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Axsun Technologies' New Spectrometer Honored
with 2004 PITTCON® Editors' Award at Company's
PITTCON Debut

BILLERICA, MA (March 16, 2004) - Describing the product as "a breakthrough in miniaturized, yet powerful NIR spectroscopy," the PITTCON Editors awarded the Bronze prize for best new product to the Axsun NIR-APS (near-infrared application prototyping system) analyzer. PITTCON, the foremost tradeshow for analytical instruments and laboratory equipment, was held last week in Chicago, with approximately 1,200 exhibiting companies and 25,000 attendees from 80 countries participating. According to the panel of editors and journalists covering PITTCON, the judging session for this year's awards produced "one of the closest results in recent years, with little separating the winners of the Gold, Silver, and Bronze awards." Out of the hundreds of new products exhibited at the show, the editors nominated 22, out of which the final awardees were chosen.

"We are extremely honored to have received this prestigious award, particularly given that we are a relative newcomer to the industry - exhibiting this year at PITTCON for the first time," said Jack Kay, president and chief executive officer of Axsun Technologies, Inc. "This award, and the overwhelmingly positive response we received from the show's attendees, demonstrates just how compelling our offering is. Although traditional instrument manufacturers have made strides in adapting their laboratory instruments for non-laboratory use, the Axsun technology platform can fundamentally transform the way measurements are made and applied in manufacturing, QA/QC, and process applications - delivering orders-of-magnitude improvements in reliability, quality, productivity, and performance. We're very excited about the opportunity, and gratified by the tremendous support we have received by potential customers and industry-experts alike."

Rugged, versatile, and designed for the exacting demands and hostile environments of process applications, the Axsun NIR-APS makes real-time, on-the-spot measurements feasible and affordable. Big on features, yet miniature in size, these fully integrated NIR spectrometers can be placed strategically throughout the process line to enable true process-analytical spectroscopy in industrial-manufacturing settings.

The Axsun NIR-APS combines all of the features process applications need in one fully functional, sensor-sized spectrometer - speed, accuracy, resolution, ruggedness, and low cost. Based on Axsun's proven MEMS tunable optical filter, micro-optics, and micro-alignment structures, the Axsun NIR-APS has a broadband semiconductor light source much brighter than traditional sources, yet designed for multi-year lifetime. With Axsun's proprietary wavelength and amplitude referencing module (WARM), the analyzers deliver highly accurate, reliable, and reproducible spectral output. Although this system is optimized for industrial measurements, the Axsun NIR-APS is also well suited for medical, clinical, and environmental applications.

For more details on the PITTCON Editors' Awards, contact:



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About Axsun Technologies
Axsun Technologies, Inc., established in 1999, develops and manufactures advanced components and photonic subsystems used in 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, high-speed industrial process control, and chemical/petrochemical processing, to medical diagnostics, forensics, and scientific discovery. For more information, visit www.axsun.com.

 
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