Waterloo ON, September 4, 2007 - DALSA Corporation (TSX: DSA) announced today that it has completed an agreement originally announced in May to sell approximately 37 acres of land in Waterloo to Research in Motion (RIM). The proceeds of the transaction are approximately $11.6 million.
DALSA, which owns approximately 19 adjacent acres, is jointly developing lands at the intersection of University Avenue East and Northfield Drive East in Northeast Waterloo with RIM. Both companies are planning to use their respective parcels of land for future expansion.
About DALSA Corporation
DALSA is an international leader in high performance digital imaging and semiconductors with more than 1000 employees world-wide. Established in 1980, the Company designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. DALSA's core competencies are in specialized integrated circuit and electronics technology, software, and highly engineered semiconductor wafer processing. Products and services include image sensor components (CCD and CMOS); electronic digital cameras; vision processors; image processing software; and semiconductor wafer foundry services for use in MEMS, high-voltage semiconductors, image sensors and mixed-signal CMOS chips. DALSA is listed on the Toronto Stock Exchange under the symbol "DSA" and has its corporate offices in Waterloo, Ontario, Canada.
For more information, please contact:
Director, Corporate Communications
Tel: (519) 886-6001 Ext. 2177