Paraytec Finalist in Venturefest New Product Competition

Tuesday, 6th February 2007

Paraytec has been selected as a finalist in a major new product competition taking place at Venturefest Yorkshire on 7 February. Paraytec’s ActiPix D100 has been chosen for final judging in the GSPK New Product Award which attracts a prize of £20,000.

The ActiPix D100 is a novel scientific instrument developed for use in analytical and life sciences applications. It is the first product to incorporate Paraytec’s ground breaking detection technology -  a patented miniaturised analytical detection system for liquid samples which is a significant advance over existing analytical techniques.

The ActiPix D100 uses capillaries the width of a human hair to carry tiny liquid samples through a beam of UV light, then captures and processes the images using an Active Pixel Sensor similar to the technology used in digital cameras and mobile phones. The detector allows scientists to “see” a complex reaction taking place in real time and to quantify the components. It provides very high sensitivity, and requires 1000 times less sample than existing techniques, making it ideal for high value samples such as biopharmaceuticals.

The ActiPix D100 was launched at the HPLC2006 conference in San Francisco last year and is currently in early stage sales to customers in the UK, USA and Europe. The ActiPix technology has attracted a great deal of interest internationally, and is also being featured as a new product at Pittcon2007, the world’s largest meeting for scientific instrument technology. The meeting is taking place in Chicago later this month, where the ActiPix will be judged for the international Editor’s Choice Award for New Technology.

Venturefest Yorkshire is a major UK event for fast-growing technology businesses. The one day event takes place at York Racecourse on Wednesday 7 February and attracts thousands of technology entrepreneurs, business people, and investors. The GSPK New Product Award seeks to reward an innovative new product with high growth potential, which has been developed by a Yorkshire-based company. The winner will be announced at the Venturefest gala dinner.

Carolyn Parkinson, Paraytec CEO, said "We are thrilled that the ActiPix detector has been selected for final judging in this prestigious award. Paraytec is proud to have developed this globally significant technology right here in Yorkshire. Throughout the development of the ActiPix, from prototype to production versions, we have benefited greatly from the excellent, high-tech development and manufacturing providers in the region."

Venturefest Yorkshire takes place on 7 February 2007 at York Racecourse, York, UK. Paraytec will be exhibiting in the New Product area during the meeting, where the ActiPix D100 will be on display.

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