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Axsun Technologies Announces Strategic Supply Agreement for Integrated
OCT Engines with Lantis Laser for Dental Imaging Applications
BILLERICA, Massachusetts (June 3, 2008) – Axsun Technologies
Inc., a leading developer and manufacturer of advanced photonic components
and subsystems, today announced that the company has entered into
multi-million dollar Strategic Supply Agreement with Lantis Laser
(Pink Sheets: LLSR). Under this multi-year exclusive agreement for
Optical Coherence Tomography (OCT) dental imaging, Axsun will supply
the Integrated Optical Coherence Tomography (OCT) Engine for Lantis’ OCT
Dental Imaging System ™, to be introduced to the market in
the first quarter of 2009.
“From Axsun’s perspective, Lantis’ introduction
of OCT technology into dentistry provides us with an excellent opportunity
to use our expertise in high-volume, cost-effective manufacturing
to demanding specifications, for this very exciting worldwide market,” said
Dale Flanders, CEO of Axsun.
Stan Baron, President & CEO, concluding on this highly significant
announcement, said that, “Axsun’s Integrated OCT Engine
enables Lantis to meet the criteria established for wide acceptance
of its OCT System: high resolution, up to 10 times that of x-ray;
real-time chair-side imaging; no radiation as it is light-based;
and, a price that is affordable for most dentists. The technology
has finally caught up with the application and put Lantis on target
to introduce the OCT into the dental market in the first quarter
of 2009”.
© AXSUN Technologies
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About Axsun Technologies
Axsun Technologies, Inc., established in 1998, develops and manufactures MEMS-based
micro-optical spectrometers and optical channel monitors for pharmaceutical,
chemical and petrochemical, homeland security and telecom network applications.
Through its expertise in micro-optics, packaging and precision engineering, Axsun
has pioneered an entirely new class of high-performance, miniaturized spectroscopic
instruments and devices enabling a dramatic shift from lab based measurements
to on-line and at-line measurements, without compromising performance. Further
information can be found at www.axsun.com.
About Lantis Laser
Lantis was formed to commercialize the application of novel technologies
in the dental industry. The criteria for selected products
include competitive edge,
exclusivity and large market potential. Lantis is currently in Phase 2 development
and plans to launch the OCT Dental Imaging System(TM) in the first quarter
of 2009. Lantis has exclusive rights to the application of
OCT technology in the
field of dentistry under its license Agreements with Lawrence Livermore National
Laboratory (exclusive); LightLab Imaging (non-exclusive) and AXSUN (exclusive).
To find out more about Lantis Laser (LLSR: PK), visit our website at www.lantislaser.com
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