Micromem Technologies Inc. Provides Update on Liquid-Sensing Technology Development

Toronto, Ontario and New York, New York--(Newsfile Corp. - March 30, 2026) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") is pleased to provide an update on the liquid-phase sensor development within the "Development of a Nanowire Field Effect Transistor Biochemical Sensor Project" (the "Project") under its Research Collaboration Agreement (the "Agreement") with the University of Toronto (UofT) and the Department of National Defence (DND). On March 9, Micromem participated in a program review led by Defence Research and Development Canada (DRDC) and UofT, highlighting continued progress across the Project's two parallel platforms: gas-phase and liquid-phase sensing.