This EQUIPMENT TRANSFER AGREEMENT made in two original counterparts effective
the 1st day of March 2003 (the "Effective Date").

BETWEEN:

MICROMEM TECHNOLOGIES INC.
(hereinafter called "Micromem")

- and -

THE GOVERNING COUNCIL OF THE UNIVERSITY OF TORONTO
(hereinafter called the "University")

WHEREAS the University has expertise in the area of magnetic material design
and processing;

AND WHEREAS Micromem is engaged in the development of
magnetic memory technologies and is collaborating with the University on
research and development in connection with certain magnetic memory technology;

AND WHEREAS Micromem has provided direct financial support
under a separate infrastructure agreement to assist the University in assembling
a magnetic memory facility ("MMF") for the research and development and
fabrication of magnetic memory;

AND WHEREAS Micromem is interested in providing further
infrastructure support for the MMF, consisting of an in-kind contribution of
equipment and supplies as more fully described in Appendix "A" attached hereto
(the "Equipment");

In consideration of the mutual covenants contained herein and
other good and valuable consideration (the receipt and sufficiency of which is
acknowledged), Micromem and the University hereby agree as follows:

|1. | Equipment. Micromem will provide
    the Equipment having an estimated value of $200,000.00 U.S. to the
    University for incorporation into the MMF.                                                                                                                                                                                                                         
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|   |                                                                                                                                                                                                                                                                                                                                                                                
|2. | Principal Investigator. The
    University researcher responsible for the arrangements involved in receipt
    and installation of the Equipment shall be Professor Harry E. Ruda, of the
    University's Department of Materials Science and Engineering (the "Principal
    Investigator").                                                                                 
|   |                                                                                                                                                                                                                                                                                                                                                                                
|3. | Transfer of Equipment. On signing
    of this Agreement, Micromem shall deliver, assign and transfer to the
    University, all of the Equipment, free and clear of all claims, liens and
    encumbrances.                                                                                                                                                                    
|   |                                                                                                                                                                                                                                                                                                                                                                                
|4. | Use of Equipment. The University
    will use the Equipment on a non-exclusive basis for conducting magnetic
    memory research and development under existing and future collaboration
    arrangements between the University and Micromem, and additionally for other
    research and educational purposes as it may deem appropriate and necessary
    from time to time.
|   |                                                                                                                                                                                                                                                                                                                                                                                
|5. | Intellectual Property. Neither
    party shall acquire any right or licence to any intellectual property now or
    hereafter owned or developed by the other party by virtue of this Agreement.                                                                                                                                                                               

Page 1 of 12





|6.  | Limitation of Liability. Neither
    party shall be liable for any delays in the performance of its obligations
    under this Agreement resulting from circumstances or causes beyond such
    party's control and in no case shall such party be liable for loss of
    business or profit or other indirect or consequential damage.                                                       
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|7.  | Term and Termination. This
    Agreement will enter into force as of the Effective Date and will terminate
    on the date of receipt of the Equipment by the University as specified in
    Paragraph 3.                                                                                                                                                                                     
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|8.  | Survival. The provisions
    of Paragraphs 4, 5, 6, 8 and 9 shall survive termination or expiration of
    this Agreement.                                                                                                                                                                                                                                                                    
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|9.  | No Use of Names. Neither party will
    use the name of the other party, or of any member of the other party's
    personnel, in any advertising or publicity without the prior written
    approval of the other party's authorized representative. However, both
    parties may make Micromem's support under this Agreement and the terms of
    this Agreement a matter of public record.
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|10. | Notices. Notices under
    this Agreement will be sent to the parties as follows:                                                                                                                                                                                                                                                                                                             
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    | (a)                                                                                                                                                                                                                                                                                                                                                                                           
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    | (b)                                                                                                                                                                                                                                                                                                                                                                                           
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                                                               



