Market Overview

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


Zecotek Photonics (OTC: 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

See full press release

Posted-In: News Guidance Contracts Management Global


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