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Monday, April 2, 2012

Advanced Photonix announces release of new product for non-destructive testing

http://www.reuters.com/article/2012/04/02/idUS130377+02-Apr-2012+BW20120402
04/02/2012 | Press release
Advanced Photonix, Inc. Introduces New Terahertz Product at NPE
wired by noodls on 04/02/2012 07:54


ADVANCED PHOTONIX, INC. INTRODUCES NEW TERAHERTZ PRODUCT AT NPE
T-Gauge® for Industrial Market
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API), announces today that it is introducing a new terahertz product at the National Plastics Exposition (NPE) in Orlando, Florida. The new system, called T-Gauge®, was developed for the industrial market to be used on the factory floor for quality and process control, including manufacturers of web processing and converting products.
The ability of terahertz energy to penetrate non-conducting materials combined with the system's high speed data processing enables non-destructive inspection of web based products with feedback for continuous process adjustments.® is non-nuclear and provides sensitivity to both physical and chemical composition changes in products. It has the ability to measure single and multi-layer thickness, density, basis weight, and can detect subsurface defect and delamination which can be used to monitor process and product quality.
API is the first company to commercialize terahertz technology and deploy it to the factory floor through the use of its patented fiber-coupled sensors. This enabling technology gives manufacturers the flexibility to mount the sensors on a scanning frame without contacting or impeding the product, and to collect more information than previously possible to control the manufacturing process for tighter tolerances, resulting in cost savings and improved quality.
"We are excited to introduce the T-Gauge® system. This technology is aimed at replacing nuclear gauges while improving quality control and saving material at our customers. Web processing and converting is one of many markets we are working with globally to take the terahertz technology to the factory floor. API, along with our value-added reseller channel, is driving hard to optimize our product offering to meet the needs of the industrial market," said Richard Kurtz, CEO of API.
About Advanced Photonix, Inc.
Advanced Photonix, Inc.® (NYSE Amex: API) is a leading supplier with a broad offering of optoelectronic products to a global customer base. We provide optoelectronic solutions, high-speed optical receivers and terahertz instrumentation for telecom, homeland security, military, medical and industrial markets. With our patented technology and state-of-the-art manufacturing we offer industry leading performance, exceptional quality, and high value-added products to our OEM customer base. For more information visit us on the web at www.advancedphotonix.com.
The information contained herein includes forward looking statements 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 which may prevent or slow the development and/or manufacture of new products; potential problems with the integration of the acquired company and its technology and possible inability to achieve expected synergies; obstacles to successfully combining product offerings and lack of customer acceptance of such offerings; limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company; and a decline in the general demand for optoelectronic products. API-G
Advanced Photonix, Inc.
Richard Kurtz, (734) 864-5688
IR@advancedphotonix.com

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