Page 2 of 12





|11. | Independent Parties. The parties are
    independent parties and nothing in this Agreement shall constitute either
    party as the employer, principal or partner of or joint venturer with the
    other party. Neither party has any authority to assume or create any
    obligation or liability, either express or implied, on behalf of the other.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|    |                                                                                                                                                                                                                                                                                                                                                          
|12. | No Assignment. Neither party may sell,
    assign, encumber, licence or otherwise transfer any of its rights, duties or
    obligations under this Agreement without the prior written consent of the
    other party, which consent may not be unreasonably withheld.                                                                                   
|    |                                                                                                                                                                                                                                                                                                                                                          
|13. | Successors. This Agreement shall bind and
    enure to the benefit of the parties and their respective heirs, successors
    and permitted assigns.                                                                                                                                                                                                      
|    |                                                                                                                                                                                                                                                                                                                                                          
|14. | Governing Law. This Agreement shall be
    governed by and construed in accordance with the laws of the Province of
    Ontario and the laws of Canada applicable therein.                                                                                                                                                                               
|    |                                                                                                                                                                                                                                                                                                                                                          
|15. | Paragraph Headings. Paragraph headings are
    provided for convenience and shall not be used to construe this Agreement.                                                                                                                                                                                                                                
|    |                                                                                                                                                                                                                                                                                                                                                          
|16. | Entire Agreement. This Agreement,
    including any appendices attached hereto, is the entire agreement between
    the parties on the subject matter hereof. No modification of this Agreement
    will be binding upon the parties unless it is in writing and signed by the
    parties.                                                              

In witness whereof the parties agree to be bound by the terms of this
Agreement.

|MICROMEM TECHNOLOGIES INC. |  | THE GOVERNING COUNCIL OF 
    THE UNIVERSITY OF TORONTO
|-------------------------- |  | -------------------------------------------------------
|                           |  |                                                        
|"signed"                   |  | "signed"                                               
|Name: Joseph Fuda          |  | Name: Peter B. Munsche                                 
|                           |  | Title: President and Chief
    Executive Officer       

Acknowledgement:

I, the Principal Investigator, having read this Agreement,
hereby agree to act in accordance with all the terms and conditions herein and
applicable University policies, and further agree to ensure that all University
participants are informed of their obligations under such terms and conditions.

"signed"                                                
Harry E. Ruda
Principal Investigator

Page 3 of 12





APPENDIX "A"





EQUIPMENT AND SUPPLIES TO BE GIVEN TO THE UNIVERSITY BY
    
    MICROMEM FOR THE MAGNETIC MEMORY FACILITY



The new Magnetic Memory Facility (MMF) will constitute a
state of the art facility with processing capabilities which will enable a
variety of magnetic memory structures to be deposited and lithographically
patterned. The following Equipment will be given to the University by Micromem
and form part of the MMF:

