MEMSCAP (NYSE Euronext:
MEMS), the leading provider of innovative solutions based on MEMS (micro-electro-mechanical
technology, announces today the completion of registration under the US Department
of State's International
Traffic in Arms Regulations (ITAR). This registration documents MEMSCAP's
dedication to adhering to the
regulations emplaced by the United States government, which control the export
and import of defence-related
articles and services.
Administered by the Office of the Defense Trade Controls Compliance (DDTC),
under authority established by
the Arms Export Control Act (AECA), ITAR regulates the manufacture, export,
import and transfer of defense
related articles and services.
“MEMSCAP's ever commitment to providing the highest quality and
efficiency devices and solutions, especially
in fields where protection, security and reliabiliy are critical, finds a new
embodiement in this registration that
also reaffirms our dedication to ensuring a safer and more secure world ”
said Steve Wilcenski, General Manager
of MEMSCAP Custom Products Business Unit. “Our ITAR registration now ensures
that MEMSCAP Inc. is well
positioned to fully support defence related projects in the USA”.
MEMSCAP is the leading provider of innovative micro-electro-mechanical systems
(MEMS)-based solutions. MEMSCAP standard and custom products and solutions include
components, component designs (IP), manufacturing and related services. MEMSCAP
customers include Fortune 500 businesses, major research institutes and universities.
The company's shares are traded on the Eurolist of NYSE Euronext Paris S.A (ISIN: