Panorama Synergy Ltd. announced it has entered into a five year extension of the exclusive worldwide licensing agreement with the University of Western Australia (UWA) for optical technologies related to highly sensitive measurements by multiple, simultaneous micro-cantilever micro-electro-mechanical system (MEMS) sensors. Optical cantilever technology has relevance to miniaturized biological and chemical sensing and has a plethora of applications in medical sensing, security (detection of chemicals associated with explosives) and gas detection, to name but a few. The technology has potential to provide the ability to build low-cost chips containing multi-system, multi-analyte sensors using technology which has demonstrated detection of picometer movement under normal atmospheric conditions.