Microsaic Systems plc Update on DeepVerge Collaboration (7339P)
21 Outubro 2021 - 3:00AM
UK Regulatory
TIDMMSYS
RNS Number : 7339P
Microsaic Systems plc
21 October 2021
21 October 2021
Microsaic Systems plc
("Microsaic" or the "Company")
Update on DeepVerge Collaboration
Microsaic (AIM: MSYS), is pleased to note the update by
DeepVerge plc (AIM: DVRG) ("DeepVerge") provided today regarding
their orders for pathogen monitoring equipment for shipment this
year to partners and customers in UK, India and China, which
includes upgrades to DeepVerge Modern Water Microtox(R) PD(1) units
and Microsaic mass spectrometer units. Configurations of the
Microsaic equipment will be included in these orders to DeepVerge
for the integrated detection of PFASs (Per- and Polyfluoroalkyl
Substances or 'forever chemicals'), as referenced in previous
Microsaic announcements on 25 May and 23 August, 2021. This
monitoring capability forms part of broader integrated solutions
offered by DeepVerge for monitoring toxicity and heavy metal
pollutants as well as the prevalence of SARS-CoV-2 as part of the
ongoing pandemic response.
Glenn Tracey, CEO of Microsaic commented:
"We are greatly encouraged to see the results of our
collaboration with DeepVerge translating into early demand for
Microsaic mass spectrometer units as part of a new point-of-need
monitoring solution, providing the capability for real-time
monitoring of PFASs or 'Forever Chemicals'. In addition, working
with DeepVerge teams in York, UK and Cork, Ireland we can already
see an important contribution being made in the use of our
micro-engineering expertise in ongoing development and upgrading of
DeepVerge Modern Water equipment, especially in the integrated
approach to Artificial Intelligence ("AI") between our
technologies.
"While small in terms of initial impact for Microsaic, we see
these initial shipments as having the potential to seed further
demand in key locations, particularly in India and China over time.
The power of these surveillance solutions lies in their
multi-tiered approach to environmental monitoring and control, from
pandemic response (pathogen detection) to toxicity and chemicals of
concern, and in their ability to monitor data on an ongoing basis,
recognising early threats and indicative patterns using AI."
Microsaic notes that DeepVerge is a related party under the AIM
Rules for Companies and its independent directors will review the
details of any order(s) received from DeepVerge for its equipment
when further details are made available in due course.
(1) Microtox(R) PD has been designed to be retrofitted into
existing Modern Water equipment to detect and identify a range of
infectious viruses and bacteria including SARS-CoV-2, E.coli,
Legionella and Cryptosporidium, on a single chip, using AI, in
real-time
Enquiries:
Microsaic Systems plc
Glenn Tracey, CEO / Bevan Metcalf,
FD +44 (0)1483 751 577
Singer Capital Markets
(Nominated Adviser & Joint Broker) +44 (0)20 7496 3000
Aubrey Powell / Tom Salvesen /
George Tzimas
Turner Pope Investments (TPI) Limited
(Joint Broker)
Andy Thacker / James Pope +44 (0) 20 3657 0050
About Microsaic
Microsaic listed on AIM in 2011 to develop and commercialise
micro-engineering chip-based mass spectrometry equipment. Microsaic
has a robust patent portfolio in cutting-edge technology purpose
built for "Industry 4.0" which enables analytical detection and
characterisation at the point-of-need, whether within a human
health environment, conventional laboratory setting, or within a
bioprocessing facility for continuous mass spectrometer detection
and monitoring of data at any step in the process workflow .
About DeepVerge plc (www.deepverge.com)
DeepVerge is an environmental and life science group of
companies that develops and applies AI and IoT technology to
analytical instruments for the analysis and identification of
bacteria, virus and toxins. DeepVerge is utilising artificial
intelligent data analytics to prove scientifically the impact of
skincare product claims on skin microbiome for most of the top 20
global cosmetic company clients and to detect remotely, and
identify in real-time, dangerous pathogens in wastewater treatment
plants, drinking water, rivers, lakes and reservoirs.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCMMBRTMTJTBMB
(END) Dow Jones Newswires
October 21, 2021 02:00 ET (06:00 GMT)
Microsaic Systems (LSE:MSYS)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Microsaic Systems (LSE:MSYS)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024