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Advanced Photonix Inc.

BioPhotonics
Jan 2013
Advanced Photonix Inc. (API) of Ann Arbor, Mich., has separated its CEO and board chairman positions to strengthen its global expansion. The change will allow the management team to devote its attention to meeting customer needs, said Donald C. Pastor, API’s new nonexecutive board chairman. He will monitor implementation of business strategies, development of enhanced reporting mechanisms and communication between the board and company executives. Richard Kurtz, API ’s CEO since 2003 and president since 2006, will continue to oversee the optoelectronics company’s day-to-day operations. The company’s offerings have applications in the medical sector.


GLOSSARY
optoelectronics
A sub-field of photonics that pertains to an electronic device that responds to optical power, emits or modifies optical radiation, or utilizes optical radiation for its internal operation. Any device that functions as an electrical-to-optical or optical-to-electrical transducer. Electro-optic often is used erroneously as a synonym.
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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