Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Zecotek and Fujikura Ltd. of Japan Sign Manufacturing and Commercialization Agreement

Abstract:
Zecotek Photonics Inc. (TSX VENTURE:ZMS)(FRANKFURT:W1I) today announced that Zecotek Laser Systems Singapore Pte Ltd., a wholly-owned subsidiary, has signed an agreement with Fujikura Ltd., Japan to develop, manufacture and commercialize Zecotek and Fujikura laser products, associated components and systems, including Zecotek's crystal and fiber based lasers and Fujikura's infra-red fiber lasers.

Zecotek and Fujikura Ltd. of Japan Sign Manufacturing and Commercialization Agreement

VANCOUVER, BC, Canada | Posted on March 1st, 2008

"We are delighted to have reached this important manufacturing and commercialization agreement with Fujikura, one of Japan's leading high technology companies," said Dr. Zerrouk, Chairman, President and CEO of Zecotek. "The Fujikura name is well known and highly respected around the world for its sophisticated manufacturing expertise in fiber and photonic systems and components. Our immediate priorities are to begin the transfer to production of Zecotek's new and unique class of fiber lasers, which have received excellent response from the market, and to establish a joint development program for a next generation of infra-red lasers."

Under the terms of the agreement, all intellectual property, products and processes in the field of lasers and lasers related fiber technologies will be 'pooled' into a joint development, manufacturing and commercializing program. The pool that is created will be for the sole use of the said manufacturing program, with both parties retaining all their respective rights to any and all intellectual property and know-how initially brought into the collaboration. The parties will share in any jointly created intellectual property proportional to their relative contribution. The pool will initially comprise Zecotek's solid state and fiber based lasers and Fujikura's newly developed infra-red fiber lasers.

Under the terms of the agreement, the parties have appointed Fujikura as the manufacturer. The agreement also includes a right of first refusal provision for Fujikura to acquire or take another form of equity position in Zecotek Laser Systems with terms to be mutually agreed.

About Fujikura

Fujikura Ltd. is a leading manufacturer of world-class optical fiber communication cables. It is also active in optical components, optical instruments, new electronic and automotive components, and the development of new technologies. Fujikura Ltd. commemorated the 120th anniversary of its founding in 2005. Today, the scope of its business has broadened beyond core cable products for the electrical power industry and plants, and encompasses the electronic equipment, auto and telecommunications industries. Fujikura relentlessly strives to create novel solutions through R&D and has delivered leading products, such as optical fibers and flexible print circuits. For more information, please visit www.fujikura.co.jp.

####

About Zecotek Photonics Inc.
Zecotek Photonics Inc. (TSX VENTURE:ZMS)(FRANKFURT:W1I) is a photonics technology company developing leading-edge products: crystals, photo detectors, lasers, imaging and 3D display technologies, for medical, biotech, industrial, nanotech and atomic/molecular science applications. Founded in 2003, the company has three distinct operating divisions: imaging, lasers and 3D display and labs located in Canada, the United States, Singapore, Malaysia and Russia. Zecotek commercializes its novel, patented and patent-pending photonic technologies directly and through strategic alliances and joint ventures with multinational OEMs, distributors and other industry leaders. For more information, please visit www.zecotek.com.

This press release may contain forward-looking statements that are based on management's expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.

For more information, please click here

Contacts:
Zecotek Photonics Inc. - Product and Technical Information
Susana Mendez Alcala
(604) 827-5232
Email:

or

Zecotek Photonics Inc. - Corporate Information
Michael Minder
CFO; VP Corporate Development
(604) 827-5203

or

Caliber Capital & Communications - Investor Information
Tim McNulty
(778) 327-6678
Email:
Website: www.zecotek.com

Copyright © Marketwire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Groundbreaking research to help control liquids at micro and nano scales July 3rd, 2015

Discovery of nanotubes offers new clues about cell-to-cell communication July 2nd, 2015

Announcements

Clues to inner atomic life from subtle light-emission shifts: Hyperfine structure of light absorption by short-lived cadmium atom isotopes reveals characteristics of the nucleus that matter for high precision detection methods July 3rd, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Groundbreaking research to help control liquids at micro and nano scales July 3rd, 2015

NIST Group Maps Distribution of Carbon Nanotubes in Composite Materials July 2nd, 2015

Photonics/Optics/Lasers

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

Making new materials with micro-explosions: ANU media release: Scientists have made exotic new materials by creating laser-induced micro-explosions in silicon, the common computer chip material June 29th, 2015

Opening a new route to photonics Berkeley lab researchers find way to control light in densely packed nanowaveguides June 27th, 2015

The quantum spin Hall effect is a fundamental property of light June 25th, 2015

Alliances/Trade associations/Partnerships/Distributorships

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Graphene breakthrough as Bosch creates magnetic sensor 100 times more sensitive than silicon equivalent June 28th, 2015

Dyesol Joins Solliance as an Industrial Partner June 17th, 2015

The European project SVARNISH, a step forward in the food packaging sector June 11th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project