Spectra7 Microsystems Inc. (TSXV: SEV) (OTCQB: SPVNF) ("Spectra7" or the "Corporation"), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, is pleased to announce that it intends to issue an aggregate of 185,682 common shares in the capital of the Corporation (the "Common Shares") at a deemed issuance price of $0.405 per Common Share to settle in full $75,207 in interest owing (the "Interest Payment") to the holders of its outstanding 9.0% un