Micralyne Appoints Director of Business Development to Expand Push into Telecommunications Market
Edmonton, Alberta, February 12, 2001 - Micralyne Inc., as part of its growth strategy to expand further into the telecommunications industry, announced today the appointment of Mr. Bruce Alton as Director of Business Development, Telecommunications.
Mr. Alton will have the responsibility for leading Micralyne's marketing efforts into the telecommunications industry and will focus on securing new optical networking and other telecommunications product development opportunities.
Mr. Alton has over 12 years of experience in the business development and venture capital industries and was most recently President of Blackbird Ventures Inc., a firm focused on the start-up and financing of technology-based companies. He was also co-founder and President of Blackstone Multimedia Corporation, one of the first Internet/multimedia development companies established in Alberta.
Mr. Alton is also very active in the community and is currently Chair, Taxation & Financing Committee of the Alberta Economic Development Authority; Chair, Technology & Broadcast Divisions for the 2001 8th World Championships in Athletics and is a former member of the Board of Directors of Economic Development Edmonton.
"We are very pleased to have Bruce join Micralyne's team," said Mr. Chris Lumb, President & CEO of Micralyne. "His experience and contacts will help us to effectively expand our business in the optical components marketplace which is one of the fastest growing sectors of the telecommunications industry."
"While Micralyne already has a base of clients in the telecommunications space," continued Lumb, "we plan to grow this part of our company given our established and world-class expertise in developing and manufacturing microsystems."
About Micralyne
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
Micralyne Inc.
1911 - 94 Street
Edmonton, Alberta
Canada T6N 1E6
Phone: 780-431-4400
clumb@micralyne.com
