CHECK THIS OUT: NEW HOT DWDM PLAY:
Precision Optics Corporation Announces Introduction of DWDM-Class Narrowband Optical Filters
PR News Wire via Dow Jones
GARDNER, Mass., April 29 /PRNewswire/ -- Precision Optics Corporation, Inc.
(Nasdaq: POCI) announced today the availability of a series of prototype narrow
bandwidth (under 1-nanometer) optical filters for use in Dense Wavelength
Division Multiplexer (DWDM) optical communications systems.
DWDM-Class narrowband filters of this type may be used in DWDM devices
consisting of up to approximately 40 channels. The Company is currently
supporting product evaluation tests of these filters with several potential
customers.
This achievement represents the culmination of concentrated research and
development efforts conducted over the past year, and one more significant step
toward a major presence in the optical communications marketplace. The Company
believes that these efforts should lead to significant future sales.
Forward-looking statements contained in this news release are made under "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995 and
involve a number of risks and uncertainties that could materially affect future
results. Among these risk factors are general economic and business conditions
and growth in the optical communications and medical product markets, the impact
of competitive products and pricing, availability of third-party components,
cost and yields associated with production of the Company's optical
communications and other products and the other risk factors and cautionary
statements listed from time to time in the Company's periodic reports filed with
the Securities and Exchange Commission, including but not limited to, the
Company's Annual Report on Form 10-KSB for the year ended June 30, 1997.
Precision Optics Corporation provides high quality optical thin film coatings
used in a variety of high technology applications including optical
communications, Microlithography, Semiconductor Processing, Photomasks, and
Advanced Imaging. In addition, Precision Optics Corporation designs, develops,
manufactures and markets specialized optical systems and components. Its
products and services as an original equipment manufacturer include a line of
laparoscopes and arthroscopes as well as other medical instruments, industrial
optical systems, lens systems for night-vision equipment, and advanced optical
systems design and development.
|