|# Items | MANUFACTURER                              | NAME/ TYPE/ MODEL                                                                                                                                                                           | FUNCTION.                                                                                                 | US$                                           | C$                           
|------- | ----------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------- | --------------------------------------------- | -----------------------------
|        |                                           | POWER SUPPLIES                                                                                                                                                                              |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | KEITHLEY                                  | KEITHLEY 228
    Volta e/current source                                                                                                                                                     | Voltage and
    current
    source                                                                        | $5100 S. hand
    $10900 (new)                | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | AGILENT                                   | TRIPLE OUTPUT DC
    E3631A                                                                                                                                                                 | 3 x DC outputs                                                                                            | Included in the
    cost of Scopes
    below. | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | BK PRECISION                              | TRIPLE OUTPUT DC
    1760                                                                                                                                                                   | 3 x DC outputs                                                                                            | $400 new)                                     | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | FUCTION GENERATOR                                                                                                                                                                           |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | STANFORD RESEARCH                         | FUNCTION
    GENERATOR
    SRS DS345                                                                                                                                                        | 30 MHz                                                                                                    | 1,652.75                                      | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | MULTIMETER                                                                                                                                                                                  |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | FLUKE CORPORATION                         | FLUKE 83 III                                                                                                                                                                                | Hand held low
    precision meters                                                                        | 772.78                                        | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | OSCILLOSCOPES/
    ANALYSERS/ PROBES                                                                                                                                                        |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | HEWLETT PACKARD                           | INFINIUM OSCIL.
    1.5GHz 8
    Gs/s                                                                                                                                                       | Oscilloscope                                                                                              | 55,273.51                                     | -                            
|-2      | AGILENT                                   | Miniature passiverobe 1162A                                                                                                                                                                 | Peripheralsfor scope                                                                                      | Part of above                                 | -                            
|-8      | AGILENT                                   | Miniature passiverobe 1161A                                                                                                                                                                 | Peripheralsfor scope                                                                                      | -do                                           | -                            
|-1      | AGILENT                                   | Software                                                                                                                                                                                    | Peripherals for
    scope                                                                                 | -do                                           | -                            
|-2      | AGILENT                                   | Voice control kit                                                                                                                                                                           | Peripheralsfor scope                                                                                      | -do                                           | -                            
|-1      | AGILENT                                   | Active
    differential probe 1154A
    500 MHz                                                                                                                                             | Peripherals for
    scope                                                                                 | -do                                           | -                            
|-1      | AGILENT                                   | Active
    differential probe 1159 A
    1 GHz                                                                                                                                              | Peripherals for
    scope                                                                                 | -do                                           | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | TEKTRONIX                                 | OSCIL. TDS220
    100 MHz                                                                                                                                                                   | Oscilloscope                                                                                              | $1500
    (new)                               | -                            
|-1      | TEKTRONIX                                 | 1
    Gs/s 2 channels                                                                                                                                                                       | Peripherals for
    scope                                                                                 | -do                                           | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|-2      | TEKTRONIX                                 | Voltage Probe (cat II), P6112                                                                                                                                                               | Peripherals for                                                                                           | -do                                           | -                            
|-       | -                                         | -                                                                                                                                                                                           | scope, 300V,                                                                                              | -                                             | -                            
|-       | -                                         | -                                                                                                                                                                                           | 100MHz, voltage                                                                                           | -                                             | -                            
|-       | -                                         | -                                                                                                                                                                                           | probe for                                                                                                 | -                                             | -                            
|-       | -                                         | -                                                                                                                                                                                           | Oscilloscope                                                                                              | -                                             | -                            
|-1      | TEKTRONIX                                 | Probe 01-147, P6006                                                                                                                                                                         | Peripherals for scope                                                                                     | -do                                           | -                            
|1       | DELCO WIRE & CABLE/POMONA ELECTRONICS     | Wire RG 58C/U with BNC and a E-Z-Hook                                                                                                                                                       | Co-axial wire with BNC Connectors for Oscilloscope                                                        | -do                                           | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | HEWLETT PACKARD                           | RF Impedance/Materials                                                                                                                                                                      | Impedance analyzer                                                                                        | 29,900                                        | -                            
