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March 1999
NEWS & FEATURES
Physicians Perform Pediatric Laser Eye Surgery
LOS ANGELES, Calif., March 31 -- An ophthalmic laser technique approved for adults by the Food and Drug Administration just last November has been used for the first time to treat a child. The patient, 12-year-old Kiley Bedwell, had 20/20 vision in his right eye but was legally blind in his left. Although the FDA's guidelines for the procedure limit its use to an adult population -- as do those...
Fischer Imaging, GE Medical Swap $6 Million in Stock
DENVER, Colo., March 31 -- Fischer Imaging Corp. announced an agreement with General Electric Company on behalf of its Medical Systems under which 62% of the 1,333,333 shares of Fischer Series D...
Photographic Technique Assists Laser Fusion Experiments
HUNTSVILLE, Ala., March 31 -- An old photographic technique is helping scientists on the cutting edge of laser research. The Astrophysics Branch in the Space Sciences Laboratory at NASA's Marshall...
Spectra-Physics Revises Expectations
MOUNTAIN VIEW, Calif., March 31 -- Spectra-Physics announced that it expects to report lower than anticipated net sales, ranging from $30 million to $32 million, for the first quarter ending April 2,...
Laser-Generated X-Rays Help Scientists Watch Atoms Move
SAN DIEGO, Calif., March 30 -- A group of researchers at the University of California-San Diego has devised a laser-based method for peering into the high-speed world of atoms and directly observing...
Deutsche Telekom, France Telecom and Sprint Squelch Rumor
KANSAS CITY, Mo., March 30 -- Responding to press speculation of financial troubles at the Global One joint venture, the three parent companies -- Deutsche Telekom, France Telecom and Sprint --...
Data Translation Announces Stock Buyback Plan
MARLBORO, Mass., March 30 -- Data Translation, Inc.'s Board of Directors has approved the purchase of up to $1,000,000 of its shares of common stock over the remainder of the year. The purchases will...
FiberCore Completes German Plant Expansion
CHARLTON, Mass., March 30 -- FiberCore, Inc. says it has completed its Jena, Germany, plant expansion. The expansion more than doubles both preform and fiber capacity. Management expects that this...
Lasertec International Secures Major Financing
ATLANTA, Ga., March 30 -- Lasertec International, Inc. has secured a financing commitment of $40 million from Lilly Beter Capital Group, Ltd. The Company says the money will fund new product rollout...
AT&T Closes $8 Billion Bond Offering
NEW YORK, NY, March 29 -- AT&T completed the world's largest global bond offering, exceeding company expectations and earning a place in the corporate history books. This transaction broke...
Five LED Video Displays Set for Ballparks
ORLANDO, Fla., March 29 -- Display Technologies, Inc. said that its subsidiary, Ad Art Electronic Sign Corporation, has signed an agreement with Maryland Baseball to supply five large screen LED...
Kodak Chooses InFocus for Digital Projectors
WILSONVILLE, Ore., March 29 -- InFocus has entered into an OEM relationship with Kodak in which Kodak will use InFocus' line of personal projectors to produce digital projectors, based on Texas...
Optelecom Wins Intelligent Transportation System Contracts
GAITHERSBURG, Md., March 29 -- Optelecom, Inc. reports that it has received an initial contract in support of the Delaware Department of Transportation's traffic monitoring and control program. The...
VideoLabs Receives Another Camera Order From 3M
MINNEAPOLIS, Minn., March 29 -- VideoLabs, Inc., a provider of image capture-, transmission-, and manipulation-based solutions, received an additional twelve-month commitment from the Visual Systems...
Optical Storage Consortium Eyes Removable Media for Future DVDs
COSTA MESA, Calif., March 26 -- Irvine Sensors Corp. reports that its Neo-stack packaging technology is being employed in a project to develop a high-speed removable optical storage system for future...
RVSI Electronics Names Michael Gray to Head Sales & Marketing
CANTON, Mass., March 26 -- Robotic Vision Systems, Inc. has appointed Michael Gray as vice president of sales and marketing for the company's RVSI Electronics division, which includes machine-vision...
Miniature Rubber Stamps Create Microscopic Optical Devices
ATLANTA, Ga., March 26 -- Bell Labs researchers say that they have developed a means for stamping sub-micron features on glass, plastics, metals, and other materials. The potential applications...
SDL Announces Two-For-One Stock Split
SAN JOSE, Calif., March 26 -- SDL, Inc. announced that its Board of Directors has approved a two-for-one stock split in the form of a stock dividend. The split is subject to stockholder approval of...
Laser Revenues Boost Summit Financial Results
WALTHAM, Mass., March 26 -- Summit Technology, Inc. said that revenues for the three months ending December 31, 1998 were $22.4 million, an increase of 13% over revenues of $19.9 million for the...
