Zecotek Appoints U.S. Distributor for its New Line of Fiber Lasers; First Trial Order Received from Major Customer
Vancouver, October 22, 2007 – Zecotek Medical Systems Inc. (TSX-V: ZMS; Frankfurt: W1I) today announced the appointment of Market Tech, Inc. as their exclusive U.S. sales representative for Zecotek’s new line of fiber laser products. Market Tech is a privately-held corporation based in Scotts Valley, CA which provides distribution and sales representation for a variety of photonics manufacturers. With the appointment of Market Tech, Zecotek has received its first order for the GLF-540-0.2 Green Fiber Laser series from a major U.S. based customer.
“Market Tech has a first-rate reputation and track record with key U.S. based customers and provides an excellent complement to our portfolio of fiber lasers,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek. “We are delighted that they have already initiated the first purchase order with a major U.S. customer.”
“Zecotek’s fiber lasers will be highly attractive to a broad range of customers including OEM manufacturers who are looking for different powers at specific wavelengths,” said Phillip Crowley, President & CEO of Market Tech, Inc. “We look forward to working with Zecotek.”
Zecotek is developing a rich portfolio of new-generation of fiber lasers and sub-systems. Zecotek’s first fiber laser product, the GLF-540-0.2 Green Fiber Laser, operates in the whole green spectral range and offers significant competitive advantages over existing solid-state and gas lasers, with higher energy efficiency, a more compact design, and delivery of high power with superior beam quality.
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About Market Tech
Market Tech, Inc. is a privately-held California Corporation based in Scotts Valley, CA. The company provides distribution and sales representation for a variety of photonics manufacturers. Market Tech’s product focus is in lasers, optics, fiber-optics, sensors and optical instrumentation for applications in Life Science, Medical, Telecom and Research markets. All Market Tech sales staff have an engineering background in either lasers, instrumentation or optics. Market Tech has extensive experience in sales and marketing of Laser, Optical Instrumentation and Fiber Optic products. For more information on Market Tech please visit http://www.markettechinc.net.
Zecotek Medical Systems (TSX-V: ZMS; Frankfurt: W1I) is a photonics technology company developing high-performance crystals, photo detectors, medical lasers, optical imaging and 3D display technologies for commercial applications in the medical diagnostics and high-tech industry. Founded in 2003, the company has three distinct operating divisions: medical imaging, medical lasers and 3D display and labs located in Canada, Singapore and Russia. Zecotek commercializes its novel, patented and patent-pending bio-photonic technologies directly and through strategic alliances and joint ventures with multinational OEMs, distributors and other industry leaders. For more information, please visit Zecotek Photonics.
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 additional information please contact:
Zecotek Medical Systems, Inc.
MICHAEL MINDER CFO;
VP Corporate Development
T: (604) 827-5203
Caliber Capital Partners
T: (778) 327-6678 E:firstname.lastname@example.org
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