|-1      | -                                         | Test fixture, Test station, Calibration kit                                                                                                                                                 | Peripheral for analyzer                                                                                   | Part of above                                 | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | MISCELLANEOUS FOR PCB                                                                                                                                                                       |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | GLOBAL SPECIALTIES                        | PROTO_BOARD PB-503                                                                                                                                                                          | Circuits on board tester                                                                                  | $300(new)                                     | -                            
|1       | GLOBAL SPECIALTIES                        | AC ADAPTER 400 CAI                                                                                                                                                                          | Convert AC in DC signal                                                                                   | -                                             | -                            
|1       | ZIP                                       | AC ADAPTER SG-511                                                                                                                                                                           | -                                                                                                         | -                                             | -                            
|2       | JAMECO                                    | Breadboard JE27                                                                                                                                                                             | PCB for test circuits with connectors for ICs components                                                  | ?-                                            | -                            
|-       | -                                         | Electronics components chips                                                                                                                                                                | -                                                                                                         | -                                             | -                            
|-       | -                                         | Lot of test samples comprising silicon chip mounted and on
    14-Size Braze package                                                                                                        | -                                                                                                         | -                                             | -                            
|-       | May be provided by TECHNOLOGY CORPORATION | 5 - LD CPGA package 14-14 Size braze                                                                                                                                                        | Package for mounting and wiring chips at wafer level                                                      | -                                             | -                            
|1       | EVEREADY                                  | Class II Battery Charger, BT                                                                                                                                                                | -                                                                                                         | $40 estimation                                | -                            
|1       | WELLER                                    | SOLDERING STATION WES50                                                                                                                                                                     | Soldering iron                                                                                            | $98/156(new)                                  | -                            
|-1      | SOLDAPULLT                                | Sold pullt, U;S 140                                                                                                                                                                         | Desoldering tool                                                                                          | -                                             | -                            
|1       | ?                                         | Box with drawers containing sine electronic components                                                                                                                                      | Storage for discrete components                                                                           | -                                             | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | MISCELLANEOUS                                                                                                                                                                               |                                                                                                           |                                               |                              
|        |                                           | - Electrical connectors (wires)
    - Wires                                                                                                                                                 |                                                                                                           |                                               |                              
|2       | JONARD INDUSTRIES CORP.                   | Precision dynamometers GD-10                                                                                                                                                                | Hand held force gauges                                                                                    | $310 (new)                                    | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | VACUUM PUMPS                                                                                                                                                                                |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | GAST MANUFACTURING                        | OIL-LESS VACUUM PUM 0523-V 191 Q-G588DX                                                                                                                                                     | Single stage low vacuum pump                                                                              | $200 estimation/internet                      | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | GAST MANUFACTURING                        | DOL-101-AA                                                                                                                                                                                  | Vacuum pump used with a sinner                                                                            | $150 estimation                               | -                            
|1       | XXXX                                      | Vacuum wand                                                                                                                                                                                 | To manipulate small samples                                                                               | $40 estimation                                | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | PROCESSING TOOLS/packaging                                                                                                                                                                  |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | CHEMAT TECHNOLOGY                         | SPIN COATER KW-4A                                                                                                                                                                           | Resist spinner (used with a vacuum pump DOL-101-AA)                                                       | 4,126.75                                      | -                            
|1       | BARNSTEAD/ THERMOLYNE                     | DIGITAL HOT PLATE 721A                                                                                                                                                                      | Hot plate, Waver baking                                                                                   | $861 for a new one                            | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | KULICKE & SOFFA INDUSTRIES INC.           | Manual wire wedge bonder 4526                                                                                                                                                               | -                                                                                                         | 25,130                                        | -                            
|-1      | LEICA                                     | LEICA MICROSCOPE MZ6                                                                                                                                                                        | Used with the wire bonder                                                                                 | Part of above                                 | -                            
|-16     | AMERICA FINE WIRE                         | Wire (300'):  alloy ALW-29S/Melt V29S-002                                                                                                                                                   | Fine wire used for devices interconnections                                                               | -do                                           | -                            
