Micralyne Wins Canadian Innovation Award for Innovative Business of the Year
November 03, 2005
– Micralyne Also Wins 2005 Canadian Innovation Award for New Technology –
Toronto, Ontario, November 3, 2005 – Micralyne Inc., an Edmonton, Alberta based company that is paving the way for MEMS (Micro-Electro-Mechanical-Systems) development and manufacturing worldwide, has won the 2005 Canadian Innovation Award for Innovative Business of the Year and the 2005 Canadian Innovation Award for New Technology based on Micralyne’s gold-tin solder electroplating process.
The Canadian Innovation Awards were presented on November 1 at the Canadian Manufacturers & Exporters (CME) Annual Conference Gala Dinner in Toronto. Chris Lumb, Micralyne’s President & CEO, and Dr. Siamak Akhlaghi, Project Manager for the gold-tin technology, were both present to accept the awards. In addition to winning the New Technology award, which recognizes excellence in the development of new products and technologies, Micralyne was presented with the prestigious award for Innovative Business of the Year. This award honours a Canadian company that has implemented new processes, developed new products, and who has taken a new “out of the box” approach to the market during the last five years in order to better compete in the global marketplace.
“We are extremely excited about winning these awards. To be recognized on a national level for our accomplishments in developing new technologies and then furthermore to win the Innovative Business of the Year award shows that our staff has the ability and talent to produce world-class innovative solutions for our customers,” said Chris Lumb, “We were competing against some very successful companies and to be recognized in front of our peers is a true honour.”
Micralyne’s core business is the development and manufacturing of miniature MEMS components, which is technology that produces electronic and mechanical components that are smaller, faster and less expensive. Micralyne is one of a handful of independent companies in the world that manufactures MEMS in high volumes. These types of devices are used in many industries including communications, automotive, aerospace, and life sciences. More specifically, Micralyne’s micron-scale solutions (i.e. 1000 microns = 1 millimetre) are found in emission sensors for Ford automobiles, electronic guidance systems for jets, optical switching technology in telecommunication networks, lab-on-a-chip devices for drug discovery, and commercial prepress equipment for printing today’s most popular magazines.
The award winning gold-tin solder technology has significant potential in the MEMS and microelectronics field due to a variety of recent trends encouraging companies to evaluate this solder technology as its preferred bonding medium for micro components. Two specific market trends that are benefiting gold-tin solder technology are the increasing need for smaller microelectronic device packaging and the worldwide movement to remove lead from all solder in electronic products. Micralyne’s cost-effective and innovative gold-tin solder electroplating process was initially developed by Dr. Doug Ivey’s research team at the University of Alberta and then licensed to Micralyne for commercialization.
Micralyne is forecasting a record year for both revenue and profit and is currently experiencing a rapid pace of hiring with the addition of over 30 people in only a few months. The growth is expected to continue as Micralyne’s manufacturing group seeks additional operators and technicians to fulfill current customer demand. The increase in customer orders has resulted in adding two additional shifts of operation to the company’s Edmonton microfabrication facility.
“We are expecting continued growth for the foreseeable future and want to play a key role in establishing Edmonton and Canada as an international leader in micro and nano technology.” concluded Lumb.
To view the Micralyne video played at the gala awards please click here.
Micralyne develops and manufactures microfabricated and MEMS (Micro-Electro-Mechanical-Systems)-based products. Micralyne is one of the largest independent companies in the world that manufactures MEMS in high volumes. MEMS technology is built on the premise of making industrial components smaller, faster and less expensive and facilitates radical improvements in the miniaturization of electronic and mechanical devices. These types of devices are used in many industries including communications, automotive, aerospace, and life sciences. More specifically, Micralyne’s micron-scale solutions (i.e. 1000 microns = 1 millimetre) are found in automotive emission sensors, optical switching technology in telecommunication networks, lab-on-a-chip devices for drug discovery, and commercial press equipment for printing today’s most popular magazines. Micralyne is a profitable and growing company headquartered in Edmonton, Alberta, Canada.
For further information contact:
Mr. Chris Lumb
President & CEO
1911 – 94 Street
Canada T6N 1E6