Photogen and Coherent Join on Eye Laser
KNOXVILLE, Tenn., March 25 -- Photogen Technologies, Inc. and Coherent, Inc.'s Laser Group have jointly designed and built what is believed to be the first medical ultrafast laser device for treating...
FLIR, Inframetrics Merger Wins Antitrust Approval
PORTLAND, Ore., March 25 -- FLIR Systems Inc. has signed a definitive merger agreement and received Hart-Scott-Rodino Antitrust approval for its proposed acquisition of Inframetrics Inc. Subject to...
Record for Blue Laser Output Claimed
PORTSMOUTH, N.H. March 25 -- The Corporation for Laser Optics Research (COLOR) says that it has set a world record by projecting seven watts of blue light from a lamp-pumped laser. This is a very...
PLC Renews Japanese Heart Laser Pact
FRANKLIN, Mass., March 25 -- PLC Systems Inc. has renewed its distribution agreement in Japan with Imatron Japan Inc., which includes a commitment to purchase a minimum of five Heart Laser systems...
Zygo Sells New Defect Printability System to Sematech
MIDDLEFIELD, Conn., March 25 -- Zygo Corp. reports that International Sematech has purchased its new DPS-310 series of inspection/review tools that incorporate TINT Virtual Stepper Mask Defect...
Bell Labs Claims Record for Mid-IR Diode Laser
ATLANTA, Ga., March 23 -- Bell Labs has unveiled what it says is the world's highest-power mid-infrared semiconductor laser. According to the Lab's Claire Gmachl, the experimental quantum-cascade...
Technology Network Backs Long-Term Research Bills
PALO ALTO, Calif., March 23 -- The Technology Network (TechNet), the technology industry's bipartisan political organization, is supporting a bill to establish a permanent federal incentive for...
Display Consortium to Fund Improved Projection Optics
SAN JOSE, Calif., March 23 -- The United States Display Consortium will provide funding to Illumitech Inc. for the development of improved optics used in projection display systems. The award is part...
Newport Sees Lower First Quarter Sales and Earnings
IRVINE, Calif., March 23 -- Citing continued slowness in the semiconductor equipment markets and lower sales due to the delayed introduction of new products, Newport Corp. anticipates net sales for...
Bell Labs Researchers Report GaAs Advance
MURRAY HILL, N.J, March 22 -- Bell Labs researchers have grown a single crystal of gadolinium oxide on a gallium arsenide semiconductor. Because the interface is perfectly smooth, the material could...
Data Translation Reports Profitable Quarter
MARLBORO, Mass., March 22 -- Data Translation, Inc. reported a profit for the first fiscal quarter ending February 28, 1999. Net income for the quarter was $102,000, or $0.05 per basic and diluted...
Precision Optics Wins DWDM Filter Contracts
GARDNER, Mass., March 22 -- Precision Optics Corp. has received orders totaling more than $1.9 million for 100 and 200 GHz channel separation Dense Wavelength Division Multiplexer (DWDM) optical...
Premier Laser to Make Final FDA Submittal
IRVINE, Calif., March 22 -- Premier Laser Systems reports that its EyeSys Vision Group has received a request from the FDA for documentation that will allow the agency to begin its review for final...
Vision System on Chip Thinks for Itself
BALTIMORE, Md., March 22 -- A Johns Hopkins University electrical engineer has developed a vision system on a chip that someday may allow a robotic surgical tool to locate and operate on a clogged...
Court Grants ESI Patent Motion
PORTLAND, Ore., March 18 -- Electro Scientific Industries, Inc. reports that the US District Court for the Northern District of California has granted ESI's motion for partial summary judgment...
First Taiwanese Satellite Beams Images Back to Earth
REDONDO BEACH, Calif., March 18 -- The Republic of China's first satellite, ROCSAT-1, has begun sending images back to Earth. Launched into a 600-kilometer low-Earth orbit on Jan. 26, the 880-pound...
Eclipse Surgical, CardioGenesis Complete Merger
SUNNYVALE, Calif., March 18 -- Stockholders of Eclipse Surgical Technologies, Inc. and CardioGenesis Corp. have approved the two firms' consolidation. Under the terms of the agreement,...
Spectra Science Boosts Management Team
PROVIDENCE, R.I., March 18 -- Spectra Science Corp. has added Rhonda Landers as Chief Financial Officer and Scott Tillotson as Vice President of Marketing and Business Development. Prior to joining...
Shareholders Back Merger of GSI and Lumonics
WATERTOWN, Mass., March 18 -- Shareholders of General Scanning Inc. and Lumonics Inc. today voted in favor of resolutions to merge the two companies into one entity: GSI Lumonics Inc. The merger will...
