Avensys Tech, a Division of Avensys Inc, Announces Purchase Order of Differential Phase Shift Keying (DPSK) Demodulators
17 April 2007 - 2:00PM
PR Newswire (US)
Leading Supplier of DPSK Demodulators Receives Milestone Order
Worth More than USD$1.4 Million MONTREAL, April 17
/PRNewswire-FirstCall/ -- Manaris Corporation (OTC Bulletin Board:
MANS; Frankfurt WKN: A0F5LD), the publicly-traded holding company
of Avensys Inc, a leading manufacturer and distributor of fiber
optic components and integrator of instrumentation and turn-key
systems for environmental monitoring, today announced that Avensys
Tech, a division of Avensys Inc, has received more than USD$1.8
million worth of orders from its blue-chip customers who are
leading global telecom suppliers. Among these orders is the
purchase of Avensys' DPSK demodulators, in excess of USD$1.4
million. Avensys Tech is the leading supplier of DPSK demodulators
and these orders, upon delivery, represent a milestone with the
number of DPSK demodulators shipped by Avensys moving to beyond
1,000 units. This is a milestone not only for Avensys, but for the
DPSK technology itself. "We have every confidence that Avensys has
the greatest market penetration of DPSK demodulators deployed in
the field to date and we continue to significantly improve our
position within this market. We are pleased to have received this
significant purchase order for our DPSK demodulators from one of
our major customers," said Martin d'Amours, president and CEO of
Avensys Inc. "Furthermore, it is a testament to the acceptance of
the technology in the market," said Mr. d'Amours. "What had been,
for some time, thought to be future generation technology has
quickly seen present day acceptance. The recent recognition and
acceptance of DPSK technology by the telecom market represents a
landmark for the Company and indicates to us that DPSK is a growing
and emerging product line for Avensys Tech." About Avensys Inc.
Avensys Inc. is a wholly owned subsidiary of Manaris Corporation
(OTCBB: MANS, Frankfurt WKN: A0F5LD). Avensys, through its
manufacturing division Avensys Technologies, designs, manufactures,
distributes, and markets high reliability optical components and
modules as well as FBGs for the telecom market and high power
devices and sub-assemblies for the industrial market. Avensys is
also a pioneer in the development of packaged fiber-based sensors
and possesses leading edge intellectual property. Avensys
Solutions, is an industry leader in providing environmental
monitoring solutions for air, water and soil, as well as
geostructure in the Canadian marketplace. Avensys is also a pioneer
in the development of packaged fiber-based sensors and
instrumentation and possesses leading edge intellectual property.
For more information, please visit http://www.avensys.com/.
Forward-Looking Statements: Except for historical information
contained herein, the statements in this news release are
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve known and unknown risks
and uncertainties, which may cause a company's actual results,
performance and achievement in the future to differ materially from
forecasted results, performance, and achievement. These risks and
uncertainties are described in the Company's periodic filings with
the Securities and Exchange Commission. The Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof, or to reflect the occurrence
of unanticipated events or changes in the Company's plans or
expectations. For more information, please contact: DATASOURCE:
Manaris Corporation CONTACT: Truc Nguyen, Deputy Managing Director,
The Global Consulting Group, +1-646-284-9418, or Web site:
http://www.avensys.com/
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