Opton Laser, LMG Ink European AO Distribution Pact
NORCROSS, Ga., June 8 -- Light Management Group Inc. has signed a letter of intent with French laser technology distributor Opton Laser International (OLI). LMG will provide its acousto-optic technology for assessment with potential application for distribution by OLI. OLI has relationships established with several key players in the European market including British Telecom, France Telecom, Airbus, Aerospatiale, Dassault, Alcatel, Thompson and Pirelli. In the United States, OLI's suppliers include VLOC, CVI, Positive Light, Crystal Laser and High Power Devices.
"The establishment of Light Management's first European distributor is consistent with our vision of developing our products for worldwide application," said Barrington L. Simon, LMG's CEO and chairman. "LMG has now laid the foundation for aggressive business activity in three continents; we will continue to embrace our objective for heightened name recognition and product awareness globally."
Light Management Group Inc. specializes in the development of new applications in optical and light technologies. LMG's breakthrough technology employs sound waves to focus and direct light.
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