German Laser Emits Matter Waves
MUNICH, Germany, March 17 -- Scientists at the Max Planck Institute for Quantum Optics in Garching and the University of Munich have developed a laser that emits a continuous beam of matter waves...
FCC Approves U.S. Landings for Project OXYGEN
WOODCLIFF LAKE, N.J., March 17 -- The Federal Communications Commission (FCC) has approved the application by Project Oxygen (USA) LLC for a license to land and operate a private international fiber...
Northern Light and NTIS Join Forces
CAMBRIDGE, Mass., March 17 -- Northern Light Technology LLC has been selected by the National Technical Information Service (NTIS) to develop gov.search, a new site which will provide access to US...
Siemens Splits off Semiconductor Business
MUNICH, Germany, March 17 -- Siemens Semiconductors will be spun off on April 1, 1999, to form a separate legal entity, Infineon Technologies AG, which will headquarter in Munich. The new company...
Zygo Restructures Business Centers
MIDDLEFIELD, Conn., March 16 -- Zygo Corp. is planning a series of initiatives that it says will revitalize the company and provide the infrastructure needed for growth. Zygo will create three US...
Two-Photon Absorbing Molecules Hint at New Applications
TUCSON, Ariz., March 16 -- Two University of Arizona scientists who developed molecules that simultaneously absorb two photons of light now report that the molecules' sensitivity to laser beams...
ABB Robotics Buys Cognex Vision Systems
NATICK, Mass., March 16 -- Cognex Corp. has entered into an OEMagreement with ABB Robotics AB of Sweden in which ABB expects to purchase nearly $1 million of Cognex machine vision systems over the...
Metromedia Plans German Fiber Net
NEW YORK, NY, March 16 -- Metromedia Fiber Network GmbH, the German subsidiary of Metromedia Fiber Network, Inc., has filed for licensing with the German regulatory authorities to construct a...
Scan-Optics Names Manufacturing Vice President
MANCHESTER, Conn., March 16 -- Scan-Optics, Inc. announced that Joseph P. Crouch has joined the company as Vice President of Manufacturing. Mr. Crouch's most recent position was Director of...
NIST Builds Directional Atom Laser from Bose-Einstein Condensate
WASHINGTON, D.C., March 11 -- Atoms in a Bose-Einstein condensate can be manipulated with light to form a highly directional atom laser, report physicists at the National Institute of Standards and...
Ciena to Buy Two Firms, Launch Optical Network
LINTHICUM, Md., March 14 -- Ciena Corp. has agreed to acquire Lightera Networks and Omnia Communications in two transactions worth approximately $980 million. Ciena announced that the move would...
Lucent Picks ArF Scanner from Nikon Precision
BELMONT, Calif., March 12 -- Nikon Precision Inc. reports that Lucent Technologies has chosen its ArF scanner for work on advanced communications semiconductors at Lucent's Bell Laboratories...
Therma-Wave Wins Order for Metrology Systems
FREMONT, Calif., March 15 -- Therma-Wave, Inc. has received an order from the Shipley Co. of Marlborough, Mass., for two Opti-Probe 5000 advanced metrology systems. Shipley will use the systems...
Kodak Forms Greater Asia Region
ROCHESTER, N.Y., March 11 -- Eastman Kodak Co. has combined its Greater China Region and its Asia Pacific Region into a new Greater Asia Region. David L. Swift, chairman and president of the Greater...
Goodbye Bellcore, Hello Telcordia
MORRISTOWN, N.J., March 10 -- Bellcore, the telecommunications pioneer, has a new name: Telcordia Technologies. As Bellcore, the company developed many of the basic technologies for today's...
Laserscope Completes Restructuring
SAN JOSE, Calif., March 10 -- Laserscope has completed its business restructuring and reported its fourth quarter and year-end financial results. The company reported a net loss for the quarter of...
Test Set for High-Speed Single-Laser Transmission System
MURRAY HILL, N.J., March 10 -- Lucent Technologies and MCI WorldCom will test Lucent's new WaveStar 40G Express laser optical transmission system. According to Lucent, this will be the first...
Investment Aids Computerized Thermal Imaging's Tests
OGDEN, Utah, March 10 -- Computerized Thermal Imaging, Inc. (CTI) will receive an equity investment of $7 million from Beach Boulevard, LLC, which will allow the developer of thermal-imaging medical...
Perkin-Elmer to Sell Instruments Unit to EG
NORWALK, Conn. March 8 -- Perkin-Elmer has agreed to sell its Analytical Instruments Division to EG&G for $425 million. Perkin-Elmer will change its name to PE Corp. and transfer rights to its brand...
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