Camcon Wins Cambridge Evening News Business Excellence Award

24 March, 2004 - Cambridge, UK - Camcon Technology, the inventor and developer of the Camcon binary actuator, has won the Business Excellence Award from Cambridge Evening News.

Four finalists including Brainjuicer, Daniolabs and TeraView competed for the first prize, which was awarded to Camcon on 18 March, 2004.

Camcon won in the Business Innovation category, which recognises a company's initiative in terms of innovation, research and development of new products, processes or services.

The Cambridge Evening News win follows Camcon's receipt of a prestigious Innovation Award in January 2004 from the East of England Energy Group. Camcon received the award for its energy-efficient rolling-swing valve.

"For Camcon, the opportunities are without boundary", said Danny Chapchal, chairman of Camcon. "How often do you come across a technology that can reduce jet engine noise by 90 per cent and revolutionise recovering patients' mobility? I believe that Camcon has a unique potential of entirely changing the face of today's industries."

Inventor Wladyslaw Wygnanski founded Camcon in 2000 as a vehicle to support the development and commercialisation of the Camcon binary actuator.

The high-speed, low energy consumption, low heat dissipation and long life characteristics of the Camcon binary actuator mean that it has applications in a whole new range of areas, as well as being a replacement for existing actuator and valve technologies.

"It was a great pleasure to have received the Business Innovation Award from Cambridge Evening News," said Wladyslaw Wygnanski, managing director, Camcon Technology. "The recognition of our efforts to establish Camcon technology as an innovative alternative to existing industry standards is always invaluable."

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About Camcon
Based in Cambridge, UK, Camcon Technology is a small fast growing company focused on the research and development of the Camcon binary actuator. Camcon binary actuating technology has been 15 years in development and is the invention of Camcon founder Wladyslaw Wygnanski.

The high-speed, low energy consumption, low heat dissipation and long life characteristics of the Camcon binary actuator mean that it has applications in a whole new range of areas, as well as being a replacement for existing actuator and valve technologies.

Camcon Technology licenses its technology to customers, typically on a field-of-use basis. The company develops pre-production prototypes for customers on a consultancy basis and then hands over designs either to its customers to manufacture in volume, or to a manufacturing partner. For further information see: www.camcontec.com.

Camcon is funded by ACUS Management Partners, an active management venture capitalist that specialises in funding early stage technology companies. For further information see: www.acus.co.uk.

Press contact:
Zuzanna Pasierbinska
Rainier PR
+ 44 (0)20 7494 670
zpasierbinska@rainierpr.co.uk