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Microsaic Systems plc. (9/25/14). "Press Release: Microsaic Systems Signs Commercial Agreement with Leading Global Scientific Company to Create New Analytical Instruments Based on »Triple Quad« Technology".

Organisations Organisation Microsaic Systems plc (AIM: MSYS)
  Organisation 2 NN (NO NAME)
  Group OTHER
Products Product miniaturised mass spectrometer
  Product 2 triple quadrupole mass spectrometer
Index term Index term OTHER–Microsaic: mass spectrometer, 201409–201602 developm + supply OEM chip-based triple quad system for use in applied markets TERMINATED 2/16
Persons Person Jump, Colin (Dawes Scientific 201602– CEO at ETP before Microsaic CEO + Managing Director Shimadzu UK + SGE Europe)
  Person 2 Swallow, Mark (Huntsworth 201101 Citigate Dewe Rogerson London)
     


Microsaic Systems plc (AIM: MSYS), the high technology company developing next generation mass spectrometry instruments, is pleased to announce the signing of its first OEM agreement for the development of a chip-based mass spectrometer based on its triple quadrupole ('triple quad') technology. The agreement is with a leading global scientific company for use in applied markets.

Colin Jump, Chief Executive of Microsaic Systems, commented:
"We are delighted to begin this major new OEM relationship following successful discussions about the application of our chip-based technologies. In general, our innovative technologies and products have the potential to make chemical analysis using mass spectrometry more accessible to lab scientists. Our triple quad technology extends this opportunity further to encompass the analysis of complex samples, and we look forward to a productive relationship with our new partner going forward."


Contacts

Microsaic Systems
Colin Jump, CEO
Andrew Darby, FD
Via Citigate Dewe Rogerson

Numis Securities Limited
Stuart Skinner (Nominated Adviser)
James Serjeant (Broker)
+44 (0)20 7260 1000

Citigate Dewe Rogerson (Financial PR)
Mark Swallow, Malcolm Robertson, Chris Gardner
+44 (0)20 7282 2948/2867/2995


About Microsaic Systems

Microsaic Systems Microsaic Systems plc is a high technology company developing and marketing next generation mass spectrometry (MS) instruments for the analysis of gaseous, liquid and solid samples. Microsaic has successfully miniaturised mass spectrometry by integrating the key MS components onto patented chip technologies called ionchip®, spraychip® and vac-chip™. Microsaic's MS products retain the speed and sensitivity of larger, conventional MS systems but are substantially smaller, lighter, consume less energy and have lower running costs. The Microsaic 4000 MiD is the world's smallest MS system.

Mass spectrometry is a 'gold-standard' analytical technique used across many industry sectors, including government, energy, utilities, pharmaceutical, diagnostics and healthcare, environmental, food and drink, security and defence, and industrial chemicals - a combined market of $3 billion in 2012.

Microsaic Systems was established in 2001 by a team including founders from Imperial College London, and was admitted to AIM in April 2011 under the symbol MSYS.

www.microsaic.com

   
Record changed: 2016-03-14

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