Results of Annual General Meeting

RNS Number : 7783E

Microsaic Systems plc

15 May 2013

 



15 May 2013

Microsaic Systems plc

("Microsaic" or the "Company")

Results of Annual General Meeting

Microsaic Systems plc (AIM: MSYS), the developer of chip-based scientific instruments, announces that its Annual General Meeting ("AGM") was held at 11.00 a.m. (UK time) this morning and that all resolutions were duly passed.

As announced on 3 May 2013, the resolutions pertaining to the Company's conditional placing to raise up to £4.28m will be considered at a General Meeting being convened on 24 May 2013.

Enquiries:

Microsaic Systems plc	via Citigate Dewe Rogerson
Colin Jump, CEO
Eric Yeatman, Chairman
Numis Securities Limited	[phone]
Stuart Skinner (Nominated Adviser)
James Serjeant (Broker)
Citigate Dewe Rogerson (Financial PR)	[phone]
Chris Gardner, Mark Swallow, Malcolm Robertson
The Scott Partnership (Trade PR)	[phone]
Sarah Evans

About Microsaic Systems plc

Microsaic Systems develops chip-based scientific instruments for the identification of substances in solids, liquids and gases. The Company's products are based on the 'gold-standard' scientific technique of mass spectrometry (MS).

Microsaic Systems has developed a miniaturised mass spectrometer product, based on its patented, chip-based technologies (ionchip®, spraychip® and vac-chip™), that is smaller, lighter, quieter, more energy efficient and cheaper to run than conventional MS systems.

Mass spectrometry (MS) is used across multiple sectors, including government, energy, utilities, pharmaceutical, diagnostics and healthcare, environmental, food and drink, security and defence, and industrial chemicals - a combined market of $3 billion in 2012.

Microsaic Systems was established in 2001 by a team including founders from Imperial College London, and was admitted to AIM in April 2011 under the symbol MSYS.

www.microsaic.com

 

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