Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Precision Optics Cuts Staff
Jan 2004
GARDNER, Mass., Jan. 23 -- Precision Optics Corp. announced today it has reduced its full-time workforce by 15 percent, or five employees, in response to delays by an unnamed customer in the introduction of the customer's new cardiac surgical system, which employs a specialty endoscope developed by Precision Optics.

Sales to this customer in the quarter ending on Sept. 30 accounted for 49 percent of Precision Optics’ total revenues.

The company said it is considering other cost-saving measures, and that it will move forward with developing new products, in particular a new generation of its 3-D endoscopes, a prototype 2.7-mm endoscope and instruments uszing its micro-precision lens technology for endoscopes under 1 mm.

For more information, visit:

3-D endoscopesendoscopeslayoffslensesNews & Featuresopticsprecision optics

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.