Camcon Technology’s founder wins at the Cambridge100 Awards

25 April, 2007 - Cambridge, UK - Camcon Technology, the UK developer of the digital valve, today announced that the company’s founder and managing director, Wladyslaw Wygnanski, has won the Cambridge100 Innovation Award for his work in developing a high pressure, high speed valve for use in oil well reservoirs.

The Cambridge100 was set up to build greater awareness of the value of interim managers in the Greater Cambridge area and beyond. The network of experienced freelance senior executives and innovators fulfil the growing need for short-term interim specialists, managers and directors. This year’s awards, sponsored by the Greater Cambridge Partnership (GCP), showcased high performance projects delivered by the community located in the Cambridge region.

Wladyslaw Wygnanski founded Camcon Technology in 2000 to commercialise the Camcon® Binary Actuator, a valve that recycles energy using a combination of magnets and springs. The valve only requires energy to change the state of the actuator and will work for years off a small power source, such as a battery, at very high speeds. Over the last year, Wladyslaw and a dedicated team of four engineers have succeeded in creating a high pressure valve configuration for a leading oil exploration company. This valve is capable of working remotely in deep oil reservoirs and can withstand extreme pressure of up to 5,000 pounds per square inch (PSI).

Although Wygnanski received the Innovation Award for the valve’s use in the oil and gas sector, the technology offers break-through advantages in a wide range of industries, including automotive, aviation, agriculture and medical.

“I am delighted to have received the Cambridge100 Innovation Award,” said Wladyslaw Wygnanski, founder and managing director, Camcon Technology. “This award is evidence that Camcon’s technology is gaining recognition as an innovative and viable alternative to existing technologies. The possibilities are endless and I believe that Camcon’s technology has potential to transform today’s industries.”

“The experience of the Cambridge100’s original members has been supplemented by the innovation skills of new members.” said Malcolm Ladkin, president, Cambridge100. He continued: “The award to Wladyslaw Wygnanski recognises the importance of innovation to the ongoing success of the region as a whole. Wladyslaw has spent more than a decade developing the Camcon® Binary Actuator and by teaming up with a leading oil exploration organisation to design, develop and manufacture a prototype, Camcon’s innovative technology can be seen in action.”

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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.

About Cambridge100

Interim management is the use of a mature, professional senior executive or engineer well qualified by relevant practical experience, contracted on a short-term basis to carry out a specific management task within a company. Increasingly, interim managers are tasked with an operation role and are the only practical alternative to management consultants.

The Cambridge100 membership is an outstanding resource of locally-based senior managers, innovators and entrepreneurs who have successful track records of helping companies of all size, development stage and sector across a very broad range of assignments.

For further information visit www.cambridge100.org.uk or to contact the President email thepresident@cambridge100.org.uk