StockerYale Introduces the Lasiris™ PureBeam Fiber-Coupled Laser
StockerYale's largest R&D initiative over the last three years is expected to significantly impact laser revenues due to new medical and biomedical applications
SALEM, N.H.--(BUSINESS WIRE)--StockerYale, Inc. (NASDAQ: STKR - News), a leading independent designer and manufacturer of structured light lasers, LED modules, specialty optical fibers for industry leading OEMs and other photonics-based products, today announced the introduction of the Lasiris™ PureBeam laser, a revolutionary fiber-coupled diode laser with wavelength offerings from violet to near infrared.
Manufactured in StockerYale's Class 100 clean room environment, the PureBeam laser is a temperature-stabilized device with integrated drive electronics and laser-welded mechanical components. The product delivers exceptional coupling stability via a single-mode optical fiber system that is supplied by StockerYale's specialty fiber division for many of the PureBeam laser models. In addition, the unit's thermoelectric cooler helps to maintain a constant laser diode temperature, resulting in excellent wavelength and output power stabilities, as well as a long lifetime.
StockerYale will debut the PureBeam fiber-coupled laser at the Biomedical Optics and the Photonics West exhibitions in San Jose, CA, from January 20-25. Additionally, the Company will showcase this novel fiber-coupled laser at other various medical, biomedical and industrial trade show exhibitions in 2007.
"The PureBeam laser will enable StockerYale to break into new markets such as spectroscopy, fluorescence, confocal microscopy, and DNA sequencing, which require laser sources with extremely high output power stabilities," said Nicolas Cadieux, VP of Sales for StockerYale's Illumination group. "In addition to those new medical and biomedical applications, the PureBeam laser will also be an attractive technology for traditional industrial applications, such as machine vision and industrial inspection, where StockerYale is well known and has an established client base," Mr. Cadieux added.
StockerYale's expertise in optical lens design and modeling enables the Company to provide a real competitive advantage to its laser technology platform. In addition to projecting complex structured light patterns, the PureBeam laser is also compatible with StockerYale's new refractive optic beam shaping technology, the patent pending Flat-Top² Generator.
"The PureBeam laser represents the Company's most significant R&D initiative over the last three years and its introduction will allow StockerYale to enter a wide range of untapped industries and applications," said Mark W. Blodgett, Chairman and Chief Executive Officer. "For the first time ever, we expect to generate significant laser sales in the medical and biomedical industries, which represent larger, faster growing markets for lasers than traditional industrial audiences," added Blodgett.
About StockerYale
StockerYale, Inc., headquartered in Salem, New Hampshire, is an independent designer and manufacturer of structured light lasers, LED modules, and specialty optical fibers for industry leading OEMs. In addition, the company manufactures fluorescent lighting products and phase masks. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, telecommunication, sensors, and medical markets. StockerYale has offices and subsidiaries in the U.S., Canada, and Europe. For more information about StockerYale and their innovative products, visit the Company's web site at www.stockeryale.com
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact, including without limitation, those with respect to StockerYale's goals, plans and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uncertainty that cash balances may not be sufficient to allow StockerYale to meet all of its business goals; uncertainty that StockerYale's new products will gain market acceptance; the risk that delays and unanticipated expenses in developing new products could delay the commercial release of those products and affect revenue estimates; the risk that one of our competitors could develop and bring to market a technology that is superior to those products that we are currently developing; and StockerYale's ability to capitalize on its significant research and development efforts by successfully marketing those products that the Company develops. Forward-looking statements represent management's current expectations and are inherently uncertain. You should also refer to the discussion under "Factors Affecting Operating Results" in StockerYale's annual report on Form 10-KSB and most recent quarterly report on Form 10-QSB for additional matters to be considered in this regard. Thus, actual results may differ materially. All Company, brand, and product names are trademarks or registered trademarks of their respective holders. StockerYale undertakes no duty to update any of these forward-looking statements.
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