CyRIC, Cyprus Research and Innovation Center is a pioneering Cyprus-based private company with a strategic aim to become an important regional Innovation Center developing novel products for the world markets. Using continuously upgraded infrastructure and the scientific know-how of highly educated researchers and professional engineers, we also design and execute Applied Research Projects for the development of Innovative Solutions. Our personnel accumulates vast experiences in Research and Innovation projects with participation in more than 30 funded R&D projects worth above 40 million Euro. Currently CyRIC coordinates several FP7 projects with budget over 10 million Euro and executes numerous assigned projects for the industry. Our success is owed to our abilities to identify and select the most innovative project ideas for the development of pioneering products.