MEMSIC prices IPO

December 4, 2007 — MEMSIC Inc. has filed a statement with the U.S. Securities and Exchange Commission setting its planned initial public offering at 6 million shares, with an estimated price range of $11 to $13 a share.

The company plans to list on the Nasdaq under the symbol MEMS.

Citigroup has been named lead manager in the offering.

MEMSIC, based in Andover, Mass., develops MEMS technology for sensors and accelerometers.

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