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Product category: IC and Hybrid Processing Equipment
News Release from: Micralyne
Edited by the Electronicstalk Editorial Team on 19 January 2007

Micralyne stars in local awards

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Micralyne has been ranked the number one company with revenues under C$20 million by Alberta Venture Magazine in its annual Fast 50 List.

Micralyne has been ranked the number one company with revenues under C$20 million by Alberta Venture Magazine in its annual Fast 50 List This is the first year Micralyne has applied for the Alberta Venture Fast 50 award programme

Micralyne achieved a 3-year revenue increase of 75%, a 3-year asset growth of 22% and expanded its staff to 175 employees.

Micralyne's growth has been driven by both an increase in new customers and an increase in orders from existing clients.

Micralyne's focus on profitability, a key element in the business plan, in combination with a talented pool of people resources, has enabled Micralyne to stay ahead of the competition.

"We are very honoured to have been selected for this recognition", said Chris Lumb, President and CEO of Micralyne.

"To be compared with the companies that made the Fast 50 List gives all of us at Micralyne a sense of accomplishment".

"It's also great to see the growing number of high-tech companies being recognised for their work and contribution to the Alberta economy".

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