SALEM, N.H., June 10, 2009 (GLOBE NEWSWIRE) -- StockerYale, Inc. (OTCBB:STKR.OB), a leading designer and manufacturer of structured light lasers, LED modules and specialty optical fibers for industrial OEMs, medical and defense markets, will unveil five new laser products at Laser World of Photonics in Munich, Germany, June 15-18, 2009, the world's leading international exhibition for laser and optical technologies.
"The introduction of these new products reflects continued R&D investment in our laser module product line, which currently represents the largest segment of our Company," stated Mark W. Blodgett, Chairman and CEO of StockerYale Inc. "Our goal has been to broaden our product offering, including distributed product, to offer our growing customer base innovative laser-based solutions. The Company product and market strategy has focused on both the bio medical instrumentation and defense markets and based upon recent customer orders this strategy is showing meaningful results. "
New products include the Lasiris(tm) PureBeam fiber-coupled laser (405 nm), which is designed for flow cytometry, confocal microscopy, bio-detection, and other high-end applications. Manufactured in the StockerYale Class 100 clean room environment utilizing the Company's proprietary welding technology, it features a single-mode polarization maintaining optical fiber delivery system and provides excellent power stability and wavelength, as well as low noise at the fiber exit.
The new Lasiris(tm) Green PowerLine pattern generator is intended for applications including hot steel inspection, glass inspection, ambient noise environments, targeting and R&D. Available in power from 50 mW up to 200 mW, this structured light laser offers a thermoelectric system that maintains a constant laser diode temperature, resulting in a better lifetime and power stability in addition to external focus capability.
The Company's U.K. subsidiary, Photonic Products Ltd. will unveil three new products: a new range of micro laser diode collimators, which achieve the technically difficult feat of combining high alignment accuracy with a miniature package; a line of variable focus industrial laser diode modules and SANYO's new low-noise, green DPSS laser module for bio-medical and other demanding applications. The SANYO laser module has output power of 10mW and RMS noise level of 0.5% and is part of SANYO's popular DLX range of 532nm DPSS TEC laser modules. Photonic Products Ltd. is an authorized SANYO distributor.
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-K and the Company's quarterly reports on Form 10-Q 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.