Centaurus Capital LP Acquires Shares of Mosaid Technologies Incorporated


TORONTO, ONTARIO--(Marketwire - Nov. 2, 2011) - Centaurus Capital LP ("Centaurus") announces that, since October 31, 2011, through funds it manages, it has acquired control of 273,050 common shares of MOSAID Technologies Incorporated ("Mosaid") representing approximately 2.29% of the issued and outstanding common shares of Mosaid. The total number of common shares of Mosaid controlled by Centaurus, through funds it manages, together with all persons and companies acting jointly or in concert with Centaurus, is now 793,050, representing approximately 6.65% of the issued and outstanding common shares of Mosaid. Centaurus acquired all of its common shares of Mosaid since the announcement on August 18, 2011 by Mosaid that it had learned of Wi-LAN's intention to make an unsolicited take-over bid to acquire all of the outstanding shares of Mosaid. Centaurus has acquired all of its common shares of Mosaid since the formal commencement of the take-over bid on August 23, 2011.

Centaurus acquired the common shares in the open market through the facilities of the Toronto Stock Exchange. Centaurus acquired the common shares for investment purposes only. Centaurus may, depending on market and other conditions, acquire or sell further common shares from time to time for such investment purposes.

Centaurus is a private investment management company with an emphasis on Europe. We manage assets by selectively investing capital on the basis of a rigorous bottom-up fundamental approach. As part of our flexible multi-strategy approach, we make investments in equity and credit securities of companies that are undergoing significant corporate events or are experiencing other major changes.

Contact Information:

Centaurus Capital LP
Paul Leary
Chief Operating Officer
+44 (0) 20 7852 3830
+44 (0) 20 7852 3850 (FAX)

Centaurus Capital LP
33 Cavendish Square,
London, United Kingdom
+44 (0) 20 7852 3830
+44 (0) 20 7852 3850 (FAX)