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Posted in | MEMS - NEMS | Nanobusiness

Micralyne Recognized for Their Success as Spin Off Innovation Company from University of Alberta

Published on November 11, 2008 at 11:07 AM

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.”

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