Tuesday, 28 June 2011

TeraView expands customer base in Korea

TeraView Cambridge, United Kingdom – 23 June 2011

TeraView (http://www.teraview.com/), the pioneer and leader in Terahertz solutions and technology, has secured a key order from the Gwangju Institute of Science and Technology (GIST) in Korea.

GIST is one of the country’s most prestigious research institutes, ranking first in the number of publication per staff in recent surveys. TeraView will supply its TPS Spectra 3000 system to GIST for terahertz research and materials characterisation. TeraView’s system was chosen over that of its competitors due to its ease of use, superior performance and the company’s track record.

The sale adds to TeraView’s growing installed base in the Korea, and helps strengthen its position in the growing Asian market.

Dr Don Arnone, TeraView’s CEO stated ‘Yet another sale of the TPS spectra 3000 in Korea adds to the growing list of prestigious customers for this product in the region. This sale is also of wider strategic benefit as Korea increasingly serves as a technology leader for the Asia-Pacific region. When combined with other orders and our strong pipeline this order has helped to give us a great start to our new financial year’