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Monday July 16, 1:57 pm Eastern Time
Press Release
SOURCE: Essex Corporation
Agilent Technologies Evaluates Essex Hyperfine WDM(TM)
COLUMBIA, Md., July 16 /PRNewswire/ -- Essex Corporation (OTC Bulletin Board: ESEX - news), the inventor and current developer of low-cost and high-resolution Hyperfine WDM(TM), announces that Agilent Technologies, Palo Alto, CA, is evaluating Hyperfine technology for application to lightwave communications.
At a demonstration of the Essex Hyperfine WDM(TM) 6.25 GHz demultiplexer in conjunction with the National Fiber Optic Engineers Conference in Baltimore, MD, Len Moodispaw, President and CEO of Essex noted, ``We are very proud and excited that Agilent, a leading manufacturer of test and measurement solutions for DWDM systems and optical components, is the first outside company to conduct a lab evaluation of this new technology.''
He also stated, ``Soon we expect to receive a contract from Lockheed Martin to explore other applications for Hyperfine technology. Terms of the contract have not been finalized; a further announcement will be made when the contract is signed.''
About Essex: Founded in 1969 with headquarters in Columbia, MD, Essex (OTC Bulletin Board: ESEX - news) is an experienced and respected optical and communication engineering company that designs and builds creative solutions for complex problems. For more information, contact Essex Corporation, 9150 Guilford Road, Columbia, MD 21046; phone 301.939.7000; fax 301.953.7880; E-mail ir@essexcorp.com; or on the Web at www.essexcorp.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company's actual results could differ materially from those discussed in or implied by such forward-looking statements. Factors that might cause such differences include but are not limited to the ability of Essex Corporation to raise necessary development funds, enter into strategic relationships with key industry participants, develop and build optoelectronics devices and protect and defend its intellectual property, and changes in technology, technical obsolescence, changes in customer needs, new product developments, competitive factors in the industry and uncertainty of market acceptance.
SOURCE: Essex Corporation
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