Advanced Photonix, Inc. Receives $1.5M in Terahertz Contract Funding for F-35 Aircraft Quality Control

  Advanced Photonix, Inc. Receives $1.5M in Terahertz Contract Funding for
  F-35 Aircraft Quality Control

Business Wire

ANN ARBOR, Mich. -- April 25, 2012

Advanced Photonix, Inc.^® (NYSE Amex: API), today announces it has been
awarded a follow on 21 month contract from the Air Force for $1.5M to provide
terahertz process control instrumentation to support production of the F-35
Joint Strike Fighter (JSF). The contract is a commercialization pilot program
(CPP) award to ensure the quality of specialty stealth coatings applied by
Northrop Grumman to a sub-system on the F-35. The purpose of the CPP is to
accelerate the transition of Small Business Innovation Research funded
technologies to Phase III production and deployment purchases by the DoD.

Previous Phase I and II contracts demonstrated feasibility in the lab and in
Northrop Grumman’s facility. This contract funds further application and
system development culminating in delivering two production units for
deployment on the manufacturing floor by the end of 2013. Once completed, the
system will consist of the T-Ray 4000^® control unit which is connected to a
miniature terahertz transceiver via a flexible umbilical up to 100 meters in
length mounted onto an existing robot arm within a paint booth. The
fiber-optic coupled terahertz (THz) technology employed is well suited to the
application, as the sensors are small, light weight and freely positionable. A
hand-held version that would allow measurement on cured coatings without the
robot is also planned.

The proposed system and software will not only be able to function as a
real-time sensor for applying the sprayed-on stealth coating on the F-35 for
the Air Force, but also other coatings of interest to the Army and Navy. In
addition to these coating applications, the sensors could be applicable for
monitoring and inspecting coatings and paints applied in industrial settings,
such as automobile manufacturing.

“Demonstrating the capability of our equipment in a paint booth shows just how
robust our terahertz system has become,” stated Richard (Rick) Kurtz, Chairman
and CEO of API. “The success of this contract will allow us to penetrate many
applications in both military and industrial markets providing significant
long term growth for our T-Ray^® product line.”

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
IR@advancedphotonix.com
 
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