Calian Technology Ltd.-Intention to make a normal course issuer bid through the facilities of the Toronto Stock Exchange.

TECHNOLOGY INC. (TSE:CTY) Calian Technology Ltd. ("Calian") (stock symbol CTY) today announced its intention to make a normal course issuer bid through the facilities of The Toronto Stock Exchange. Repurchases will not exceed 446,430 Common Shares, representing 5 percent of the 8,928,610 outstanding Common Shares of Calian. The issuer bid will commence on February 22, 1996 and will not extend beyond February 21, 1997.

The Common Shares may be repurchased on The Toronto Stock Exchange at market prices. Calian believes its common shares constitute an attractive investment for the use of its general funds. All Common Shares purchased by Calian will be cancelled. Calian has not repurchased any Common Shares within the past 12 months. To Calian's knowledge, after reasonable inquiry, none of the directors, officers or other insiders of Calian or any associate of any such persons, or any associate or affiliate of Calian currently intends to sell Common Shares to Calian during the course of the issuer bid.

CALIAN Technology Ltd. Of Kanata, Ontario and its wholly owned subsidiary SED Systems Inc. Design, manufacture and integrate electronic systems with applications in the satellite communication, space and defence markets, and provide related technical outsourcing services.

CONTACT: Calian Technology Ltd.

Peter Rose, [phone]/[phone] (Fax)