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Deposition Sciences Inc. - Difficult Coatings - LB - 8/23

Avensys to Acquire ITF Optical Assets

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MONTREAL, April 6, 2006 -- Avensys Inc. announced yesterday it will acquire most of the assets of ITF Optical Technologies Inc. (ITF), a manufacturer of all-fiber passive photonic components and modules. Both companies are based in Montreal. Avensys, a wholly-owned subsidiary of Manaris Corp., provides sensor and networking solutions for the monitoring of outdoor, commercial and industrial environments. In a statement announcing the buyout, Avensys said it broadens the company's product offerings, provides it with state-of-the-art facilities for growth and increases its distribution channels,as most of Avensys'...Read full article

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    Published: April 2006
    Glossary
    component
    1. A constituent part. It may consist of two or more parts cemented together, or with near and approximately matching surfaces. 2. The projection of a vector on a certain coordinate axis or along a particular direction. 3. In a lens system, one or more elements treated as a unit. 4. An optical element within a system.
    optical
    Pertaining to optics and the phenomena of light.
    sensor
    1. A generic term for detector. 2. A complete optical/mechanical/electronic system that contains some form of radiation detector.
    AvensysbuyoutCommunicationscomponentdefensefiber opticsindustrialITFITF LaboratoriesmonitoringNews & FeaturesopticalOpticssensorSensors & Detectorstransaction

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