Distribution Agreement with Stable Arm Sdn. Bhd.
24 May 2018
Microsaic Systems plc
("Microsaic"or the "Company")
Distribution Agreement with Stable Arm Sdn. Bhd.
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 Stable Arm Sdn. Bhd. ("Stable Arm") to distribute Microsaic's 4500 MiD® MS detector via Stable Arm's extensive distribution network in Malaysia.
This distribution agreement complements the recently announced agreement with Rightek and is in line with the Company's strategy to partner with locally based, specialised and established channel partners.
Glenn Tracey, CEO of Microsaic, commented, "We are extremely pleased to partner with one of the leading providers of scientific equipment in Malaysia, and further extend our presence in the Asia Pacific region.
"Malaysia is a growing market, and Stable Arm is well positioned as a specialist in chromatographic instrumentation, having established a strong track record working with some of the leading global brands of analytical systems."
Ramlan Saimat, Managing Director of Stable Arm, added "We aim to continue to provide the very best cutting-edge solutions to our customers. We believe that Microsaic's compact, point-of-need systems, together with our liquid sample preparation and specialist chromatography systems can be very successful in the Malaysian market."
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Enquiries:
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Microsaic Systems plc Glenn Tracey, CEO Bevan Metcalf, FD |
+44 (0) 1483 751577 |
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N+1 Singer (Nominated Adviser & Broker) Shaun Dobson Liz Yong
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+44 (0)20 7496 3000 |
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IFC Advisory Ltd (Financial PR) Graham Herring Heather Armstrong Florence Chandler |
+44 (0)20 3934 6630 |
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 Stable Arm Sdn. Bdn.
Incorporated in 2001, Stable Arm is headquartered in Bandar Baru Bangi, Selangor. Malaysia. Since 2003, Stable Arm distributes a wide range of scientific equipment with more focus on chromatography, sample preparation system and high-quality plastic consumables for biotechnology, diagnostics and pharmaceuticals customers nationwide.
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