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Axsun Technologies Announces Strategic Supply Agreement for Integrated OCT Engines with Lantis Laser for Dental Imaging Applications
BILLERICA, Massachusetts (June 3, 2008) – Axsun Technologies Inc., a leading developer and manufacturer of advanced photonic components and subsystems, today announced that the company has entered into multi-million dollar Strategic Supply Agreement with Lantis Laser (Pink Sheets: LLSR). Under this multi-year exclusive agreement for Optical Coherence Tomography (OCT) dental imaging, Axsun will supply the Integrated Optical Coherence Tomography (OCT) Engine for Lantis’ OCT Dental Imaging System™, to be introduced to the market in the first quarter of 2009.
“From Axsun’s perspective, Lantis’ introduction of OCT technology into dentistry provides us with an excellent opportunity to use our expertise in high-volume, cost-effective manufacturing to demanding specifications, for this very exciting worldwide market,” said Dale Flanders, CEO of Axsun.
Stan Baron, President & CEO, concluding on this highly significant announcement, said that, “Axsun’s Integrated OCT Engine enables Lantis to meet the criteria established for wide acceptance of its OCT System: high resolution, up to 10 times that of x-ray; real-time chair-side imaging; no radiation as it is light-based; and, a price that is affordable for most dentists. The technology has finally caught up with the application and put Lantis on target to introduce the OCT into the dental market in the first quarter of 2009”.
About Axsun Technologies
Axsun Technologies, Inc., a Volcano subsidiary, established in 1998, develops and manufactures MEMS-based optical engines for industrial spectroscopy, optical telecommunications and medical imaging, applications. Through its expertise in micro-optics, packaging and precision engineering, Axsun has pioneered an entirely new class of high-performance, miniaturized instruments and devices enabling a dramatic shift from lab based measurements to on-line, at-line and in-vivo measurements, without compromising performance. Axsun was acquired by Volcano in December 2008.
Axsun Technologies, Inc., a Volcano company
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1 Fortune Drive
Billerica MA 01821
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