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ISSYS creates partnership and jobs in Ypsilanti
Concentrate, 6/10/2009
Good things come in three for ISSYS. First the Ypsilanti-based firm hired two people since the last time we
checked in
with it earlier this year. Second it formed a partnership with a Switzerland-based firm, a move that is expected to (thirdly) create more jobs in Ypsilanti.
As of today ISSYS employs 32 people and has a couple of positions open right now. It expects to hire another 5-6 people by the end of the year. The Swiss firm,
Endress + Hauser
, might also open an office nearby.
"They have invested in us and they have a minority stake in ISSYS," says Doug Sparks, vice president of
ISSYS
.
ISSYS spun-off from the University of Michigan in 1995 and uses micro fluids and sensors for research in products like fuel cells. Endress + Hauser is licensing some of the microchip technology to make its own sensors. It discovered ISSYS in 2003 and began putting a deal together in 2007.
Source: Doug Sparks, vice president of ISSYS
Writer: Jon Zemke
University Of Michigan
Ypsilanti
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