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REF NO.: 266

SUBJECT: Memorial start-up company comes full circle after nearly three decades
DATE: March 22, 2005

A company that got its start at Memorial is now partnering with the university to help students with real-world research in software and electronics. INSTRUMAR Limited emerged from the Centre for Cold Ocean Research and Engineering (C-CORE) in 1979. Almost three decades later, the Faculty of Engineering and Applied Science and INSTRUMAR are establishing a joint Industrial Research Initiative (IRI).

Dave Bonnell is a master’s student in electrical engineering. “With the support of the IRI, I’ve been able to take time out of my career to pursue relevant academic research,” he said. “The IRIprovides guidance, as well as an immediate purpose: research is targeted at real-world problems.” Mr. Bonnell says he feels that both MUN and INSTRUMAR will provide important resources to researchers.

Through the IRI, the collaboration between MUN and INSTRUMAR will also enhance INSTRUMAR’s sensor based information systems, the latest of which is the Attalus Fibre System. This system provides real-time information about the production quality for synthetic fibre producers. Synthetic fibre is used to produce clothing, carpet and other textiles.

Dr. Axel Meisen, president of Memorial University, says, “This opportunity provided through INSTRUMAR, Atlantic Canada Opportunities Agency (ACOA) and Atlantic Innovation Fund (AIF) enriches the offering at Memorial University by providing our students with industry specific research that can be used to further their education.”

The IRIis being established with initial funding of $300,000 over three years contributed by INSTRUMAR and ACOA through AIF.

“We have hired many MUN graduates over the years and this program strengthens our relationship with the university even further and allows us to work

closely with students in accomplishing mutually rewarding industry based research,” says Dr. Stuart Inkpen, president and CEO of INSTRUMAR.

INSTRUMAR is an integrated supplier of real-time information systems. The company provides end-to-end solutions supplying the intelligent sensor technologies, software, and the services required to integrate these technologies to effectively utilize real-time data. Using its patented technology, INSTRUMAR has introduced innovative solutions to obtain real-time data in both the polymer fiber industry and the aerospace industry. Located in St. John's, Newfoundland, INSTRUMAR currently employs 50 people, with 25 employees concentrated in research and product development. For further information about INSTRUMAR, please view the company's Web site at www.instrumar.com.

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