Advanced Photonix, Inc. Announces New Terahertz Contracts

ANN ARBOR, Mich., Jan. 23  /PRNewswire-FirstCall/ -- Advanced Photonix, Inc.(R) (NYSE Alternext US: API) announced today that its subsidiary, Picometrix, LLC, has received two new terahertz (THz) contracts from the Air Force totaling $850,000. The largest contract is a $750,000 Phase II STTR contract for development of a higher power terahertz transmitter for surface and gas spectroscopy applications that could be utilized with the T-Ray(TM) 4000 system. The $100,000 Phase I SBIR contract is for development of semiconductor material capable of increasing terahertz power.

If successful, the Phase II contract will extend the T-Ray(TM) 4000 bandwidth from 4 THz to >5 THz and significantly increase the power in these higher frequencies. The increased bandwidth will expand the market for the T-Ray(TM) 4000 to include surface and gas spectroscopy analytical applications. The Phase I contract is a feasibility study to further develop the company's proprietary III-V semiconductors in order to increase the THz generating power across all frequencies tenfold. If successful, increased THz power could significantly expand applications for NDT markets.

"Terahertz continues to show significant promise for solving many quality control needs, and we continue to be in a leading position, providing real system solutions for industrial applications with our T-Ray(TM) 4000 product platform," commented Richard (Rick) Kurtz, CEO of API.

About Advanced Photonix, Inc.

Advanced Photonix, Inc.(R) (NYSE Alternext US: API) is a leading supplier of optoelectronic semiconductor components and subsystems and terahertz instrumentation to a global OEM customer base. Products include the patented InGaAs high-speed optical receivers in APD and PIN configurations and silicon PIN, large area APD and FILTRODE(R) detector configurations. More information on Advanced Photonix can be found at http://www.advancedphotonix.com/.

The information contained herein includes forward looking statements that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, unforeseen technological obstacles which may prevent or slow the development and/or manufacture of new products; potential problems with the integration of the acquired company and its technology and possible inability to achieve expected synergies; obstacles to successfully combining product offerings and lack of customer acceptance of such offerings; limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company; and a decline in the general demand for optoelectronic products.

  Contact:
  Richard Kurtz, Advanced Photonix, Inc. [phone]
  Richard Moyer, Cameron Associates [phone]


DATASOURCE: Advanced Photonix, Inc.



CONTACT:  Richard Kurtz, Advanced Photonix, Inc., [phone]; or

Richard Moyer, Cameron Associates, [phone]



Web Site:  http://www.advancedphotonix.com/ 

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