RCS - Microsaic Systems - Partnership with Kingfield Electronics
22/08/2022 07:00
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RNS Number : 6713W Microsaic Systems plc 22 August 2022
Reach (Non-regulatory)
22 August 2022
Microsaic Systems plc
("Microsaic" or the "Company")
Partnership with Kingfield Electronics in Aerospace,
Defence, and Process and Scientific Instrumentation
Microsaic Systems plc (AIM: MSYS), is pleased to announce that Kingfield
Electronics Limited ("Kingfield") has appointed Microsaic as an Authorised
Partner for front-end research, development, and engineering product
development in scientific instrumentation and micro-engineering adding these
complementary services to its existing offering of fully integrated turnkey
solutions, box build, printed circuit board assembly ("PCBA"), commissioning,
final test, service, retrofit and world-wide shipping logistics.
Kingfield has a 37-year heritage delivering microelectronic turnkey contract
manufacturing solutions, certified to AS9100 standard, with clients across
commercial and military aerospace, defence applications on land, sea and air,
oil & petrochemical, medical device, process manufacturing and scientific
instrumentation industries. Kingfield currently supplies outsourced
manufacturing to the Company for its microelectronic component instrumentation
and assembly. This new partnership represents a further opportunity for
Microsaic to provide additional services leveraging its considerable expertise
in high quality technical design, engineering and solutions delivery, as it
continues to diversify its income streams.
Gerry Brandon, Acting Executive Chairman of Microsaic Systems plc, commented
"Microsaic welcomes the opportunity to work with Kingfield and support their
clients with our 20-year history of microelectronics design to
commercialisation expertise. This upstream value-added service of front-end
research, development and engineering design, complemented with pilot line
manufacture, to validate manufacturability and scalability prior to transfer
to Kingfield as the volume manufacturer, is a commercially perfect fit."
Nick Taylor, Managing Director of Kingfield Electronics Limited, commented
"Kingfield works with some of the world's leading and most innovative
technology companies who demand inherently high reliability at mission
critical level, exceptional levels of quality and consistency. Microsaic has a
proven record of designing highly sensitive process instrumentation and
laser-based microelectronic equipment. We look forward to rolling out this
unique complementary service addition over time across our diverse portfolio
of industry clients."
Enquiries:
Microsaic Systems plc +44 (0) 734 0055 648
Gerry Brandon, Executive Chairman
Singer Capital Markets (Nominated Adviser & Joint Broker) +44 (0)20 7496 3000
Aubrey Powell / George Tzimas (Corporate Finance)
Tom Salvesen (Corporate Broking)
Turner Pope Investments (TPI) Limited (Joint Broker) +44 (0) 20 3657 0050
Andy Thacker / James Pope
About Microsaic Systems
Microsaic has over 20 years' experience in microelectronics and development of
instrumentation. The Company has a robust and innovative patent portfolio in
cutting-edge technology designed and developed for "Industry 4.0" application
serving markets in diversified Industries, Human and Environmental
Health. Microsaic's system solutions have enabled analytical detection and
characterisation at the point-of-need, whether within a conventional
laboratory setting, or within a bioprocessing facility for continuous
detection of data at multiple steps in the process workflow.
About Kingfield Electronics Limited
Kingfield Electronics has grown from its founding member and Managing
Director, Nick Taylor, assembling PCBAs quite literally from the family home,
into a successful Contract Electronics Manufacturer supporting some of the
world's leading technology companies.
· Founded in 1985
· 46,000 sq.ft. UK manufacturing facility
· £4.5 million+ new facility investment
· 115+ employees
· AS-9100 quality management accreditation
· Active in many high-reliability sectors
· Extensive PCB assembly and test capabilities
· Highly complex instrumentation assembly and test capabilities
· Fully turnkey manufacturing solutions
· Configuration, shipping and logistics
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