|-10     | AMERICA FIND WIRE                         | Wire (500'):  alloy ALW-29S/Melt V29S-002                                                                                                                                                   | Fine wire used for devices interconnections                                                               | -do                                           | -                            
|-3      | EPOXY TECHNOLOGY                          | EP-TEK H20E A/B                                                                                                                                                                             | Syringe with glue                                                                                         | -do                                           | -                            
|-5      | EPOXY TECHNOLOGY INC.                     | Needle VC 316N-SET4T                                                                                                                                                                        | For the syringes.  For glue application.                                                                  | -do                                           | -                            
|35      | MICRO SWISS                               | Bonding, dicing tools 4 WNVO-202 5-W C-MOO                                                                                                                                                  | Small sharp tips                                                                                          | -                                             | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|11      | SI-TECH, INC.                             | Boxes of 25 silicon wafers: (100) FZ, polished, (*) 125mm,
    375 um thick, type P boron doped, 100                                                                                        | Silicon bare wafers still 
    in their boxes                                                             | 7,425                                         | -                            
|1       | WALKER SILTRONIC AG                       | Box of 25 silicon wafers:  CZ, polished, +100mm, 525um
    thick, type P boron doped,                                                                                                       | Silicon bare wafers still
 in their box                                                                   | 675                                           | -                            
|1       | BLUE M/GENERAL SIGNAL                     | BLUE M OVEN CR07-146 B/C                                                                                                                                                                    | For baking samples/wafers at a given temperature                                                          | 1,700                                         | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | LAB-LINE INSTRUMENTS                      | TRANSONIC T820/H Ultrasonic bath                                                                                                                                                            | Ultrasonic cleaner                                                                                        | $1,500 (new)                                  | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|6       | -TECHNI-TOOLS,
    -REGIME                | Old tweezers                                                                                                                                                                                | For handling wafers and samples                                                                           | -                                             | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | THIN FILM DEPOSITION                                                                                                                                                                        |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | INFICON                                   | IC/5 thin film deposition controller/Manual power control                                                                                                                                   | Controller for automatic thickness control during thin film
    deposition                                | 9,058.66                                      | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | KURT J. LESKER                            | DUAL CRYSTAL SENSOR/
    with SHUTTER L175021162                                                                                                                                            | Sensor for interfacing to Inficon                                                                         | $1695 (new)                                   | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | KURT J. LESKER                            | SHUTTER CONTROL VALVE ASSEMBLY                                                                                                                                                              | Shutter to interface with Inficon                                                                         | $245 (new)                                    | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|6       | KURT J. LESKER                            | MULTI-GAUGE L8350-302                                                                                                                                                                       | Low vacuum/Ion gauge controller                                                                           | $850 (new)                                    | -                            
|4       | KURT J. LESKER                            | Quartz Crucibles EVC5Q                                                                                                                                                                      | For Thermal evaporation                                                                                   | 20.75 x 6 = $124.50                           | -                            
|8       | KURT J. LESKER                            | Alumina Crucibles EVCIAO                                                                                                                                                                    | For Thermal evaporation                                                                                   | $12.45 x  8 = $99.6                           | -                            
|4       | KURT J. LESKER                            | Aluminum oxide Crucibles EVC5AO                                                                                                                                                             | For Thermal evaporation                                                                                   | 17.8 x 4 = $71.2                              | -                            
|8       | KURT J. LESKER                            | Tungsten basket heater EVB 103040W                                                                                                                                                          | For Thermal evaporation                                                                                   | $2.75 x 8 = $22                               | -                            
|5       | KURT J. LESKER                            | Tungsten basket heater EVB8A3025W                                                                                                                                                           | For Thermal evaporation                                                                                   | $18.5 x 5 = $90                               | -                            
|10      | KURT J. LESKER                            | Molybdenum boat source EVS46005MO                                                                                                                                                           | For Thermal evaporation                                                                                   | $35                                           | -                            
|3       | KURT J. LESKER                            | Tungsten boat alumina coated EVS8CAOW                                                                                                                                                       | For Thermal evaporation                                                                                   | $14 x 3 = $42                                 | -                            
|5       | KURT J. LESKER                            | Tungsten boat source EVS46005W                                                                                                                                                              | For Thermal evaporation                                                                                   | $300 estimation                               | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | PELLETS/FOILS/TARGETS                                                                                                                                                                       |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | KURT J. LESKER                            | (1 LB) Bottle of IRON pellets 99.95% pure, EVMFE35EXE                                                                                                                                       | For Thermal evaporation                                                                                   | 465 per pound                                 | -                            
|1       | KURT J. LESKER                            | 50 grams Bottle of MAGANESE PIECES pure, EVM035QXQ                                                                                                                                          | For Thermal evaporation                                                                                   | Call for info
 1 800 245 1656                 | -                            
