OTTAWA, Ontario, Sept. 11 /PRNewswire-FirstCall/ - MOSAID Technologies Incorporated (TSX: MSD - News) today issued a response to the dissident proxy circular filed by Loeb Partners Corporation. Shareholders will receive by mail an information package which includes a shareholder letter and voting instructions to vote a blue proxy in favour of the MOSAID slate of directors. MOSAID urges shareholders to support the Company's current board and management, as well as the Company's plan to review all strategic alternatives, and to reject Loeb's one-dimensional prescription to quickly sell the Company. At the upcoming Annual and Special Meeting scheduled for September 22, 2006, you will be asked to make an important choice - one that will have a direct impact on your investment in MOSAID.