Advanced Photonix, Inc. Announces Sale of T-Ray 5000 to China
ANN ARBOR, Mich., April 2, 2013
ANN ARBOR, Mich., April 2, 2013 /PRNewswire/ --Advanced Photonix® (NYSE MKT:
API), the leading supplier of terahertz systems to industry, announced today
that it has sold a T-Gauge® terahertz sensor to Shanghai Gaojing in Shanghai,
China. The system, equipped with a high-speed line scanner, will be
integrated into a new security platform being developed as part of a major
national program for security instrumentation.
Shanghai Gaojing Radiography Technology Co., a major supplier of baggage
inspection systems, has purchased the latest in industrial terahertz systems,
the T-Gauge® terahertz sensor from API. Terahertz has shown significant
capability in detecting explosives, drugs, and other threats in packages or
checked bags. The T-Gauge® sensor was chosen because of its robust
performance, its high-speed data acquisition, and its ease of integration.
The purchase was made with the assistance of the Terahertz Research Center of
Tianjin University. Both Shanghai Gaojing and Tianhin University are
participating in a national program that is focused on integrating the
terahertz system into a security scanner to detect explosives, drugs and other
threats. This national program, with close to 40 participating research groups
and $10 million in funding, has been formed to develop a new generation of
security instruments that will be based on terahertz technology and be used to
detect dangerous items such as drugs or explosives. There is significant
demand for this type of equipment in transportation, national security,
pharmaceutical research, and generally to safeguard the public. Tianjin will
perform the research portion of the investigation, and Shanghai Gaojing will
supply the systems integration. The T-Gauge® was purchased through SkyRay OE,
API's distributor in China.
"We are excited to be able to represent API in bringing the latest in
terahertz technology to the Chinese market. API is known for supplying the
best in terahertz products for industry and research," said Runxuan Wang, of
The T-Gauge® terahertz sensor is the second product in the next generation
T-Ray 5000 product platform. The first product, the Saf-T-Chek ADS®, is
focused on the security market, and is meant for non-imaging detection of
anomalies concealed under headgear or clothing. The T-Gauge® sensor, designed
for online process control, can be used for imaging, as well as gauging,
applications. When coupled with the high-speed line scanner, the T-Gauge®
provides imaging capability that exceeds all other pulsed terahertz products.
"This sale represents the first step in what we expect to be a strengthening
of our marketing and sales efforts into the Chinese market. We are focused on
building our product sales, into the industrial process control market and the
homeland security market worldwide," 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.
Torrey Hills Capital
SOURCE Advanced Photonix, Inc.
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