|1       | KURT J. LESKER                            | (1 LB) Bottle of COBALT pellets 99.95% pure, EVMC035QXQ                                                                                                                                     | For Thermal evaporation                                                                                   | 485 per pound                                 | -                            
|1       | KURT J. LESKER                            | (1 LB) Bottle of ZICONIUM pellets 99.9% pure, EVMZR30EXE                                                                                                                                    | For Thermal evaporation                                                                                   | 510 per pound                                 | -                            
|1       | KURT J. LESKER                            | 50 grams Bottle of GOLD pellets 99.99% pure, EVMAUXX40G                                                                                                                                     | For Thermal evaporation                                                                                   | Call for info 
    1 800 245 1656             | -                            
|1       | ALDRICH CHEMICAL COMPANY, INC.            | Gold, shot, 1-6mm, 99.999%, 500mg, 32,654-2                                                                                                                                                 | For Thermal evaporation                                                                                   | Call for info                                 | -                            
|1       | KURT J. LESKER                            | (1 LB) Bottle of COPPER pellets 99.999% pure, EVMCU50EXE                                                                                                                                    | For Thermal evaporation                                                                                   | 595 per pound                                 | -                            
|1       | KURT J. LESKER                            | (1 LB) Bottle of TITANIUM pellets 99.995% pure, EVMT145EXE                                                                                                                                  | For Thermal evaporation                                                                                   | 885 per pound                                 | -                            
|1       | KURT J. LESKER                            | (1 LB) Bottle of NICKEL pellets 99.995% pure, EVMN145EXE                                                                                                                                    | For Thermal evaporation                                                                                   | 535 per pound                                 | -                            
|1       | KURT J. LESKER                            | 200 grams Bottle of CHROMIUM pieces 99.998% pure, EVMCR48-H                                                                                                                                 | For Thermal evaporation                                                                                   | 240                                           | -                            
|1       | KURT J. LESKER                            | 50 grams Bottle of pellets 99.99% pure, EVMPT40SHOT                                                                                                                                         | For Thermal evaporation                                                                                   | $110/piece
    how many pieces? estimation    | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|3       | ALDRICH CHEMICAL COMPANY, INC.            | IRON foils, 1 mm thick, 99.99+%,20g 26,688-4                                                                                                                                                | For Thermal evaporation                                                                                   | -                                             | $533                         
|2       | ALDRICH CHEMICAL COMPANY, INC.            | NICKEL foils, 1 mm thick, 5x5cm 99.99+%, 22.4g
    5                                                                                                                                        | For Thermal evaporation                                                                                   | -                                             | $610 x 2 = $1,220            
|1       | ALDRICH CHEMICAL COMPANY, INC.            | NICKEL foil, 1 mm thick, 5x5cm, 99.995%, 22.4 g
    5                                                                                                                                       | For Thermal evaporation                                                                                   | -                                             | $610                         
|1       | GOODFELLOW CAMBRIDGE LIMITED              | COBALT foil, 0.25 mm thick, 10x10 cm, 99.9%, 23.1g LS225104S
    JP                                                                                                                         | For Thermal evaporation                                                                                   | $1004                                         | -                            
|1       | GOODFELLOW CAMBRIDGE LIMITED              | NICKEL foil, 2mm thick, 15x15cm, 99.0%, 411g LS225374 L C                                                                                                                                   | For Thermal evaporation                                                                                   | $222                                          | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | ANGSTRON SCIENCES                         | ANTIMONY Sputtering 99.999%, 1.854" dia, 0.125" thick/verbal
    PO/ 00-11599                                                                                                               | For Sputtering                                                                                            | $370                                          | -                            
|2       | ANGSTRON SCIENCES                         | INDIUM Sputtering Target 99.99%, 1.854" dia, 0.125"
    thick/verbal PO/ 00-11599                                                                                                           | For Sputtering                                                                                            | $200 estimation                               | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | OMEGA ENGINEERING, INC.                   | A bit of RHODIUM wire dia, SP13RH                                                                                                                                                           | For thermocouples or for use in electrochemistry                                                          | Small Quantity, worthless                     | -                            
|1       | OMEGA ENGINEERING, INC.                   | A bit of pure PLATINUM 0.005" dia.                                                                                                                                                          | For thermocouples or for use in electrochemistry                                                          | Small Quantity worthless                      | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | FERROFLUID                                                                                                                                                                                  |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|2       | FERROTEC                                  | Small bottle of ferofluid (25 Ferrosound EMG 707)                                                                                                                                           | Magnetic liquid for test purpose, or used as a magnetic
    medium in sealing, vacuum rotary feedthroughs | $50 estimation                                | -                            
|1       | CAROLINA SUPPLY COMPANY                   | Small bottle, Ferrofluid 50Ml
 75-8210                                                                                                                                                      | Magnetic liquid for test purpose, or used as a magnetic
    medium in sealing, vacuum rotary feedthroughs | $50 estimation                                | -                            
|        |                                           | SOFTWARE                                                                                                                                                                                    |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | TANNER                                    | L-EDIT PRO/with manual                                                                                                                                                                      | MEMS design program                                                                                       | 4,145                                         | -                            
|1       | NATIONAL INSTRUMENTS                      | LABVIEW                                                                                                                                                                                     | Control software for driving electronic test equipment                                                    | 5,456.33
    849.36                           | -                            
|-1      | -                                         | GPIB 1284C Controller                                                                                                                                                                       | Converter interface to GPIB 488.2                                                                         | Part of above                                 | -                            
|-2      | -                                         | 4 meter IEEE-488 cable                                                                                                                                                                      | Cables                                                                                                    | -do                                           | -                            
