Zecotek Receives $1.5M Order for Lutetium Fine Silicate Scintillation Crystals from Hamamatsu Photonics

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Zecotek Photonics
ZMSPF
today announced that its wholly owned subsidiary Zecotek Imaging Systems Pte. Ltd. has received a US$1,500,000 order for its patented Lutetium Fine Silicate (LFS) scintillation crystals from its strategic partner Hamamatsu Photonics (Tokyo: 6965) of Japan.  This second order of LFS scintillation crystals is generated to be used by a third party OEM of positron emission tomography (PET) medical scanning devices. "Hamamatsu is actively marketing Zecotek's patented LFS scintillation crystals," said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc.  "PET manufacturers are recognizing the cost/performance/IP advantages of using the LFS scintillation crystal. I am very pleased with the efforts of our strategic partner Hamamatsu. The LFS technology was well covered at the recent Nuclear Science Symposium and IEEE conference in Seoul, Korea and in front of thousands of Hamamatsu's customers at the November Photon fair in Japan. Our joint imaging projects are well on their way." On July 16, 2013 Zecotek and Hamamatsu announced a strategic partnership to commercialize existing imaging technologies and to collaborate on the upgrade and manufacture of photo
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