Zecotek Opens LFS Crystal Production Facility in Shanghai,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
40
Zecotek Opens LFS Crystal Production Facility in Shanghai, China

VANCOUVER, British Columbia, July 03, 2018 (GLOBE NEWSWIRE) -- Zecotek Photonics Inc. (“ Zecotek ” or the “ Company ”) (TSX-V: ZMS ) (Frankfurt: W1I ) (OTCPK:ZMSPF), a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that its has initiated the production of the first batch of its patented lutetium fine silicate (LFS) scintillation crystals at its wholly owned and operated LFS Crystal Production Facility in Shanghai, China. On Monday, July 2, 2018 Zecotek’s technicians prepared the newly installed industrial ovens and started the process of large boule crystal growth. An official opening ceremony of the facility is scheduled for July 30, 2018 where local officials, customers and employees will inspect the new state-of-the-art facilities and initial crystal products.

“This is a strategic milestone for Zecotek as we begin inhouse production of our patented scintillation crystals at our LFS Crystal Production Facility in Shanghai,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “I would like to thank our business development and technical teams for their tireless hard work with the renovation, installation and setup of the production facility. By establishing our own crystal factory, we control the quality and costs of our crystals, and the security of our intellectual property which provides security, stability of supply and continuity to our customers and builds value for our shareholders. Over the next 30 days we are hosting existing and new customers, to inspect the facility and witnessing the growth of our LFS crystals.”

The ISO certified LFS Crystal Production Facility has sufficient capacity to meet the delivery schedule of our Tier 1 clients and will be expanded to meet growing demand in late 2018.

Zecotek's patented LFS scintillation crystals are grown using the Czochralski method with internal modifications. The proprietary crystal growing process begins with lutetium fine silicate in a specialized industrial crystal growing oven. Dopant impurity atoms are added in precise measurements to create the base for the growing the large boules. By controlling the temperature gradients of the oven, and the rate of pulling and speed of rotation of the rod-mounted seed crystals, technicians extract a large, single crystal, cylindrical ingot from the oven approximately 14 days later.

Using the Czochralski growing method Zecotek’s technicians produce very large-diameter boules with uniform properties and without cracking (a problem with many competing scintillation materials). This method is highly efficient and produces a larger number of high-quality elements from each boule.

The LFS Crystal Production Facility also includes a laboratory for cutting, polishing and array assembly. The lab is ready to receive the first LFS crystal boules schedule for completion in mid-July.

About Zecotek Zecotek Photonics Inc. (TSX-V: ZMS ) (Frankfurt: W1I ) (OTCPK:ZMSPF) is a photonics technology company developing high-performance scintillation crystals, photo detectors/sensors, positron emission tomography technologies, 3D auto-stereoscopic displays, 3D metal printing, and lasers for applications in medical, high-tech and industrial sectors.  Founded in 2004, Zecotek operates three divisions: Imaging Systems, Optronics Systems and AutoTronics Systems with labs located in Canada, Korea, Russia, Singapore and U.S.A. The management team is focused on building shareholder value by commercializing over 50 patented and patent pending novel photonic technologies directly and through strategic alliances with Hamamatsu Photonics (Japan), the European Organization for Nuclear Research (Switzerland), Shanghai EBO Optoelectronics Technology Co. (China), NuCare Medical Systems (South Korea), the University of Washington (United States), and National NanoFab Center (South Korea), the Malaysian Institute of Micro-electronics.  For more information visit www.zecotek.com and follow @zecotek on Twitter.

This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.

For Additional Information Please Contact: Zecotek Photonics Inc. Michael Minder T: (604) 783-8291 ir@zecotek.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this news release. If you would like to receive news from Zecotek in the future please visit the corporate website at www.zecotek.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Servier's Data on Tovorafenib Shows Promise in pLGG

Updated Category News Views 433

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Continue Reading
Novo's Research Unlocks New Insights into Food Noise

Updated Category News Views 382

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

Continue Reading
Breakthrough T1D Pushes Global T1D Awareness Forward

Updated Category News Views 231

Shining a Light on T1D with Global Efforts In a world where a change in lifestyle can happen at the drop of a hat, Breakthrough T1D is making waves by expanding their global "See T1D" campaign in honor of World Diabetes Day. This isn't your run-of-the-mill awareness push—this is about propelling an understanding of what life truly entails for those living with type 1...

Continue Reading
PASCAL's Holiday Gift Edit: Timeless Watches Shine

Updated Category News Views 338

Fresh Sparkle for the Holidays Well, here we are again, staring down the barrel of another holiday season. And what do you know, PASCAL is out with its 2026 Holiday Gift Edit, like clockwork. This is the kind of stuff they’re good at—capturing a moment, slapping some color on it, and calling it a game-changer. Launching on November 14, this edit nods to their Timeless...

