StockerYale’s COBRA™ 500 LED Line Illuminator Named Product Of The Month by Photonics Tech Briefs
High LED Die Packing Density Ideal For OEM Medical & Security
Applications
Salem, NH, May 11, 2004 - - StockerYale, Inc., (NASDAQ: STKR), a leading independent provider of photonics-based products, announces that its COBRA™ 500 LED Line Illuminator was named product of the month by Photonics Tech Briefs in its April 2004 edition and was chosen as one of eight product finalists nominated to compete for Photonics Tech Briefs’ 2004 Product of the Year Award.
The Company’s COBRA 500 is a pioneering LED Line Illuminator that delivers up to 500,000 lux of extreme brightness and intensity. This advancement in performance is a result of StockerYale’s proprietary, patent pending, chip-on-board reflective array technology where significant advances in optical efficiency and thermal transfer are realized. The Company announced the availability of its COBRA, (chip-on-board reflective array), technology in August 2003.
The COBRA technology is a cost-effective solution when compared to large-chip high flux sources. It can be applied to both one- and two-dimensional arrays. By applying this technology to industry standard lighting configurations such as area lights, ring lights, spot lights, and backlights, increased lighting efficiencies will be realized since COBRA enables excellent optical efficiency on highly thermally conductive substrate technologies.
Light Emitting Diodes (LEDs) have long been recognized as an energy efficient, long-lasting, illumination source that can be configured into virtually any geometric pattern or shape.
The COBRA 500 Line Illuminator is available in stackable 50 cm units, with a range of mounting options. It is a flexible, cost-effective illumination solution ideal for web and surface inspection applications or wherever an intense, long-lasting light source is a requirement. In addition, the Company also markets its COBRA technology to select OEM customers for design-in projects in the security and medical industries. The Company’s versatile LED based illumination solutions are also serving in a rapidly growing number of advanced machine vision and inspection applications.
About StockerYale
StockerYale, Inc., headquartered in Salem, NH, is an independent designer and manufacturer of structured light lasers, light emitting diodes, (LEDs), fiber optic, and fluorescent illumination technologies as well as specialty optical fiber, phase masks, and diffractive optics for use in a wide range of markets and industries including the machine vision, telecommunications, aerospace, defense and security, utilities, industrial inspection, and medical.
StockerYale serves a widely varied, international customer base
and reinvests a significant percentage of its revenues in R&D
to meet the future requirements of its customers. StockerYale has
offices and subsidiaries in the U.S., Canada, Europe, and
the Pacific Rim.
For more information about StockerYale and their innovative products,
contact StockerYale, Inc.(NASDAQ-NMS:STKR) , 32 Hampshire Rd., Salem,
NH, 03079. Call 800-843-8011; Fax 603-893-5604; Email .
Notice to Investors:
This press release contains forward-looking statements that do not give full weight to all the potential risks, but relate to StockerYale's plans, objectives, and expectations, which are dependent upon a number of factors outside of StockerYale's control including, but not limited to: uncertainty that StockerYale's new photonics-based products launched in 2002 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. You should also refer to the discussion under "Certain Factors Affecting Operating Results" in StockerYale's form 10K 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.
This press release also 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 relating to, among other things, the Company's future operating results and sales trends. Reliance should not be placed on forward looking statements because they involve known and unknown risks, uncertainties and other factors which are in some cases, beyond the control of StockerYale, which may cause the actual results, performance or achievements of the Company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements.