inc. and in the prospectus contained therein, and this report on Form 6-K shall be deemed a part of such registration statement from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished by Micromem Technologies Inc. under the Securities Act of 1933 or the Securities Exchange Act of 1934.

SIGNATURES    

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

   
 

MICROMEM TECHNOLOGIES INC.

   

 

By:       /s/ Joseph Fuda              
Date: April 24, 2008        Name: Joseph Fuda

 

       Title:   Chief Executive Officer

 


Exhibit Index

Exhibit
Number Exhibit Description
   

99.1

Press Release – Micromem projects revenue from early pilot orders for magnetic sensors in 2008

 


EX-99.1 2 mmti042408exh991.htm PRESS RELEASE DATED APRIL 23, 2008 Micromem Technologies Inc.: Exhibit 99.1 - Prepared by TNT Filings Inc.

FOR IMMEDIATE RELEASE

April 23, 2008

MICROMEM PROJECTS REVENUE FROM EARLY PILOT ORDERS FOR MAGNETIC SENSORS IN 2008

TORONTO, ONTARIO, April 23, 2008 – Micromem Technologies Inc. [OTC BB: MMTIF] is pleased to announce that it is fully engaged and conducting business development work in two foundries in the United States. The company expects to enter into a third foundry contract by Q3 2008.

Joseph Fuda, the company’s CEO, stated, "With our potential clients beginning to validate our technology and moving towards specific productization plans for their product lines, it is imperative that we continue to have full access to foundry operations. This will ensure the process of moving from constant innovation to product revenue is accelerated."

The company has begun manufacturing its magnetic sensors for potential commercial clients. This work is currently underway in the Global Communications Semiconductor (GCS) foundry in Torrence, California. The company expects to deliver the first packaged magnetic sensors for evaluation and characterization some time this summer and anticipates generating sales from these pilot projects. GCS performed exceptionally well in the early productization phase and the management will continue this partnership as it brings sensors and memory arrays to market.

With the productization process fully underway with its partners, Micromem has focused its attentio n to business development. Management is pursuing licensing revenue and direct revenue from sales and marketing channels for its memory and sensor devices. In a similar vein the company will begin to deliver MRAM memory arrays packaged for specific market place evaluation by Q3 2008.

Joseph Fuda states, "We are now actively responding to and submitting proposals for both commercial and government sectors for memory and sensor applications. The interest that we have seen for sensors has been incredible and we expect this to be a very exciting and profitable sector for our patented technology. It is important to note this initial project is for a potential client in the sensor market only and is independent of the company’s memory initiatives."

For further information concerning the Micromem technology or to participate in future field trials please contact Jason Baun, Chief Information Officer 1-877-388-8930


Listing: NASD OTC-Bulletin Board - Symbol: "MMTIF"
Shares issued: 77, 220, 575
SEC File No: 0-26005

About Micromem Technologies Inc.

Micromem Technologies Inc. (www.micromeminc.com) is focused on the development of magnetic random access memory (MRAM) technology and sensors.

Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties, which may cause Micromem’s actual results in future periods to differ materially from those expressed or suggested herein. These uncertainties and risks include, without limitation, the inherent uncertainty of research, product development and commercialization, the impact of competitive products and patents, our ability to fund our current and future business strategies and respond to the effect of economic and business conditions generally as well as other risks and uncertainties detailed from time to time in Micromem’s filings with the Securities & Exchange Commission. There can be no guarantee that Micromem will be able to enter into any commercial arrangements on terms that are favorable to it, or at all. For more information, please refer to Micromem's Annual Report on Form 20-F and its Form 6-Ks as filed with the U.S. Securities and Exchange Commission. Micromem is under no obligation (and expressly disclaims any obligation) to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

 

 

 


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