Advanced Photonix Inc. Announces $205,000 Production Order for Use in Medical Diagnostic Application.Business Editors CAMARILLO, Calif.--(BUSINESS WIRE)--Sept. 7, 2000 Advanced Photonix Inc.(R) (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :API), a leading supplier of innovative, silicon-based electro-optical products and technology solutions to a worldwide OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customer base, today announced that it has booked a follow-on production order of $205,000 from The Roche Group for additional optoelectronic assemblies used in a fluid analysis system. This order forms a continuation of a four-year relationship between Advanced Photonix and Roche. Commenting on the order, API's President and Chief Executive Officer, Brock Koren said: "We continue to expand our core products into new market segments and increase our OEM customer base. Looking forward, we are in the process of numerous customer evaluations of our photonic Dealing with light (photons). See photon and photonics. technology, and we are optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op with regard to broad market acceptance, and we continue to believe that long-term opportunities are significant." The custom hybrid photodiode A light sensor (photodetector) that allows current to flow in one direction from one side to the other when it absorbs photons (light). The more light, the more the current. Used to detect light pulses in optical fibers and other light-sensitive applications, it works the opposite of a is intended for use in Roche's Miditron(R) urinalysis urinalysis (y  r'ənăl`ĭsĭs), clinical examination of urine for the purpose of medical diagnosis. system. The Miditron(R) is a semi-automated urine test strip analyzer and is the first and only instrument to account for the various examination methods known in urinalysis, to link the data obtained without peripheral PC equipment and to edit a user-defined total result (urine profile). The order was taken by API's German distributor, AMS AMS - Andrew Message System Technologies GmbH, http://www.ams.de. The Roche Group is one of the world's leading research-based health-care groups active in the discovery, development and manufacture of pharmaceuticals and diagnostic systems. Additional information on The Roche Group can be found at http://labsystems.roche.com/. Advanced Photonix is a high-technology company that designs and manufactures silicon photodetectors, optoelectronic hybrid assemblies and proprietary solid-state large area avalanche photodiodes. More information on Advanced Photonix is available at http://www.advancedphotonix.com. The information contained herein includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, unforeseen technological obstacles that may prevent or slow the development and/or manufacture of new products, limited (or slower than anticipated) customer acceptance of new products that have been and are being developed by the company and a decline in the general demand for optoelectronic products. |
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