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Axsun Technologies Announces Strategic Supply Agreement for Integrated OCT Engines with Lantis Laser for Dental Imaging Applications
BILLERICA, Mass, June 3 /PRNewswire/ -- 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 (TM), 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."
About Axsun
Axsun Technologies, Inc., established in 1998, develops and manufactures
advanced components and photonic subsystems used in industrial process
control, test and measurement applications, and throughout the world's
communication networks. Axsun has applied its expertise in micro-optics and
precision engineering to pioneer an entirely new class of fully functional,
miniaturized spectroscopic instruments and devices that enable dramatic
improvements in quality, productivity, and performance across a variety of
industries -- from pharmaceutical manufacturing and chemical/petrochemical
processing, to medical devices and diagnostics, forensics, and scientific
discovery. For more information, visit 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
(Pink Sheets: LLSR), visit our website at www.lantislaser.com
SOURCE Axsun Technologies Inc.
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Copyright © 2009, NewsBlaze,
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