15 May 2023

Microsaic Systems plc

("Microsaic" or the "Company")

Audit update

Microsaic Systems plc (AIM: MSYS), the developer of micro-electronic instruments and analytical solutions, wishes to provide an update on the expected date of its audited results for the year to 31 December 2022 (the "FY22 Results").

On 18 April 2023, the Company announced that it expected to release its FY22 Results during the first half of May 2023. As the audit is taking longer than initially anticipated, the FY22 Results are now expected to be published on or before 30 June 2023.

Enquiries:

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information as stipulated under the UK version of the market abuse regulation no 596/2014 which is part of English law by virtue of the European (withdrawal) act 2018, as amended.  On publication of this announcement via a regulatory information service, this information is considered to be in the public domain.

About Microsaic Systems

Microsaic floated on AIM in 2011 to develop and commercialise micro-engineering chip-based mass spectrometry equipment. Having invested c. £30m over 20 years of development, Microsaic has a robust and innovative patent portfolio in cutting-edge technology designed and developed for "Industry 4.0" application. Microsaic serves markets in Human Health, Environmental Health and Diversified Industries. Microsaic's system solutions enable analytical detection and characterisation at the point-of-need, whether within a conventional laboratory setting, or within a bioprocessing facility for continuous MS detection data at multiple steps in the process workflow.

Microsaic's products and systems are commercially available through global markets via a network of regional and local partners, targeting its core laboratory, manufacturing and point of need applications.