1st Detect Corp Announces OEM Agreement
January 29 2014 - 6:30AM
1st Detect Corporation, a subsidiary of Astrotech Corporation
(Nasdaq:ASTC) announced today that the company has entered into a
strategic OEM agreement with RIGAKU Corporation of Tokyo, Japan.
The 1st Detect OEM-1000PI mass spectrometer has been integrated
with RIGAKU's Thermogravimetric Analyzer (TGA) to offer a higher
performance, smaller and more cost effective solution than what is
currently available in today's world market.
1st Detect and RIGAKU have co-developed the successful
integration of our respective technologies and have now completed
the development of a highly capable and very competitively
Thermogravimetric Analyzer. The integrated instrument named Thermo
iMS2 is the world's first integrated TGA with MS/MS capabilities
and is expected to be well received by the international research
and development markets.
"We are extremely pleased to be working with RIGAKU, a world
recognized leader in chemical analysis instrumentation. This
agreement marks a significant milestone in both our corporate
progress and is a major endorsement of 1st Detect's miniature mass
spectrometer technology," said Thomas B. Pickens III, Chairman and
CEO of 1st Detect.
The OEM-1000PI, is a mass spectrometer component that is based
on 1st Detect's revolutionary MMS-1000™ instrument, and was
customized to integrate RIGAKU's stringent specifications including
photo-ionization, atmospheric pressure sample introduction and a
wider mass range than today's state of the art cylindrical ion trap
mass spectrometry.
"We are proud to have had the opportunity to leverage our
expertise in miniature mass spectrometry to provide a world-class
chemical analyzer to RIGAKU," added David Rafferty, President &
CTO of 1st Detect, "by integrating our breakthrough technologies,
RIGAKU is able to offer a TGA system that provides more
performance, in a smaller instrument, than the competition."
1st Detect Corporation has developed an instrument that
revolutionizes the chemical detection and analysis market by
delivering lab performance mass spectrometry in a small, fast and
affordable instrument. The 1st Detect mass spectrometer's broad
capabilities make it an ideal tool for a variety of applications in
the research, security, industrial, process flow and healthcare
markets; and is capable of detecting a wide variety of chemicals
including residues and vapors from plastics and polymers.
About 1st Detect Corporation
1st Detect Corporation was formed by Astrotech Corporation
(Nasdaq:ASTC) to develop and commercialize miniature mass
spectrometer technology first developed under an agreement with
NASA for use on the International Space Station. 1st Detect offers
a breakthrough miniature mass spectrometer that fills an unmet need
by being highly accurate, rapid, lightweight, and affordable.
For more information on 1st Detect Corporation, please
visit www.1stDetect.com.
About Astrotech Corporation
Astrotech is one of the first space commerce companies and
remains a strong entrepreneurial force in the aerospace industry.
We are leaders in identifying, developing and marketing space
technology for commercial use. Our Astrotech Space Operations
business unit serves our government and commercial satellite and
spacecraft customers with pre-launch services on the eastern and
western range. 1st Detect Corporation has developed a breakthrough
miniature mass spectrometer, while Astrogenetix, Inc. is a
biotechnology company utilizing microgravity as a research platform
for drug discovery and development.
This press release contains forward-looking statements that are
made pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risks, trends, and uncertainties that
could cause actual results to be materially different from the
forward-looking statement. These factors include, but are not
limited to, continued government support and funding for key space
programs, product performance and market acceptance of products and
services, as well as other risk factors and business considerations
described in the Company's Securities and Exchange Commission
filings including the annual report on Form 10-K. Any
forward-looking statements in this document should be evaluated in
light of these important risk factors. The Company assumes no
obligation to update these forward-looking statements.
CONTACT: FOR MORE INFORMATION:
Joshua Elbaum
VP, Marketing
+1 (512) 485-9530
jelbaum@1stdetect.com
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