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Imperial Innovations technology company sells first products
Ionscope Ltd sells first products


Imperial Innovations Group plc (AIM: IVO), the technology commercialisation and investment company, announces that ionscope Ltd ('ionscope'), a microscope technology company formed by Imperial Innovations and based on research carried out at Imperial College London and the University of Cambridge has received first orders for its products. ionscope has won four contracts worth a total value of 200,000 and has shipped against two of them.

ionscope products utilise the Scanning Ion Conductance Microscopy (SICM) technique to produce images of living cell membranes at resolutions fifty times greater than can be achieved using a conventional optical microscope. All other high magnification techniques interfere with or kill living cells, whereas SICM is benign, allowing living cells to be studied over long periods. The technique has immediate relevance to processes at nano-scale in the human body. Studies using the technique include heart muscle, kidney cells and sperm cells. SICM products from ionscope may be integrated with other laboratory systems to provide a range of unique hybrid techniques, including 'smart' patch clamping, ion and agonist delivery, scanning surface confocal microscopy and nano-scale deposition.

The four orders follow the recent appointment by ionscope of representatives in the USA and UK and distributors in France and Korea. ionscope is currently in discussion with a number of other parties to extend its distribution network. It recently exhibited at Biophysics 2007 in Baltimore, USA, where there was great interest in this powerful new technique for viewing living tissue at very high magnification.

Noah Freedman, CEO, ionscope said: 'This is the first year since the company's foundation in which we have taken orders for our breakthrough products. It marks a significant step forward in the development of ionscope Limited.'

Susan Searle, CEO, Imperial Innovations said, 'ionscope's first product sales are a strong endorsement of their novel technology. The SICM techniques they provide offer many advantages and as a result we are confident that ionscope will continue to expand its business.'


For more information contact:
Imperial Innovations
Susan Searle, Chief Executive Officer; +44 (0)20 7594 6591

Lucy Ahfong, Marketing Communications Executive; +44 (0)20 7594 6644

ionscope
Noah Freedman; +44 (0)207 691 2078

M:Communications: +44 (0)20 7153 1539
Patrick d'Ancona / Eleanor Williamson


About ionscope Limited
ionscope was established in 2002 to commercially exploit scanning ion conductance microscopy (SICM) which has been developed by a joint team of scientists from Imperial College, London and the University of Cambridge. Publication of research using this technique has stimulated significant interest from groups around the world working in biology, biochemistry, medicine and drug discovery. SICM is also capable of nano-scale printing and fabrication with biological molecules.

Funding for ionscope to date has been provided by the founders, the directors and a university seed fund. ionscope works closely with a biophysics group in the Division of Medicine at the Hammersmith Campus of Imperial College. In the near future ionscope will be establishing a facility to demonstrate SICM in the London Centre for Nanotechnology.


About Imperial Innovations
Imperial Innovations is one of the UK's leading technology transfer and commercialisation companies. The company was founded in 1986 and its ordinary shares admitted to trading on the AIM Market of London Stock Exchange plc in July 2006, raising 26 million. The company's integrated approach encompasses the identification of ideas, protection of intellectual property, development and licensing of technology and formation, incubation and investment in technology businesses. A wide range of technologies are commercialised within the areas of healthcare, energy, environment and<


Publisher Contact Information:

Imperial College Innovations Limited
+44 (0)20 7594 6591
-

Company profile of Touchstone Innovations (formerly Imperial Innovations)
Past press releases of Touchstone Innovations (formerly Imperial Innovations).

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