Continue Reading
EZaccessMD Data Breach: Class Action Lawsuit Looms

Updated Category News Views 271

Data breaches are the bogeyman no one wants lurking in the shadows, and when it’s your personal info at stake, folks rightfully squirm. This recent fiasco at EZaccessMD is one of those unsettling incidents. The word on the street isn't pretty: sensitive medical data has slipped through the cracks, leaving Edelson Lechtzin LLP, a heavyweight in class action maneuvers, to...

Continue Reading
YSTUDIO's Pens: A Nod to the Power of Writing

Updated Category News Views 445

Slow Down, Write On: A New Era for Stationery In a world where sentiments zip around with a swipe, here we find YSTUDIO tapping into something analog and profound. Their latest offerings—a 'Brand Day Gift Box' and the 'Inner Universe' pen series—are more than just high-end stationery. They’re an invitation to reconnect with the written word, a gesture to slow our...

Continue Reading
EFICYENT Ventures to Connect at Singapore FinTech Fest

Updated Category News Views 204

Why the Singapore FinTech Festival Matters The world's hardly a stranger to hype, but the Singapore FinTech Festival carries some real weight. From November 18 to 20, 2026, this gig isn't just industry chatter—it's a high-stakes convergence of policymakers, financial institutions, fintech innovators like EFICYENT, and the money folk looking to mold the future of...

Continue Reading
WHO and RCSI Bahrain Join Forces on Health Initiatives

Updated Category News Views 155

Forging a Healthier Pathway In a world where healthcare challenges rise faster than my blood pressure during a stock market crash, the World Health Organization (WHO) and the Royal College of Surgeons in Ireland (RCSI) – Medical University of Bahrain have inked a deal to tackle these issues head-on. The memorandum of understanding (MoU) signed on November 15, 2026,...

Continue Reading
SmallRig Boosts Art-Driven Innovation in AI Era

Updated Category News Views 212

The Interplay of Art and AI In a world where the lines between man and machine blur faster than ever, creators like SmallRig are boldly asking: what role should authenticity play when AI takes the stage? The Shenzhen International Art Museum and SmallRig stood shoulder to shoulder, tackling this head-scrambling question with a global gathering of art and tech giants. It's...

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 190

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading

Top 5 Most Recently Viewed Articles

Top Growth Stocks to Consider: Nvidia, Super Micro, Royal Caribbean

Updated Category News Views 255

Exploring High-Performing Stocks After the Pandemic Following the pandemic, the stock market has experienced a remarkable recovery, largely driven by advancements in artificial intelligence and a resurgence in travel demand. Among the standout performers in this landscape, three companies have particularly excelled, showcasing impressive growth potential. Let’s delve...

Continue Reading
Dandy® Celery Innovates Back-to-School Snacking Options

Updated Category News Views 58

Dandy® Celery Offers Innovative Snacking for Back-to-School Dandy® Produce, a leading name in fresh celery, is here to support families as they navigate back-to-school routines. They provide a variety of quick and healthy meal and snack options. Their fresh-cut celery sticks are a perfect addition to school lunches, afterschool snacks, and even quick sides for busy...

Continue Reading
Nebius Group: A Thriving Alternative in AI Computing Sector

Updated Category News Views 453

Nebius Group N.V. Takes on Major Hyperscalers Analyst Alexander Platt from D.A. Davidson & Co. recently launched coverage on Nebius Group N.V. (NASDAQ: NBIS) with a Buy rating, showcasing a promising future as an alternative to leading hyperscalers in the AI computing space. Transforming AI Computing with Transparent Solutions The ever-evolving demand for AI solutions has...

Continue Reading
Innovative Waste Tracking Enhances Hospital Sustainability Efforts

Updated Category News Views 123

Enhancing Hospital Sustainability Through Waste Management In today's driven healthcare landscape, managing waste effectively is more important than ever. remedi, a notable player in the regulated medical waste processing sector, has recently announced an expansion of its waste tracking and reporting capabilities. This initiative aims to assist hospitals in gaining...

Continue Reading
Insights on Core Molding Technologies Stock Movements

Updated Category News Views 148

Core Molding Technologies Stock Activity Overview Recently, there’s been significant trading activity surrounding Core Molding Technologies Inc (NYSEMKT:CMT). Renee R. Anderson, the Executive Vice President of Human Resources, sold shares valued at $32,094. This sale involved 1,783 shares, each priced at $18.00, which caught the attention of both investors and market...

Continue Reading