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Microcap & Penny Stocks : Photonics Corp(PHOX BB)= DTC DATA TECH (DTEC BB) -- Ignore unavailable to you. Want to Upgrade?

To: John Liu who wrote (56)	1/6/1998 9:36:00 AM
From: robert m evans	Read Replies (1) \| Respond to of 102

Here is a press release, date unknown, but definitly after merger. Photonics Corporation of Milpitas, Ca. Doing business under DTC Data Technology Under this agreement, Photonics Corp. licensed the technology, products, trademarks and service marks relating to its infrared Local Area Network business to Moldat for a royalty payment. Photonics, d/b/a DTC Data Technology will help Moldat in marketing the Infrared products in the U.S., while focusing on IDE and SCSI controller card business. Moldat will use Photonics 1mb technology and products to augment its 10 mb business. Details about Photonics : Photonics (the "Company" or "PHTX") incorporated in 1985, designs, develops, and markets wireless network products which offer unique and cost-effective connectivity solutions based on diffuse infrared technology. The Companys products create instant wireless local area networks (WLANs) among portable and desktop computer users, and seamlessly connects them with existing wired local area networks (LANs) enhancing and extending wired networks for mobile computer users. Photonics' products are a foundation for wireless access to the data and resources of a facility's wired network, including shared disks, databases, printers, and modems, all possible while users remain mobile throughout their facility. Creating a fully functioning network, Photonics products support peer-to-peer groupware applications such as shared screens, electronic white boards, electronic mail, file sharing, and group calendaring in any ad hoc situation. The strength of PHTX is its diffuse infrared technology which is a breakthrough approach to wireless local area networking and one which offers significant advantages over its radio-based competitors. The market for the wireless network products is intensely competitve and many of the companies that compete with PHTX have greater financial (and other) resources than the Company. Photonics has agreements with IBM, Comtron(& NTT-IT) from Japan and Apple. The agreement significance is expansion of Moldat activity area and line of product at data rate up to 1 Mbps in addition to the technology of Moldat wireless LAN at very high speed IR link.