Advanced Photonix Engages Torrey Hills Capital for Investor Relations
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc. ® (NYSE Amex: API), is pleased to announce it has retained Torrey Hills Capital, Inc. (Torrey Hills Capital), located in Rancho Santa Fe, California, to act as investor relations consultants to the Company. Nitsan Hargil, CFA is the Managing Director at Torrey Hills Capital in charge of technology and will be responsible for activities related to API.
In our efforts to increase and improve communication with our current and prospective investor base, we have selected Torrey Hills Capital to expand our national exposure and provide us with strategic investor relations services, said Richard Kurtz, Chairman and Chief Executive Officer of Advanced Photonix (API). Torrey Hills Capital was selected based on its demonstrated capabilities and excellent references from both customers as well as the professional and investor communities. We expect that Torrey Hills Capital will enable us to more effectively communicate with our investors, analysts, and widen our exposure to the professional investment community.
Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and micro-cap companies. Torrey Hills Capital will increase awareness about Advanced Photonix through its established relationships with investment professionals, investment advisors, and money managers focused on the micro-cap market space. This will allow the Company to build and maintain an informed investor audience in the marketplace.
Torrey Hills Capital also will develop a profile on Advanced Photonix for coverage on its website, www.babybulls.com, a website developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven micro-cap investors.
We are excited to partner with Advanced Photonix, commented Nitsan Hargil, Managing Director at Torrey Hills Capital. Management has a proven record of success and we like what the Company is doing in terms of developing cutting edge technology. We look forward to introducing this quality management team to our network of investors.
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
Torrey Hills Capital
Nitsan Hargil, CFA
Source: Advanced Photonix, Inc.Copyright Business Wire 2012