Advanced Photonix, Inc. Signs Value Added Reseller Agreement with ACT
For Terahertz Industrial Process Control
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc. ® (NYSE Amex:API) today announced that it has signed a value-added reseller (VAR) for its T-Gauge® industrial terahertz gauging system with Automation and Control Technology, Inc. (ACT).
The T-Gauge® measurement system builds on the companys long history of terahertz products dating back over 10 years with the introduction of the worlds first commercial terahertz system. This new system is ruggedized for deployment on the manufacturing floor for quality assurance and process control. The technology is very adaptable to different sensor configurations, including robotic controls, to support many different applications. The resulting innovative gauge will help manufacturers to improve quality and reduce costs.
Charles Totel, President and CEO of ACT stated, The terahertz technology is the next generation of sophisticated measurement sensors that are destined to eventually displace many nucleonic and x-ray sensor applications. This next generation of safe sensors are capable of measuring multiple layer products and providing high precision measurements for each layer of a product. ACT is excited about the opportunity to provide this new technology to our valued customers. David Pond, EVP & COO of ACT noted, ACT delivers complete industrial gauging solutions (measurement, control and data management) which now include APIs revolutionary T-Gauge® sensor technology. We are proud to be the first VAR in the world to have integrated and placed into production a terahertz sensor in an industrial multi-layer web based process application.
Rob Risser, COO of API commented, We are pleased to welcome ACT to our growing VAR partner network. Manufacturers are constantly looking for ways to reduce cost and improve quality. The industry expertise, application development, and established sales channels capability of our VARs, like ACT, will enable us to more rapidly deliver the improved quality and cost reduction capabilities of terahertz technology to the factory floor in a shorter time horizon.
Both companies are exhibiting at The International Plastics Showcase, NPE, the largest plastics exposition in the Western Hemisphere, in Orlando, Florida from April 1-5, 2012. Each company has their full line of products on display, Picometrix in booth #32055 and ACT in booth #33066.
About Automation and Control Technology, Inc.
ACT places its customers needs first by providing Complete Gauging Solutions for the continuous process industries using a modular open system approach. ACT is active in the plastics, non-woven, coating and converting markets with over 375 years of industry experience, having delivered over 3,000 systems to worldwide customers. ACT solutions encompass not only measurement and control but extend into historical information and reporting via the company wide DataMart product. Solutions include using terahertz, nucleonic, x-ray, NIR, microwave, eddy current, laser and other sensor technology integrated with sophisticated software to meet customer process needs.
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
Source: Advanced Photonix, Inc.Copyright Business Wire 2012