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Press Release
ref: 42 Technology Ltd\prl.017
March 2004

42 Technology moves to expand

Following a highly successful and profitable 2003, Cambridgeshire-based product development company, 42 Technology Limited has embarked on a programme of expansion heralded by the move into prestigious new offices in St Ives, near Cambridge.

The offices in Meadow Lane will give the company the necessary space to accommodate the key personnel needed to fulfil its increasing order book. An early recruitment campaign has already resulted in the appointment of three new members of staff.

“We are experiencing a continuing healthy business stream,” explains Howard Biddle who is the company’s Chairman. “We plan to recruit several new engineers in the coming months. The move to St Ives positions us well to attract, from the Cambridge area, the high calibre staff we need.”

Since 1998, 42 Technology has established a strong track record for innovative product developments in the healthcare, industrial and consumer products and packaging industries. Whilst the initial focus centred around clever mechanical systems, the company’s industry-experienced engineers and product designers now embrace a wider range of technologies including physics, sensors, and industrial design.

42’s business model enables it to offer a particularly cost efficient service. Overheads are minimised by working with clients either in its own laboratories or on site. It also calls on a wide range of associates, experts and specialist partners from around the UK, which both expands its scope and reduces fixed costs.

 

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