GARDNER, Mass., June 17, 2015 (GLOBE NEWSWIRE) -- Precision Optics Corporation, Inc. (OTCQB:PEYE) (the "Company") today announced that in partnership with OmniVision Technologies, Inc. ( www.ovt.com ) and Fujikura, Ltd. ( www.fujikura.com ), it has developed a camera module with a diameter of only 1.6 mm and 400 x 400 pixel resolution, representing the best image quality of any camera module of this size. The camera module is available for purchase as a stand-alone sub-assembly, or can be customized and incorporated into a completed medical device by Precision Optics.
This module combines the state-of-the-art technologies of each of the three partnering companies and utilizes OmniVision's OV6946 CameraChip™ sensor, Fujikura's flexible printed circuit technology, and Precision Optics' Microprecision™ technologies for designing and fabricating micro-optics and assembling them onto the CMOS sensor to form the camera module. Precision Optics offers further design and engineering services to assist its customers in the development of their medical device instruments, including complete visualization and illumination systems incorporating various proprietary optical technologies.
Visit the Company's website at http://www.poci.com/cmos-image-guide-endoscop...n-6946.php to view a video demonstration of the high quality imagery of this new CMOS camera module system.
In a release by OmniVision dated June 15, 2015, OmniVision named POC a Preferred Solutions Provider and stated, "We welcome this collaboration with POC and Fujikura to develop an ultra-small camera module with best image quality, low power consumption and ease of integration for reusable endoscopes and other medical applications." Fujikura stated, "The 160K CIS's small footprint and power efficiency are critical features for this application area, and the solution is further complemented by the exceptional image quality made possible by both OmniVision's OV6946 sensor and POC's Microprecision lens."
Precision Optics' CEO Joseph Forkey commented, "We have a long and successful history of partnering with our customers to develop and manufacture custom medical devices that incorporate our proprietary micro-optics technologies. We believe OmniVision's newest sensor and Fujikura's micro-electronics capabilities are ideally suited to POC's ongoing efforts to develop the smallest medical devices in the world with the highest possible image quality for minimally invasive medical applications. I am proud of our entire team at POC to have been named a preferred solutions provider by OmniVision."
Product inquiries may be directed to Chuck Gerlowski, POC's Director Business Development, at 978-630-1800 x153, cgerlowski@poci.com or info@poci.com .
About Precision Optics Corporation
Precision Optics Corporation has been a leading developer and manufacturer of advanced optical instruments since 1982. Using proprietary optical technologies, the Company designs and produces next generation medical instruments, Microprecision TM micro-optics with characteristic dimensions less than 1 millimeter, and other advanced optical systems for a broad range of customers including some of the largest global medical device companies. The Company's innovative medical instrumentation line includes state-of-the-art endoscopes and endocouplers as well as custom illumination and imaging products for use in minimally invasive surgical procedures. The Company believes that current advances in its proprietary micro-optics and 3D imaging technologies present significant opportunities for expanding applications to numerous potential medical products and 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 .
About Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include, but are not limited to, statements that express the Company's intentions, beliefs, expectations, strategies, predictions or any other statements related to the Company's future activities or future events or conditions. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by the Company's management. These statements are not guarantees of future performances and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors, including those risks discussed in the Company's annual report on Form 10-K and in other documents that we file from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this report, except as required by law.
PRECISION OPTICS CORPORATION 22 EAST BROADWAY GARDNER, MASSACHUSETTS 01440-3338 Telephone 978 / 630-1800 Telefax 978 / 630-1487