|-5      | -                                         | 2 meter IEEE-488 cable                                                                                                                                                                      | Cables                                                                                                    | -do                                           | -                            
|-1      | -                                         | PC cable (centronics)                                                                                                                                                                       | Cables                                                                                                    | -do                                           | -                            
|-1      | -                                         | SCB-68 with 1 meter cable                                                                                                                                                                   | Make easier the connection between the test system and the
    Data Acquisition board of LABVIEW on PC    | -do                                           | -                            
|-       | -                                         | WINDOWS 2000 Pro                                                                                                                                                                            | Software                                                                                                  | -                                             | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | INTERSERV CORP.                           | ELECTROMASK                                                                                                                                                                                 | OPTICAL PATTERN GENERATOR SOFTWARE FOR DRIVING THE
    ELECTROMASK II PATATERN GENERATOR                  | 22,000                                        | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | OPTICAL MICROSCOPE                                                                                                                                                                          |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | NIKON                                     | Microscope NIKON ti hot                                                                                                                                                                     | -                                                                                                         | 4,000                                         | -                            
|        |                                           |                                                                                                                                                                                             | -                                                                                                         | Price on caconline.com                        | -                            
|-1      | VOLPI MANUFACTURING USA CO., INC.         | Illuminator for Nikon Microso e: INTALUX 4000-1                                                                                                                                             | -                                                                                                         | Part of above                                 | -                            
|-1      |                                           | Fiber optic cable for connection Nikon to illuminator                                                                                                                                       | -                                                                                                         | -do                                           | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | ELECTROCHEMISTRY TOOLS                                                                                                                                                                      |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | CORNING                                   | Check-Mite PH-25, Cat no. 475663                                                                                                                                                            | Portable microprocessor based PH meter with LCD readout                                                   | $58                                           | -                            
|1       | CORNING                                   | Electrode G-P COMBO with RJ 
    Cat. No 476086 with calibration solution                                                                                                                   | PH electrode for measuring PH in solutions                                                                | $140                                          | -                            
|1       | ACCUMET                                   | ELECTRODE 12-620-57                                                                                                                                                                         | PH electrode for measuring PH in solutions                                                                | -                                             | $182 fisher                  
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | HANNA INSTRUMENTS                         | PICCOLO Plus PH/°C
    With an HI 1295 amplified electrode/no buffer solution                                                                                                               | Measure solution PH and Temperature                                                                       | $138                                          | 272 fisher                   
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | CHEMICAL GLASSWARE AND SUPPLIES                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|3       | CORNING                                   | Boxes of 12, 250 mil, graduated pyrex
    beakers                                                                                                                                           | -                                                                                                         | -                                             | $36.75/12 beakers
    $110.25
|1       | CORNING                                   | Open box with 10, 250ml graduated
    ex beakers                                                                                                                                            | -                                                                                                         | -                                             | $30.6                        
|2       | CORNING                                   | Boxes of 6, 600ml, graduated pyrex
    beakers                                                                                                                                              | -                                                                                                         | -                                             | 2 x $6 = $12                 
|6       | CORNING                                   | 4000 ml, graduated pyrex beakers                                                                                                                                                            | -                                                                                                         | -                                             | $18.78                       
|11      | CORNING                                   | Set (bottom-cover) pyrex dish of 150 x
    20 mm                                                                                                                                            | -                                                                                                         | -                                             | $11.8/set
    $130.68        
|12      | I-CHEM BRAND                              | 12 amber jar 60 ml with cover                                                                                                                                                               | -                                                                                                         | -                                             | $38.40                       
|6       | I-CHEM BRAND PRODUCTS                     | 6 amber jar (60ml) without cover                                                                                                                                                            | -                                                                                                         | -                                             | $19.21                       
|100     | OXFORD LABWARE                            | Disposable polypropylene Funnels with
    6.5cm                                                                                                                                             | -                                                                                                         | -                                             | $42.58                       
|1       | PARTNER MEDICAL PRODUCTS INC.             | One pack of 500 disposable transfer
    pipettes 1 ml, General purpos                                                                                                                       | -                                                                                                         | -                                             | $58.73                       
|1       | PARTNER MEDICAL PRODUCTS INC.             | One open Pack of 500 disposable
    TRANSFER PIPETTES 1 ml, graduated, general purpose                                                                                                      | -                                                                                                         | -                                             | $58.73                       
|6       | BIBBY STERLIN LTD STONE                   | Bottles with MTH 2000rnl with cover,
    Cat 164-0064                                                                                                                                       | Containers for chemical solution for instance                                                             | -                                             | $120 estimation              
