Navigation Links
Precision Optics Corporation Announces $1 Million Order for Microprecision™ Based Endoscopes
Date:4/19/2012

GARDNER, Mass., April 19, 2012 /PRNewswire/ -- Precision Optics Corporation, Inc. (OTCQB:PEYE) (the "Company") today announced that it has accepted a customer order for $1,032,000 for delivery of endoscopes.  The purchase order is contingent upon successful completion of validation testing of prototype units, and execution of a mutually acceptable supply agreement specifying, among other items, the delivery schedule.

The endoscopes ordered represent state-of-the-art medical devices with optical and mechanical specifications that are among the most challenging in the industry.  They rely heavily on the Company's proprietary Microprecision™ technology for fabrication and assembly of lenses and prisms with sizes less than 1 mm.

Commenting on the order, Joseph Forkey, Company President and CEO, said, "We have made the development of our Microprecision™ technology a priority over the last few years and are pleased at the recognition in the marketplace of the potential for these new capabilities.  We believe many additional applications for our Microprecision™ technology exist, especially in medical devices where the highest quality optical performance coupled with the smallest possible size can produce medical benefits for patients and opportunities for new procedures for our customers.  We look forward to satisfying the validation requirements of this order and to beginning production as soon as possible."

About Precision Optics Corporation 

Precision Optics Corporation has been a leading developer and manufacturer of advanced optical instruments since 1982.  The Company designs and produces next generation medical instruments, Microprecision™ micro-optics with characteristic dimensions less than 1 millimeter, and other advanced optical systems based on the Company's state-of-the-art optical technologies. The Company's innovative medical instrumentation line includes Lenslock™ laparoscopes, arthroscopes, and sinuscopes, as well as endocouplers and a world-class product line of 3D endoscopes for use in minimally invasive surgical procedures. The Company's website is www.poci.com. Investors can find Real-Time quotes and market information for the Company on www.otcmarkets.com/stock/PEYE/quote

This news release contains forward-looking statements that involve risks and uncertainties.  You should not place undue reliance on these forward-looking statements.  The Company's actual results could differ materially from those anticipated in the forward-looking statements for many reasons.  Such risks are described in reports The Company files with the Securities and Exchange Commission including The Company's annual report on Form 10-K.  Although the Company believes the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made.  The Company does not intend to update any of the forward-looking statements after the date of this new release to conform these statements to actual results or to changes in its expectations, except as required by law. 


'/>"/>
SOURCE Precision Optics Corporation, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Life Technologies Launches GeneArt® Precision TALs
2. Precision Antibody Expands Antibody Characterization Services
3. Precision Therapeutics Enhances Their Straightforward Approach to Personalizing Cancer Care
4. Cogmedix Provides High-Precision Subassembly for LensAR Revolutionary Refractive Laser
5. Boston Scientific Receives FDA Approval for New Infinion™ 16 Percutaneous Lead for Precision Plus™ Spinal Cord Stimulator System
6. TIs new MSP430™ microcontrollers enable more performance and higher precision in home automation, industrial and portable medical applications
7. Upgraded ACCF/ AHA/ SCAI Guidelines Reinforce Benefits of Volcanos Precision Guided Therapy Technologies
8. TechPrecision Corporations WCMC Division Adds Second Sapphire Customer
9. Vapotherm® Announces FDA Clearance for Precision Flow® Heliox System
10. FDA Awards Precision Antibody Contract to Develop Monoclonal Antibodies for Influenza Vaccine Potency Assays
11. Precision Therapeutics Named on Inc. 500
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/1/2020)... ... July 01, 2020 , ... The final entry deadline ... is Tuesday, July 28. , The International Business Awards are widely considered ... attracted more than 4,000 nominations from organizations in more than 70 nations. , ...
(Date:6/28/2020)... , ... June 27, 2020 , ... CPAP Store USA, ... machines along with other respiratory devices, is growing and expanding at a rapid rate. ... store location in Texas - CPAP Store Dallas, located at 3920 Rosemeade Parkway, Suite ...
(Date:6/25/2020)... ... , ... The Heritage Downtown Active Senior Living Apartment Homes in Walnut Creek, ... positive cases of the coronavirus in the United States to date, their announcement is ... their family members, as well as the Walnut Creek community. , “Our staff ...
Breaking Medicine Technology:
(Date:7/4/2020)... ... July 03, 2020 , ... MemoryCare.com , a ... the Best Memory Care Facilities in Charleston, South Carolina. The guide identifies 5 ... , According to the Alzheimer’s Association , 5.6 million people age ...
(Date:7/2/2020)... ... July 02, 2020 , ... Allegheny Health Network (AHN) today announced that John ... (CMIO), effective immediately. Dr. Lee succeeds Robert White, MD, who announced his plans ... of the year to help support a seamless transition. , Dr. Lee joins AHN ...
(Date:7/1/2020)... Fla. (PRWEB) , ... July 01, 2020 , ... ... LLC specializing in the clinical development of psychedelics and analogues, announces its core ... combined experience in natural product drug discovery, novel formulations, and as distinguished researchers ...
(Date:6/28/2020)... ... June 26, 2020 , ... Medisend College ... high-quality, intensive education and training that prepares graduates for professional careers as field ... of the Board of Trustees. , Ms. Williams currently serves as Associate Vice ...
(Date:6/28/2020)... ... June 27, 2020 , ... The secret of surviving a pandemic with one’s ... toilet paper. Yet, it was the first product to disappear off the shelves when ... you have stockpiled, the less need to venture out, the longer you can “survive”. ...
Breaking Medicine News(10 mins):