Quintessence Photonics Corporation Releases BrightLase® Semiconductor Laser Modules: Announces Shipments into Medical Applications
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(SYLMAR, CA) Monday November 13, 2006 — Quintessence Photonics Corporation, subsidiary of QPC Lasers, Inc. (OTCBB:QPCI - News), announced today the release of BrightLase® Semiconductor Laser Modules and their shipment to customers into medical applications.
“QPC has shipped lower power products to our customers in the medical market for several years. We are pleased to announce the shipment and successful customer acceptance of our next generation BrightLase® modules at several application specific wavelengths,” stated Paul Rudy, Ph.D., Vice President of Marketing and Sales for QPC.
The laser component of the medical equipment market is estimated to be more than $400 million and is served today with traditional gas, diode, solid state and fiber laser technology. QPC’s BrightLase® Semiconductor Laser Modules are designed to offer a direct semiconductor laser solution with several compelling advantages over traditional laser technology including reduced size, lower system costs, and high power delivered in narrow core diameter fibers at application specific wavelengths in the near infrared and eye-safe range. The addressable medical applications include ophthalmology, dermatology including hair removal, dentistry, varicose vein treatment, and enhanced magnetic resonance imaging of lung and brain tissue.
QPC’s high brightness laser modules utilize BrightLase®, a proprietary advanced semiconductor laser technology that uniquely delivers a high brightness laser beam from a compact, conduction cooled, rugged source. BrightLase® Semiconductor Laser Modules deliver up to 35 Watts and are available at wavelengths including 795nm, 808nm, 976nm, 1064nm, and 1380nm, with additional wavelengths in development. The modules are available in a fiber coupled configuration with fiber diameters as small as 200 micron or without a fiber such that the laser beam is delivered in a collimated output through an exit window of the sealed module. The laser modules can be used directly or as engines for pumping multi-stage fiber and solid state systems.
Forward Looking Statements
This release and other materials released by the Company from time to time contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Company's management as well as estimates and assumptions made by the Company's management. When used in the materials the words "anticipate", "believe", "estimate", "expect", "future", "intend", "plan" or the negative of these terms and similar expressions as they relate to the Company or the Company's management identify forward looking statements. Such statements reflect the current view of the Company with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the sections of the Company's reports filed with the Securities and Exchange Commission entitled "Risk Factors") relating to the Company's industry, the Company's operations and results of operations and any businesses that may be acquired by the Company. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Although the Company believes that the expectations reflected in the forward looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. The following discussion should be read in conjunction with the Company's reports filed with the Securities and Exchange Commission.
About Quintessence Photonics Corporation
Quintessence Photonics Corporation (www.qpclasers.com) is a world leader in the development and commercialization of high brightness, high power semiconductor lasers for the industrial, defense, and medical markets. Founded in the year 2000, QPCI is vertically integrated from epitaxy through packaging and performs all critical fabrication processes at its state-of-the-art high-technology facility in the Los Angeles suburb of Sylmar, CA.
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