Québec City (canadaTECH.INFO) – August 20, 2008 - Lyrtech inc. (TSX-V: LYT) announced that it will seek regulatory approval for a share consolidation at a rate of one (1) new common share for each tranche of ten (10) issued and outstanding common shares.

The proposed consolidation was approved by the shareholders of the company at the annual and special general meeting held on July 23, 2008.

Following the consolidation the issued and outstanding shares would be approximately 24,673,792. No fractional shares will be issued. Any fractions of a share will be rounded down to the nearest whole number of common shares.

Québec City based Lyrtech, a member of the Texas Instruments Design House Network, develops and manufactures advanced digital signal processing solutions for companies worldwide, a vital technology to network and wireless communications, audio and video processing, as well as electronic systems in all fields of technology. Lyrtech offers a full range of DSP-FPGA development platforms, as well as design, prototyping, and manufacturing of electronic products through its manufacturing division.