PHPG 1.10/1.30....had this release out after 4p today. Now...PHPG has been quiet a LONG time. The fact that they have now had 3 press releases out in the space of 3 weeks..all of them positive to one degree or another, indicates to me that the company has adopted a more aggressive stance ref getting their story out. I do not think they would be doing this unless they thought the future of the company at this point registers somewhere from pretty decent to very good.
(COMTEX) B: New Product Announcement From Laser Optics, a Photonic Product
Group Company ( PRNewswire-FirstCall )
B: New Product Announcement From Laser Optics, a Photonic Products Group Company
( PRNewswire-FirstCall )
NORTHVALE, N.J., Apr 26, 2004 /PRNewswire-FirstCall via COMTEX/ -- Laser
Optics, a Photonic Products Group, Inc. company (OTC Bulletin Board: PHPG),
announced today that it will describe a new product in a poster session paper
which it is presenting at the international Ultrafast X-rays 2004 Workshop in
San Diego, CA this week. The paper has been co-authored with researchers from
the University of Duisburg-Essen in Germany, and describes the Company's new
germanium bent-crystal X-ray focusing mirror. The complete poster session paper
may be seen at www.laseropticsinc.com.
Advances in medicine, pharmacology, biology, genomics, electronics, and
photonics, and other fields are accelerating. Behind this trend are rapid
advances in the abilities of scientists to bring new tools to bear on
understanding and characterizing the structure and behavior of diverse
materials, from proteins to semiconductors, while they are undergoing rapid
time-based processes of all kinds. The International Ultrafast X-Rays Workshop
brings together leading scientists in the ultrafast laser community and leading
accelerator X-ray researchers with the goal of stimulating and highlighting what
is possible today and what is needed tomorrow to capture insights into material
processes measured with time resolutions in the range of 10(-13) seconds (100
femtoseconds).
The new Laser Optics product is a critical component which has the potential to
contribute in an important way to enabling a rapidly expanding new field of
research that uses ultra-fast lasers to stimulate X-ray emissions and uses X-ray
diffraction measurements to characterize transient changes in the materials
under study.
Dr. Thomas Caughey, Vice-President of Research and Development explained, "Our
Laser Optics team produced this new component using our exceptional expertise in
optical component fabrication and advanced metrology. In our new X-ray mirror we
demonstrated many 'firsts': in precision, in orientation accuracy, in
"thinness," and in curvature of single germanium crystals bent to conform
precisely to a curved substrate. This resulting X-ray mirror for the first time
enabled researchers to achieve an X-ray spot-size, or resolution, of 80 microns
at the measurement wavelength of interest, in ultrafast measurements. These
mirrors have now been used successfully, as reported by our first customers, in
laser induced, time-resolved X-ray diffraction studies of semiconductors. Their
results are exciting in that these super-high resolution X-ray analysis methods
can be applied equally well to other materials in other areas of interest. In
the future, this technology is expected to provide new information as well about
the dynamics of biological processes, with time resolutions of better than a
millionth of a millionth of a second."
Dan Lehrfeld, President and CEO of PPGI commented, "Speaking for our entire
team, we are pleased to have been given the opportunity by Dr. Professor D. von
der Linde and his colleagues at the Institute of Experimental Physics in the
University of Duisburg-Essen to show what we can do. True to our Company
paradigm: "Products Enabling Photonics," our new germanium bent crystal toroidal
X-ray mirror will help to enable scientists all over the world to "see" things
not seen before, and to uncover information that will lead to new scientific and
technological advances in many fields."
Photonic Products Group, Inc. develops, manufactures, and markets products and
services for use in diverse Photonics industry sectors via its expanding
portfolio of distinct business units. Its INRAD business unit specializes in
crystal-based optical components, devices and instruments. Its Laser Optics
business unit specializes in precision custom optical components, assemblies,
and optical coatings. Its customers include leading corporations in the Defense
and Aerospace, Laser Systems, and Process Control and Metrology Equipment
sectors of the Photonics Industry, as well as the U.S. Government. Its products
are also used by researchers at National Laboratories and Universities
world-wide.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this press release that are not purely
historical are forward looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These
statements may be identified by their use of forward-looking terminology such as
"believes," "expects," "will," "plan," or similar words. Such forward-looking
statements involve risks and uncertainties that could cause actual results to
differ materially from those projected. Risks and uncertainties that could cause
actual results to differ materially from such forward looking statements are,
but are not limited to, uncertainties in market demand for the Company's
products or the products of its customers, future actions by competitors, and
other factors discussed from time to time in the Company's filings with the
Securities and Exchange Commission. The forward looking statements made in this
news release are made as of the date hereof and Photonic Products Group, Inc.
does not assume any obligation to update publicly any forward looking statement.
SOURCE Photonic Products Group, Inc.
CONTACT: Daniel Lehrfeld, President and CEO of Photonic Products Group
Inc., +1-201-767-1910, Fax - +1-201-767-9644, dlehrfeld@inrad
com
URL: laseropticsinc.com
prnewswire.com
Copyright (C) 2004 PR Newswire. All rights reserved.
-0-
KEYWORD: New Jersey
INDUSTRY KEYWORD: CPR
OTC
SUBJECT CODE: PDT
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