Micralyne Inc. Announces Management Appointments as its Telecommunications Business Surges
Edmonton, Alberta, January 31, 2002 - Micralyne Inc., one of the largest independent MEMS companies in North America, today announced the appointment of Mr. Bruce Alton as Vice President of Marketing & Business Development and Mr. Jim Ramsden as Director of Sales for its telecommunications and electronics product offerings.
"This appointment reflects the growing importance of our telecommunications and electronics industry clients", said Mr. Chris Lumb, President and CEO of Micralyne Inc. "Despite the downturn in the telecommunications industry, we have increased our revenues in this area by over 55% and expect this growth to continue."
"Bruce and Jim have played key roles in our success to date", continued Lumb, "and have allowed us to develop key relationships with a series of market leading companies. We are forecasting even more growth in the coming years as companies recognize the value of Micralyne's MEMS product offering, development experience and state-of-the-art manufacturing facilities."
Mr. Alton was previously Director of Business Development and prior to Micralyne held executive positions in both technology and venture capital companies in Alberta. Mr. Ramsden was previously Account Manager for Micralyne and prior to this held key sales positions in other advanced material and technology companies in Alberta.
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
