MEMS Manufacturer Micralyne recognized for success as spin off company from University of Alberta
November 10, 2008
Edmonton, Alberta, November 10, 2008 – Micralyne Inc., a world leading independent MEMS Manufacturer, was recently recognized by TEC Edmonton for their success as a spin off Innovation Company from the University of Alberta.
At an event to celebrate 100 Years of Innovation from the University of Alberta, TEC Edmonton launched their 2nd edition of the publication titled “Patent Portraits”. The 2nd edition showcases invention and commercialization in the Edmonton Region — focusing on University of Alberta researchers with patents since 1996. The MEMS Foundry Micralyne is one of the companies profiled in the publication.
“Our objectives were to highlight the ingenuity in the region; thereby, encouraging researchers and entrepreneurs to patent and commercialize, increase deal generation and public awareness, while bringing attention to TEC Edmonton’s role as a business accelerator in the region.”, said Nadia Andersen, Marketing & Communications Manager at TEC Edmonton.
“Micralyne has seen a successful track record with revenue growth of approximately 17% annually”, said Chris Lumb, Micralyne CEO “Our track record is quite impressive compared to other organizations in our industry and other spin offs from the University. By supporting TEC Edmonton, we are supporting other organization that can follow our path to success.”
TEC Edmonton is a not-for-profit agency that helps people transform technological inventions and innovations into business opportunities. It primarily serves the Alberta Capital Region, but two programs are Alberta-wide. TEC Edmonton helps inventors, entrepreneurs, companies and investors access expertise, facilities, management and financing to succeed in technology ventures. www.tecedmonton.com
To receive a copy of the Patent Portraits publication, please contact TEC Edmonton at 780-492-8977 or email email@example.com.
Micralyne is one of the world’s largest independent MEMS (Micro-Electro-Mechanical-Systems) manufacturers. MEMS technology is built on the premise of making industrial components smaller, faster and less expensive. Micralyne’s micron-scale solutions (i.e. 1000 microns = 1 millimetre) are found in automotive sensors for control systems, lab-on-a-chip devices for drug discovery, optical switching technology in telecommunication networks, and precise measurement devices for oil and gas exploration. Micralyne is a fast growing company headquartered in Edmonton, Alberta, Canada.
For further information contact:
Marketing & Communications Associate
1911 – 94 Street
Canada T6N 1E6