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15 Jul 2014 10:06
Microsaic Systems plc
("Microsaic" or the "Company")
Directorate Change
15 July 2014
Microsaic Systems plc (AIM: MSYS), the developer of miniaturised chip-based scientific instruments, announces that Peter Edwards, Technical Director, is stepping down from the Board with immediate effect and will leave the Company on 6 October 2014.
Colin Jump, Chief Executive of Microsaic Systems plc, commented:
"On behalf of the whole Board, I would like to take this opportunity to thank Peter for his technical leadership and commitment in developing our innovative products during his time with the Company. We wish him every success in the future."
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
|
Conscience Creative (Trade PR) Reita Smith |
+44 (0)20 3475 4226 |
About Microsaic Systems
Microsaic Systems develops and sells chip-based scientific instruments for the chemical identification of substances. The Company's products are based on the 'gold-standard' scientific technique of mass spectrometry.
Microsaic Systems has developed a miniaturised mass spectrometer based on its patented, chip-based technologies (ionchip(R), spraychip(R) and vac-chip(TM)), that is smaller, lighter, quieter, more energy efficient and cheaper to run than conventional mass spectrometer systems.
Mass spectrometry is 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
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