Microsaic Systems plc (AIM: MSYS), the developer of chip-based scientific instruments, is pleased to announce the signing of a significant agreement to provide its miniature mass spectrometer – the Microsaic MiD – as an Original Equipment Manufacturer (OEM) to an international supplier of laboratory equipment. Under the terms of the agreement, the new supplier will commit to an initial minimum quantity of 100 units during the first 30 months. Shipments to the supplier will begin later in 2012. No further details are disclosed.

Eric Yeatman, Chief Executive of Microsaic Systems, commented:

“One of Microsaic’s key strategic aims is to grow sales of our innovative products as an OEM partner with leading international suppliers of scientific instruments in specified application areas of chemical separation and purification. Our objective is to benefit from access to an existing customer base and also to make mass spectrometry available to a wide range of new customers and to open new opportunities. With the agreement we announce today we have formalised an important such relationship in a major and growing sector which is ideally matched to the capabilities and benefits of our uniquely deployable, self-contained instruments.