Thursday February 21, 6:30 am ET
Company Increasing Value Through Innovation
SYLMAR, Calif.--(BUSINESS WIRE)--QPC Lasers, Inc. (OTCBB:QPCI - News) ?QPC,? a world leader in the design and manufacture of high brightness, high power semiconductor lasers for the consumer electronics, industrial, defense, and medical markets, announces that it was granted a new patent from the United States Patent and Trademark Office. The company now holds seven issued patents and nine patents pending.
?This new patent further expands the protection of our intellectual property portfolio to cover new technologies in areas relevant to important new product developments,? said President and CEO, Jeff Ungar, Ph.D. ?Building out our patent portfolio helps to preserve our position of technology leadership in the high power laser diode arena and to defend the competitive advantage of our products. This generates added value for our shareholders and increases our overall value proposition as a company.?
Patent number US 7269195, titled ?Laser Diode With an Amplification Section That has a Varying Index of Refraction,? protects a concept unique to QPC for combating the self-focusing phenomenon found in other high powered laser diodes. Self-focusing causes conventionally designed laser diodes to produce poor quality beams when operated at high power, and QPC?s technological solutions for overcoming problems of this nature are key to providing the Company with its strong competitive advantage.
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 QPC Lasers, Inc.
QPC Lasers, Inc. (www.QPClasers.com) is a world leader in the development, manufacture and distribution of high-brightness, high-power semiconductor lasers for the consumer electronics, defense, homeland security, industrial, and medical markets. Founded in the year 2000, QPC 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. QPC is a publicly traded U.S. company (OTC BB: QPCI.OB) and is ISO certified.
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For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Friday, February 22, 2008
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