Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > Zecotek Receives Frost & Sullivan Technology Award for Medical Imaging

Abstract:
Zecotek Photonics Inc. (TSX-V:ZMS) (Frankfurt:W1I) today announced that it has received the prestigious Frost & Sullivan 2009 Enabling Technology Award in the PET (positron emission tomography) and PET/CT (computed tomography) medical imaging markets. Zecotek received this Award in recognition of the Company's research and development and clinical validation achievements for its next-generation scintillation crystals and solid-state photo detector technology.

Zecotek Receives Frost & Sullivan Technology Award for Medical Imaging

VANCOUVER, BC, Canada | Posted on December 10th, 2008

"We are extremely impressed with Zecotek's best practices in strategic alliances and technology development of medical imaging products," said Travis Chong, Industry Analyst, Medical Devices, Healthcare of Frost and Sullivan. "We expect their advanced scintillation crystals and solid-state photo detectors to act as a springboard to delivering next-generation oncology and neurology imaging equipment, such as the first-ever combined PET/MRI scanner, accelerating the delivery of truly personalized medicine to the general public."

"Being recognized for our leading edge technologies, which allow for improved and less expensive oncology and neurology diagnostics, is second only to delivering better health care to more people," said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek. "At Zecotek we are driven by the needs of our community and our reward is seeing our new technologies being put into action and helping those around us."

Zecotek Photonics distinguished itself from its competitors through its best practices in strategic alliances and technology developments for its medical imaging products. The Company is favorably positioned as a global competitor due to:


1) Integrating a portfolio of technologies to create higher
resolution and compact medical imaging devices;
2) Receiving patents for its LFS scintillation crystals in
multiple countries including: USA, China, Europe, Russia,
Japan and Canada;
3) Achieving a series of pending and granted patents for its novel
MAPD solid-state photo detector;
4) Filing a number of patent applications for its important, novel
Depth of Interaction design considerations.

"What truly stands out about Zecotek is that development, commercialization, and IP protection of its enabling technologies have all been accomplished since the company's inception only five years ago in 2003," concluded Mr. Chong.

Zecotek Photonics continues to achieve significant steps in the evolution of its industry-changing technologies. The Company has secured strategic partnerships with a number of pioneers both within and outside the medical imaging arena. The company's ability to secure strategic partnerships and joint ventures with Northrop Grumman, Fujikura Ltd, and Frost & Sullivan award winner Malaysian Institute for Microelectronics Systems (MIMOS), speaks volumes of the implementation of best practices in founding a truly global presence for its enabling technologies.

The recent agreements with T.E.M. Incorporated of Japan and Toyo Ram, an Israel distributor, have established secure channels to market through strategic alliances with top-tier industry participants around the globe, ensuring its ability to meet high volume demands and deliver cost-effective products. The Company also continues to validate and create new clinical value for its technologies, especially in the oncology, neurology, imaging arena leading to enhanced patient management and clinical outcomes.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting, and Growth Team Membership(tm) empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnership Services, visit www.frost.com.

####

About Zecotek Photonics Inc.
Zecotek Photonics Inc. (TSX-V:ZMS) (Frankfurt:W1I) is a photonics technology company developing high-performance crystals, photo detectors, lasers, optical imaging and 3D display technologies for commercial applications in the medical diagnostics and high-tech industries. Founded in 2003, the company operates three distinct divisions: imaging, lasers and 3D display, with labs located in Canada, USA, Singapore 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.

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

For more information, please click here

Contacts:
Zecotek Photonics Inc.
Product and technical information contact:
Susana Mendez Alcala
(604) 827-5232


Caliber Capital Partners
Investor information contact:
Tim McNulty
(778) 327-6678

Copyright © GlobeNewswire, Inc.

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

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Imaging

Nanoscale CL thermometry with lanthanide-doped heavy-metal oxide in TEM March 8th, 2024

First direct imaging of small noble gas clusters at room temperature: Novel opportunities in quantum technology and condensed matter physics opened by noble gas atoms confined between graphene layers January 12th, 2024

The USTC realizes In situ electron paramagnetic resonance spectroscopy using single nanodiamond sensors November 3rd, 2023

Observation of left and right at nanoscale with optical force October 6th, 2023

Announcements

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024

Finding quantum order in chaos May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Grants/Sponsored Research/Awards/Scholarships/Gifts/Contests/Honors/Records

Aston University researcher receives 1 million grant to revolutionize miniature optical devices May 17th, 2024

Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024

Chemical reactions can scramble quantum information as well as black holes April 5th, 2024

Discovery of new Li ion conductor unlocks new direction for sustainable batteries: University of Liverpool researchers have discovered a new solid material that rapidly conducts lithium ions February 16th, 2024

Photonics/Optics/Lasers

Aston University researcher receives 1 million grant to revolutionize miniature optical devices May 17th, 2024

With VECSELs towards the quantum internet Fraunhofer: IAF achieves record output power with VECSEL for quantum frequency converters April 5th, 2024

Nanoscale CL thermometry with lanthanide-doped heavy-metal oxide in TEM March 8th, 2024

Optically trapped quantum droplets of light can bind together to form macroscopic complexes March 8th, 2024

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




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project