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(11,541 items)
Business News
Shareholders Sue Premier Laser Systems
Jul 1, 1998 — Investors in Premier Laser Systems Inc. have filed a class-action lawsuit charging the company with fraudulent business practices that artificially inflated the price of Premier's stock. The Irvine, Calif.-based company developed an Er:YAG laser for hard-tissue dental applications that received clearance from the US Food and Drug Administration last year. The shareholders charge that Premier lied about its expertise and its ability to manufacture the laser in significant quantities. Investors...
US Bank Note Will Feature Light-Interference Pigment
Jul 1, 1998 — The US Treasury Dept. has chosen Flex Products Inc., a subsidiary of Optical Coating Laboratory Inc., to supply its patented light-interference pigment as an anticounterfeiting measure on the US $20 bank note. The Santa Rosa, Calif., company...
Coherent Joins Precision Laser Consortium
Jun 1, 1998 — Coherent Inc.'s Semiconductor Group in Santa Clara, Calif., has joined the Precision Laser Machining Consortium, a group of 24 companies administered and partially funded by the Defense Advanced Research Projects Agency. Their mission is to develop...
Germany Funds High-Power Diode Laser Project
Jun 1, 1998 — The Federal Ministry of Education, Science, Research and Technology has announced that it will fund a DM 70 million (about $40 million) collaborative R&D project to develop high-power diode lasers. The project is one of five winners in a...
Industrial Laser Shipments Climbed in '97
Jun 1, 1998 — Cutting applications spurred an increase in shipments of industrial laser systems and equipment for North America and the US. Overall, shipments increased 16 percent in 1997 over 1996, according to a report from The Association for Manufacturing...
Names In The News
Jun 1, 1998 — The US Defense Department presented its highest civilian award, the Distinguished Civilian Service Medal, to Robert Q. Fugate, senior scientist for atmospheric compensation at the Air Force Research Laboratory's Directed Energy Directorate at...
Pentagon Urges Cooperation on Weapons Planning with Allies in Europe, Japan
Jun 1, 1998 — In an effort to coordinate a better defense among allied nations, the Pentagon has called for increased cooperation with Japan and Europe in the production of new weapons, including remote sensors. US Undersecretary of Defense Jacques Gansler said...
Russia Spins off Labs into Private Companies
Jun 1, 1998 — As economic straits force the Russian government to shed some of its Soviet-era overhead, research groups within many of the state-controlled institutions are becoming private companies. Officials are debating putting entire laboratories on the...
Science and Engineering Graduate Enrollments Continue Slide
Jun 1, 1998 — Following more than a decade of consistent gains, graduate enrollments in science and engneering de- clined for a third straight year in 1996. That finding comes from a National Science Foundation brief. The foundation's figures show that enrollment...
Task Force Explores OSA/SPIE Merger
Jun 1, 1998 — Two of the leading optics societies, SPIE and the Optical Society of America (OSA) are considering a closer collaboration or merger. Representatives from each society met in Washington to discuss their respective goals and identify trends in optics....
Uniphase Adds Philips Optoelectronics
Jun 1, 1998 — Hardly a month after opening a $20 million semiconductor laser fabrication plant in Zurich, Switzerland, Uniphase Corp. has struck again. This time, the laser manufacturer-turned-telecom company has snapped up Philips Optoelectronics B.V. as its...
Whisperers Shout on Wall Street
Jun 1, 1998 — Investors interested in the photonics industry would do well to listen to the "whispers" on Wall Street, according to a recent research study. The study by Mark Bagnoli of the University of Michigan, Susan Watts of Purdue University and Messod...
Acquisition Combines Rivals in Scientific Imaging
May 1, 1998 — Photometrics Ltd. and Princeton Instruments Inc., rivals in the scientific imaging market, have joined hands as sister companies in Roper Industries Inc. Roper, which is based in Bogart, Ga., acquired Photometrics last month. The acquisition expands...
Corning Charges Patent Infringements
May 1, 1998 — In a series of legal moves, Corning Inc. has appealed to the US International Trade Commission to bar US imports from a European optical fiber manufacturer based on an alleged patent infringement, while settling a similar, but unrelated, patent...
Corning Terminates Supply Agreement with SpecTran
May 1, 1998 — SpecTran Corp. of Sturbridge, Mass., a developer of glass optical fibers, has announced the termination of a supply agreement it had with Corning Inc. in Corning, N.Y. In a deal forged in January 1996, Corning agreed to purchase multimode optical...
Firms Put More Focus on Call Centers
May 1, 1998 — Plenty of people who have had to call a customer service number for support can relate to Dilbert's pointy-haired boss when he says that the way to improve customer service is to get rid of the service people. That situation may be changing,...
Names in the News
May 1, 1998 — BrainTech Inc. received a contract to build and install a print-quality inspection system to improve and standardize the ink jet printer assembly process for Epson Portland Inc. Epson has the option to buy an additional 11 units to automate its...
New Uniphase Plant Targets Telecom Market
May 1, 1998 — In the latest in a string of acquisitions, Uniphase Corp. has opened a European semiconductor laser fabrication plant. Uniphase Laser Enterprise will increase the company's production of 980-nm diode lasers substantially. This type of diode laser is...
NIST and Astralux Join to Develop Gallium Nitride Films
May 1, 1998 — Astralux Inc. in Boulder, Colo., and the National Institute of Standards and Technology have teamed up to process gallium nitride films on silicon carbide and sapphire substrates for use in industrial devices. Gallium nitride can be made into...
Noted Entrepreneur Lays out Road Map to Success
May 1, 1998 — Before selecting a product, a fledgling entrepreneur should consider a detailed business strategy if he or she wants to be successful, said Milton Chang, founder of New Focus Inc. and longtime photonics industry entrepreneur, to the Arizona Optics...
Partnership to Develop CMOS Sensors for Digital Imaging
May 1, 1998 — The Institute for Microelectronics in Stuttgart, Germany, and G-Link Technology, a Santa Clara, Calif.-based chip manufacturer, plan to work together on commercializing high-dynamic-range CMOS image sensor technology. The partnership leverages...
Political Pressure, Hasty Testing Marred Star Wars Program
May 1, 1998 — An independent panel has submitted a negative critique of the Strategic Defense Initiative -- known as Star Wars -- in a far-ranging 76-page report titled "Reducing Risk in Ballistic Missile Defense Flight Programs." The report said decisions by...
Robotics, Machine Vision Resources Merge
May 1, 1998 — In an effort to provide a resource for potential buyers of machine vision, robotics and related automation technologies, the Robotic Industries Association and the Automated Imaging Association in Ann Arbor, Mich., have banded together to form an...
SEC Cracks Down on Electro-Optical Systems Corp.
May 1, 1998 — The Securities and Exchange Commission has filed suit in a New York federal court to stop what it claims is the "unregistered and fraudulent sale" of stock of Electro-Optical Systems Corp. In the lawsuit, the SEC charges that Electro-Optical Systems...
Colorado Launches Photonics Association
Apr 1, 1998 — A statewide organization called the Colorado Photonics Industry Association has been formed to provide a collective voice for issues facing the industry. The association will bring together professionals in industry, education and the government...
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