This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Advanced Photonix, Inc. Appoints Shimadzu Precision Instruments As Terahertz Sales Representative For Japanese Market

ANN ARBOR, Mich., Aug. 12, 2013 /PRNewswire/ -- Advanced Photonix® (NYSE Amex: API), the leading supplier of terahertz systems to industry, announced today that it has appointed Shimadzu Precision Instruments as a sales representative for the Japanese Market, and giving exclusivity for the Japanese Ministry of Defense and the Japanese Aerospace market.  

(Logo: http://photos.prnewswire.com/prnh/20130304/LA69982LOGO)

The ability of terahertz energy to penetrate non-conducting materials allows measurement of thickness, density, and certain material properties that can be used to monitor the quality of the product being produced.  The wide frequency content and high precision of the T-Gauge™ system provides sensitivity to both physical and chemical changes in the product.  The T-Gauge product has been used to assist in the application and removal of specialty coatings, and in the final inspection of the assembly of the F-35 Joint Strike Fighter.  As this airframe goes into production and deployment with our allies, the requirement for inspection will increase at both factories and repair depots.

"The addition of Shimadzu as a representative extends our reach into the international market and is a further step in capitalizing on the work we have done on various military and aerospace programs," said API CEO Richard Kurtz. "We are pleased to be working with Shimadzu Precision Instruments, an established and respected member of the test and measurement instrumentation community.  This is expanding the number of future aerospace applications, customers and worldwide markets for our T-Gauge™ systems."

About Shimadzu Precision Instruments, Inc. (SPI)

Shimadzu Precision Instruments, Inc. (SPI) provides full service representation for U.S. manufacturers in the Japan aerospace and defense markets, from basic sales and shipping to new business development assistance.  "We are very excited at the opportunity to introduce Advanced Photonix's cutting edge technology to our customer base in Japan.  We believe there are many opportunities waiting to be explored," said Tim Itamura, Vice President of Military Business Operations for SPI.

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



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,493.37 -69.93 -0.42%
S&P 500 1,925.15 -5.52 -0.29%
NASDAQ 4,352.6390 -17.1340 -0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs