http://finance.yahoo.com/news/advanced-photonix-inc-continues-industrial-143100217.html
ANN ARBOR, Mich.--(BUSINESS WIRE)--
Advanced Photonix, Inc.® (NYSE Amex: API) today announces that it has received orders from its value-added reseller, Thermo Fisher Scientific, for its T-Gauge® industrial terahertz (THz) gauging system. These systems are scheduled to be delivered late in second quarter of this fiscal year and deployed on the factory floor shortly thereafter.
The T-Gauge® measurement systems will be utilized for quality control of multilayer commercial industrial products. The system will measure the layers and provide feedback for adjusting the amount of material to ensure the quality of the product and reduce material costs. The advantage of the T- Gauge® system is that it can measure the layers directly in real-time and closer to the source than other technologies, making a bigger impact on the manufacturing processes.
The T-Gauge® system is designed to be deployed on the industrial factory floor for process and quality control applications requiring non-contact measuring of physical properties such as; multiple layer thickness measurements, density, contamination by foreign substances, sub-surface defects within a product and moisture analysis. The T-Gauge® is non-nuclear and operates at speeds that make it ideal for web processing and converting solutions. The system can be used on-line or off-line to help manufacturers to improve quality and reduce costs by collecting more information and tightening tolerances than previously available.
“This marks the first sale of our new T-Gauge® measurementsystem for deployment on the factory floor and our continued penetration into the industrial market with our world leading terahertz instrumentation. This is an exciting time for us and our partners as we are beginning to see real traction in the market,” commented Richard Kurtz, President and CEO.
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
Contact:
Advanced Photonix, Inc.
Richard Kurtz, (734) 864-5688 begin_of_the_skype_highlighting (734) 864-5688 end_of_the_skype_highlighting
IR@advancedphotonix.com
Richard Kurtz, (734) 864-5688 begin_of_the_skype_highlighting (734) 864-5688 end_of_the_skype_highlighting
IR@advancedphotonix.com
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