Panorama Synergy : Appoints Leading MEMS Expert to its Board

Panorama Synergy Limited [ASX: PSY] ("Panorama" or the "Company") announces that it has appointed Dr Jason Chaffey as Director of Commercialisation and Manufacturing. Dr Chaffey joins the Panorama Board from ASX-listed Bluechiip Limited, with effect from 17 November 2014.
Dr Chaffey has been actively involved in MicroElectroMechanical Systems ("MEMS") technology, product development and engineering for more than 15 years. At Bluechiip he oversaw the implementation of a licensing strategy for the company's wireless tracking technology which is based on MEMS.
He has extensive experience in industrial design, product concepts and product transfer for MEMS, electronics, mechanical and software products and in managing multi-disciplined development and manufacturing teams and suppliers across Australia, Malaysia, Europe and North America. He has worked with a number of well-known MEMS foundries including ST Microelectronics (Europe) and IMT (Santa Barbara, USA).
Terry Walsh, Managing Director of Panorama, said:
"We are delighted that Jason has agreed to join the Panorama Board. He has considerable experience in bringing MEMS-based products to market and his knowledge of MEMS and extensive industry contacts, especially within foundries, designers and fabricators will be a major asset to Panorama. He will be instrumental in driving our commercialisation plans, not only for the LumiMEMS™ Reader but also the design and manufacture of Panorama's own range of products."

Dr Chaffey has been Managing Director and CEO at Bluechiip Limited since July 2014 and acting CEO since January 2014. He was the company's Chief Technology Officer for five and a half years and before that Principal Engineer - MEMS for two years.
Prior to joining Bluechiip, he was involved in a number of key technology laboratories including the Advanced Sensors Laboratory and Microengineering Section at DSTO and the Advanced Engineering Centre for Manufacturing at RMIT, where he led projects for inertial sensors, biosensors and optical modulators.
Dr Chaffey has a Bachelors in Advanced Science (Physics) at the University of New South Wales (Sydney) and a PhD from RMIT University (Melbourne). He is a member of the Institute of Physics and a member of the MEMS Industry Group (MIG) Association. Dr Chaffey is a past Chair of the Australian Delegation for the Micromachine Summit and was Director of a non-profit organisation called Irabina Childhood Autism Services from 2010-2013.

Panorama Synergy is a Perth-based technology company focused on the commercial and technological advancement of its optical readout system for MEMS, the LumiMEMS™ Reader.

In partnership with UWA, Panorama's unique technology has been developed by a team of renowned scientists led by Gino Putrino, a world leader in MEMS optical readout systems. In January 2014, the Company entered into a five year extension of its exclusive worldwide licensing agreement with the UWA for optical technologies related to MEMS sensors.
The Company's Board includes Managing Director, Terry Walsh and Aidan Montague, Chairman, both of whom have extensive backgrounds with Cisco Systems. Terry was formerly MD for Cisco Australia and New Zealand and then CEO of Cisco Canada, while Aidan was Director of Strategic Alliances for Cisco in Asia Pacific.

MEMS is an umbrella term used to describe a miniature device which integrates mechanical and electrical elements designed to work together to sense and report on the physical properties of their immediate or local environment, or, when signalled to do so, to perform a controlled physical interaction or actuation with their immediate or local environment.
MEMS sensors are used to detect the presence or absence of chemical and biological substances. They can be used to detect anything from explosives at an airport to the presence of certain types of cancer from your breath.
The current MEMS market is estimated to be $14 billion in 2014, growing to over $22 billion by
2018 according to a Yole Developpment report called "Status of the MEMS Industry", July 2013.

Panorama Synergy
Terry Walsh, Managing Director
Tel: +61 2 8226 3377
Citadel Communications
Matthew Gregorowski
Tel: +61 2 9290 3033 / +61 422 534 755

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