1. Compact Imaging and Leading Irish University Bio-Photonics Laboratory Announce Second Extension of Innovative Research Collaboration

    Compact Imaging and Leading Irish University Bio-Photonics Laboratory Announce Second Extension of Innovative Research Collaboration

    Silicon Valley Startup, NUI Galway’s TOMI Lab Successfully Co-Developing Miniature, Low-Cost Optical Sensor Technology

    Compact Imaging, Inc. (CI) ( www.compactimaging.com) and National University of Ireland Galway (NUI Galway) ( www.nuigalway.ie ) today jointly announced the second extension of their innovative research collaboration in MRO™ (Multiple Reference OCT), CI’s miniature low-cost optical sensor technology.

    MRO brings the powerful noninvasive imaging and biometry capabilities of optical coherence tomography (OCT) to high volume non-clinical applications, such as mobile health monitoring, identity verification and non-destructive testing (NDT).

    The original collaboration agreement was signed in 2012 and first extended in 2014. The new extension runs through 2017.

    “Compact Imaging’s MRO technology is highly disruptive, offering a greater than 100 times reduction in size and cost compared to conventional OCT systems,” said Don Bogue, CEO of Compact Imaging. “Ultimately, MRO photonic modules will be consistent in size, cost and operating power with integration into mobile monitoring devices.”

    CI also recently announced an expansion of its intellectual property (IP) portfolio with the issuance of a 15th US patent. In addition to its collaboration with NUI Galway, the Company works with the Irish Photonic Integration Centre (IPIC) in Cork, Ireland, where it is producing the first miniature prototypes of the MRO photonic module.

    Compact Imaging’s multiple reference OCT, or MRO, technology addresses the size, cost, complexity and operating power limitations of conventional clinic-scale OCT systems. Conventional OCT was first commercialized in the early 2000s and its noninvasive, non-ionizing imaging capabilities have revolutionized diagnostic imaging in clinical and research settings. MRO, by contrast, is designed for use in high volume mobile monitoring applications. The Company’s IP centers on its MRO system.

    Professor Martin Leahy, Chair of Applied Physics at NUI Galway and Director of the Tissue Optics and Microcirculation Imaging (TOMI) Laboratory, will continue to direct the collaboration’s research efforts in Galway. Professor Leahy said: “This further substantial cash investment is a very welcome endorsement of our work by the board of Compact Imaging and its investors. The collaboration has been very successful because both sides understand the need to align our interests. Our interest in providing substantial research topics for our PhD students and publishing our results has always been wholeheartedly supported by Compact Imaging, not the least through their rapid assessment and protection of generated intellectual property. In turn, together we have been able to deliver substantial advances of the technology and its applications which are clearly valued by Compact Imaging.”

    The research collaboration combines NUI Galway’s globally-recognized expertise in OCT and other advanced biological imaging techniques with CI’s engineering development and intellectual property in OCT and MRO. CI and NUIG researchers have been working together since 2012, leading to the successful demonstration of several new MRO applications, creation of significant IP and publication of numerous research papers. The original two-year research collaboration successfully demonstrated the application of MRO technology in areas such as creating subdermal fingerprint images and production testing of industrial materials.

    About Compact Imaging, Inc.

    Compact Imaging, a privately-held company based in Mountain View, CA, is developing miniature optical sensors that noninvasively image and measure subsurface features, properties and behaviors of human tissue and other biological and non-biological materials. These sensors, called MRO™ (Multiple Reference OCT), can be small, low cost and battery powered. They address the need for more capable and versatile sensors in rapidly expanding mobile device markets, such as biometric security, personal health monitoring and non-destructive testing (NDT). The Company has been issued a series of US patents covering its MRO technology. Additional information is available at the Company’s website, www.compactimaging.com .

    About NUI Galway

    NUI Galway* is one of Ireland’s foremost centers of academic excellence. Over 17,000 students undertake an extensive range of studies at the University, which is renowned for the quality of its graduates. NUI Galway is a research-led University with internationally recognized expertise in areas including Biomedical Science and Engineering, Web Science, Human Rights, Marine Science, Energy and Environmental Science, Applied Social Sciences and Public Policy, and Humanities, in particular literature, theater and Irish Studies.

    For more information visit www.nuigalway.ie or view all NUI Galway news here.

    *The University's official title is National University of Ireland Galway. Please note that the only official abbreviation is NUI Galway.

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