March 29, 2011Joint Institute for Nuclear Research for CERN COMPASS Experiment to Use Solid-State Photo Detectors
February 10, 2010Prestigious University to use Zecotek's LFS Crystals for Next-Generation PET Program
April 15, 2009Zecotek Establishes Ongoing Relationship with CERN with Initial Order of MAPD photo detectors
March 03, 2009Zecotek Closes Financing and Receives Grant Money from the Gov't of Malaysia and Singapore
December 03, 2007Demonstration of 32 inch 3D Display and Insight Media to Advise with 3D Market Entry
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Zecotek Provides Corporate Update
January 30, 2012
Zecotek Provides Corporate Update on Commercialization Strategy
Singapore, January 30, 2012 - Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I), a developer of leading-edge photonics technologies for medical, industrial and scientific markets, is pleased to provide shareholders with a corporate update on its path to commercialize and monetize its leading-edge photonics technologies. The Company was founded with the vision to develop and commercialize photonic technologies that offer both superior performance and economic advantages over competing technologies. Recent developments by Zecotek have brought the Company closer to realizing this vision in its three distinct industry segments: medical imaging, 3D displays and laser systems.
One of the most important developments in the past 12 months was the test results of the newest version of LFS scintillation crystals LFS-8. Tests conducted by the
Because LFS customers are seeking trustworthy and reliable suppliers of fast and bright scintillation crystals, Zecotek established a strategic partnership with the Beijing Opto-Electronics Technology Co. Ltd. (BOET). BOET has access to the raw materials required for the LFS crystals and specializes in the growing, cutting, polishing and the large scale production of scintillation crystals. The partnership between Zecotek and BOET should provide customers with a consistent supply of quality scintillation material at a competitive price.
Zecotek’s patented LFS scintillation crystals and solid-state MAPD photo detectors are two of three central components for the new generation of PET scanners for medical diagnostics. Zecotek’s many years of cooperation with the
Zecotek is meeting with industry partners from Japan and
Within its laser division Zecotek has a joint laboratory with Inversion Fiber/Novolaser (
As a result of internal technology development, patent acquisitions and licensing partnerships, the Company’s patent portfolio has continued to grow in numbers and technological diversity. Zecotek owns title to or controls more than 55 patents and applications with two significant additions in calendar 2011. In July 2011 the U.S. Patent and Trademark Office granted Zecotek patent number 7,956,331 B2 for a Depth of Interaction technology, developed to provide improvements in the precision and hence the performance of PET scanning and other medical detection systems. In May 2011 the U.S. Patent and Trademark Office granted Zecotek patent number 7,944,465 for its glasses-free 3D auto-stereoscopic display system.
Zecotek has built an expansive and valuable patent portfolio covering the form and function of its applied technology. Considerable time and resources have been spent in developing this patent portfolio and the Company pursues a vigorous program of patent protection of its core technology assets with frequent patent reviews.
Moving forward the Company will continue to commercialize its products and technologies through strategic alliances with major corporations. Zecotek’s key technologies are market ready and are being use by respected scientific organizations and OEMs. The Company has entered growth markets with products featuring competitive cost and performance superiority and the management team is confident that the Company’s photonics technologies will continue to gain market acceptance.
Zecotek believes that its investment in research and development, human capital, strategic alliances and joint ventures will propel its business forward, ensure leadership status in its technological disciplines and build long term shareholder value.
This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.
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