Precision Optics Nabs $1M Endoscope Order
GARDNER, Mass., April 20, 2012 — Optical instruments manufacturer Precision Optics Corp. Inc. announced a $1,032,000 customer order for its Microprecision-based endoscopes. Details of the agreement were not disclosed.
The endoscopic medical devices ordered deliver optical and mechanical specifications that are among the most challenging in the industry, the company said. They rely on proprietary Microprecision technology for fabrication and assembly of lenses and prisms with sizes less than 1 mm.
The purchase order is contingent upon the successful validation testing of prototype units and the execution of an acceptable supply agreement delivery schedule.
“We have made the development of our Microprecision technology a priority over the last few years and are pleased at the recognition in the marketplace of the potential for these new capabilities,” said Joseph Forkey, president and CEO of Precision Optics Corp. “We look forward to satisfying the validation requirements of this order and to beginning production as soon as possible.”
For more information, visit: www.poci.com