Agreement with Rightek Co., Ltd.

RNS Number : 4127N

Microsaic Systems plc

09 May 2018

 

9 May 2018

Microsaic Systems plc

("Microsaic"or the "Company")

Agreement with Rightek Co., Ltd.

Microsaic Systems plc (AIM: MSYS), the developer of point of need mass spectrometry ("MS") instruments, is pleased to announce that it has signed an agreement with Rightek Co., Ltd. ("Rightek") (the "Agreement").

The Agreement covers the distribution of Microsaic's 4500 MiD® mass spectrometry detector via Rightek's distribution network in Taiwan.

Glenn Tracey, CEO of Microsaic, commented, "This agreement with Rightek further consolidates our strategy to extend the sales of our unique compact, point of need technology into the Asia Pacific area.

Rightek combines expertise in understanding end-user applications, together with a proven track record of working with a wide range of specialised scientific instrumentation.

This agreement is in line with our strategy to partner with locally based and established channel partners, with expertise in selling innovative analytical instrumentation to progressive end-users in process and pharmaceutical markets."

Moses Shih, General Manager of Rightek, added "Rightek is committed to helping our customers achieve success, to solve their problems by finding suitable high-quality technologies to meet ever challenging demands. We believe that Microsaic's compact, point-of-need systems can improve the efficiencies by optimizing the process in chemical and pharma industries."

Enquiries:
Microsaic Systems plc Glenn Tracey, CEO Bevan Metcalf, FD	[phone]
N+1 Singer (Nominated Adviser & Broker) Shaun Dobson Liz Yong	[phone]
IFC Advisory Ltd (Financial PR) Graham Herring Heather Armstrong Florence Chandler	[phone]

About Microsaic Systems

Microsaic Systems plc (AIM: MSYS) is a high technology company developing chip-based, bench-top and point-of-analysis mass spectrometry ("MS") instruments that are designed to improve the efficiency of pharmaceutical R&D and manufacturing. The Company is working with established global life science companies to co-develop new solutions to improve productivity in the development of small molecule and novel biologic (peptides, antibodies) medicines. MS is a powerful method of analysis to enable earlier decision making relating to product identification, purity and bioactivity, and is the analytical technique of choice for biochemists across many industry sectors.

Microsaic's core product, the 4500 MiD®, is a robust and compact MS system, retaining the functionality of larger conventional MS systems, is easier to use by non-specialists, consumes less energy and has lower running costs. For more information, please go to www.microsaic.com.  

About Rightek Co., Ltd

Established in December 2007, Rightek is headquartered in Wujin District, New Taipei City, and also has offices in Taichung and Kaohsiung. Rightek distributes a wide range of scientific equipment through its Analytical, Synthesis and Process Equipment divisions.

 

END

 

 

AGREASSPELEPEFF