10 November 2011

Mesuro appoints IQE veteran as non-executive chairman

Mesuro Ltd, a spin-off from Cardiff University’s Centre for High Frequency Engineering that provides RF testing equipment and device measurement services, has appointed Dr Godfrey Ainsworth as non-executive chairman.

Ainsworth, a chartered accountant and corporate financier, has over 20 years of experience in the compound semiconductor industry with the AIM-listed epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK, where he is currently non-executive chairman. He is also a board member of the Cardiff Partnership Fund and Cardiff Business School International Advisory Board.

“Godfrey has been working with the board and management team at Mesuro for the past year and he has already added value to the business,” comments David Baynes, CEO of university intellectual property commercialization company Fusion IP plc (which has a 47.2% shareholding in Mesuro). “His extensive knowledge of the sector from his 20 year relationship with IQE is proving invaluable,” he adds.

Mesuro’s technology addresses the immediate needs of device makers to obtain the highest performance from their designs, maximizing their efficiency, reducing power consumption and accelerating time to market. “The company is building an impressive sales pipeline with leading global players in the semiconductor industry,” says Ainsworth. “With sales already made or confirmed to the US, Europe and Japan, it is clear that we will need to look for strategic partners to leverage Mesuro’s potential. I look forward to building on the relationships with our existing partners and to forging new opportunities for collaborative international partnerships,” he adds.

“Mesuro has had a transformational year and has secured significant sales, released a number of new products, including our VNA-based active load-pull system, has a strong order book and a healthy pipeline of sales for 2012,” says CEO Richard Emsley. “It is a testament to the quality of Mesuro’s business, position and prospects that we have been able to attract someone with Godfrey’s financial, international and sector experience to head up the board.”

Tags: Mesuro

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