|6       | BIBBY STERLIN LTD STONE                   | Bottles with MTH 2000rnl with cover,
    Cat 164-0064                                                                                                                                       | Containers for chemical solutions for instance                                                            | -                                             | $120 estimation              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|18      | ENTEGRIS, INC.                            | Cover for 125 mm single wafer                                                                                                                                                               | Single wafer storage (new)                                                                                | $54 estimation                                | -                            
|28      | ENTEGRIS, INC.                            | Trays for 3" single wafer                                                                                                                                                                   | Single wafer storage (new)                                                                                | $140 estimation                               | -                            
|8       | ENTEGRS, INC.                             | Cover for 100 mm single                                                                                                                                                                     | new                                                                                                       | $24 estimation                                | -                            
|        |                                           | - a set of used wafer trays                                                                                                                                                                 |                                                                                                           |                                               |                              
|1       | JUSTRITES MFG. CO.                        | Storage Cabinet for acids and
    Corrosives 24160 1001                                                                                                                                     | Storage Cabinet for
    acids and corrosives                                                              | 829.45                                        | -                            
|4       | FISHERBRAND                               | Microscope 25 slide box                                                                                                                                                                     | -                                                                                                         | -                                             | $20 estimation               
|6       | FISHERBRAND                               | Box of plain microscope 3x1x1mm                                                                                                                                                             | -                                                                                                         | -                                             | $360 estimation              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | INTERNAL SAMPLES, MASKS etc.                                                                                                                                                                |                                                                                                           |                                               |                              
|1       | BOX 1                                     | - 6 Cubic Blacks boxes containing sets
    of aligner MASKS (glass-Chromium)
    - a set of 8 black flat single container
    - 3 Transparent Cylindrical Boxes containing processed wafers | -                                                                                                         | -                                             | -                            
|1       | BOX 2                                     | - a set of Cubic Blacks boxes
    containing sets of aligner MASKS (Glass-Chromium)
    - a set of black flat single container containing aligner mask                                      | -                                                                                                         | -                                             | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | BOOKS                                                                                                                                                                                       |                                                                                                           |                                               |                              
|1       | WILL RENWICK                              | DIGITAL STORAGE SYSTEMS                                                                                                                                                                     | 1964, the Anchor Press Ltd., Tiptree, Essex. John Wiley &
    Sons, Inc.                                  | -                                             | -                            
|1       | FREDERICK A. LOWENHEIM                    | Modern Electroplating                                                                                                                                                                       | Third edition, Wiley Interscience, 1974 John Wiley & Sons,
    Inc.                                       | -                                             | -                            
|1       | -                                         | Documents box:
    - Clean Room notebooks,
    - Papers about magnets and memories
    - Documents related to Pageant Technologies                                                          | -                                                                                                         | -                                             | -                            
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | PC ACCESSORIES                                                                                                                                                                              |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|1       | -                                         | Dismounted co uter                                                                                                                                                                          | -                                                                                                         | -                                             | -                            
|1       | SEGATE                                    | hard Drive ST32122A                                                                                                                                                                         | -                                                                                                         | -                                             | -                            
|1       | WESTERN DIGITAL                           | Caviar 2700, WDA2700-OOF                                                                                                                                                                    | -                                                                                                         | -                                             | -                            
|1       | COMPAQ                                    | Modem, CT: P194BOIEZID087                                                                                                                                                                   | -                                                                                                         | -                                             | -                            
|1       | SYMBIOS Logic                             | SCSI SE SYM20403                                                                                                                                                                            | -                                                                                                         | -                                             | -                            
|1       | 3COM                                      | Fast Etherling, 10/100 base-TX                                                                                                                                                              | Ethernet adapter                                                                                          | -                                             | -                            
|        |                                           | - Some memories                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | - Some floppy disks
    - Mouse
    - Some cables                                                                                                                                           |                                                                                                           |                                               |                              
|        |                                           |                                                                                                                                                                                             |                                                                                                           |                                               |                              
|        |                                           | 2 MRAM PLATIC MODELS                                                                                                                                                                        |                                                                                                           |                                               |