Micronics Grants Patent License To Cleveland Biosensors

REDMOND, Wash. & BRISBANE TECHNOLOGY PARK, Queensland--(BUSINESS WIRE)--June 23, 2006--Micronics, Inc. today announced that it has granted an exclusive, royalty-bearing, U.S. license to certain of its patented technologies to Cleveland Biosensors of Brisbane, Australia. The license entails the right to use, make, have made and sell products based on two patents in the field of microfluidics, which permits smaller volumes to be used in the performance of fluid detection, diagnosis or monitoring.
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