SINGAPORE, Sept. 20, 2016 /CNW/ - Zecotek Photonics
Inc. (TSX-V: ZMS; Frankfurt:
W1I.F, OTCPK: ZMSPF), a developer of leading-edge
photonics technologies for industrial, healthcare and scientific
markets, is pleased to announce that its wholly owned subsidiary
Zecotek Imaging Systems has signed an exclusive sales and
distribution agreement with RAM N.S. Technologies (RAM-Tech) for
Zecotek's imaging products in Israel.
"Ram-Tech is very pleased to be awarded with the exclusive
distribution license within Israel
for Zecotek's imaging related products," said Nati Baron, Founder and Chief Executive Officer
of Ram N.S. Technologies Ltd. "We see great potential for Zecotek's
patented LFS scintillation crystals and other imaging technologies.
We believe synergies exist between Zecotek and our existing client
base and technology partners including several world renowned PET
integrators operating within Israel. We will start conducting marketing and
distribution efforts immediately."
"Israel is an important
scientific research hub and a significant market for major
international medical imaging OEMs, and our scintillation crystals,
solid-state photo detectors, data acquisition and readout
electronics for PET scanners and gamma cameras have attracted much
interest," said Dr. A.F. Zerrouk,
Chairman, President, and CEO of Zecotek Photonics Inc. "We chose
RAM-Tech to market and distribute our patented technologies in
Israel because of its first-class
reputation and extensive experience in the Israeli hi-tech and
photonics industries. RAM-Tech is a natural strategic partner with
existing relationships with international medical imaging companies
having R&D and integration centers in Israel. We expect our partnership to generate
sales in the very near future and we look forward to working
closely with RAM-Tech to further develop the market for Zecotek`s
imaging products."
The agreement with RAM-Tech covers Zecotek's broad portfolio of
imaging technologies including LFS scintillations crystals,
solid-state MAPD/Ts, integrated detection modules and other
associated electronics and technologies for PET (positron emission
tomography) medical scanners and other applications.
About RAM-Tech
RAM N.S Technologies is a leading
distributor and integrator of systems, subsystems and components in
Israel. It supplies standard &
semi-custom components, and design & engineering
services to partners and vendors from USA, Europe
and the Far East. For over 30 year RAM-TECH has successfully
represented many products: RF, Microwave, Photonic, Electro-Optic
& Fiber-Optic, Semiconductor, PCB, Cellular, Embedded, ASIC and
other IP, for world leading organizations. The Company's
experienced and highly professional engineering team has
provided application technical support, project management and
design solutions for customers ranging from major OEM
companies to start-ups in industries including Telecommunication,
CATV, Broadcast, Consumer, Medical, Industrial, Bio,
Electro-Optic & Fiber-Optic, Testing & Measurement,
Aerospace and Defense & Security. For more information visit
www.ram-tech.co.il.
About Zecotek
Zecotek Photonics Inc (TSX-V: ZMS;
Frankfurt: W1I) is a photonics technology company developing
high-performance scintillation crystals, photo detectors, positron
emission tomography scanning technologies, 3D auto-stereoscopic
displays, 3D metal printing, and lasers for applications in
medical, high-tech and industrial sectors. Founded in 2004,
Zecotek operates three divisions: Imaging Systems, Optronics
Systems and 3D Display Systems with labs located in Canada, Korea, Russia, Singapore and U.S.A. The management team is focused on
building shareholder value by commercializing over 50 patented and
patent pending novel photonic technologies directly and through
strategic alliances, the European Organization for Nuclear Research
(Switzerland), Beijing
Opto-Electronics Technology Co. Ltd. (China), NuCare Medical Systems (South Korea), the University of Washington (United States), and National NanoFab Center
(South Korea). For more
information visit www.zecotek.com and follow @zecotek on
Twitter.
This press release may contain forward-looking statements
that are based on management's expectations, estimates, projections
and assumptions. These statements are not guarantees of future
performance and involve certain risks and uncertainties, which are
difficult to predict. Therefore, actual future results and trends
may differ materially from what may have been stated.
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SOURCE Zecotek Photonics Inc.