BURNABY, BC, Sept. 16 /CNW/ - Photon Control Inc. ("Photon") (TSX-V: PHO)
signs distribution agreement with COSA Instrument Corporation ("COSA") to
market its Focus Probe(TM) optical gas flow meter (OFM). COSA will have
exclusive rights for sales to the United States, Mexico and Caribbean for
three years, and may also sell into other un-restricted territories on a
In addition, Photon has already received purchase orders from PMC Process
Measurement & Controls, a new distribution partner for gas flow measurement
products in Western Canada.
"We are pleased in selecting COSA and PMC Process Measurements as
distributors of the OFM in North America," comments Ivan Melnyk, Photon's
Chief Technology Officer. "Photon's OFM technology has proven to be
particularly advantageous for flare gas and biogas measurements. Recent field
trials expanded its capabilities into the upstream oil production market for
measurement of associated gases."
Photon is also pleased to announce that Russian certification and
regulatory approvals are now completed for its optical flow metering products.
Photon's Russian distribution partner, InnoTech, has placed initial orders for
flare metering probes for customers that have been patiently waiting for the
approval process to succeed. In addition, metrological testing of the OFM is
proceeding this week in Brazil as part of a similar approval process for
acceptance of the OFM technology in that country. Brazil is being recognized
as a leading oil producer after discovery of new offshore oil fields in the
About Photon Control Inc. www.photon-control.com
Photon Control Inc. develops and manufactures optoelectronic products for
measurement and control. All Photon's products have competitive advantages in
both performance and cost. Photon's products are applicable for semiconductor
capital equipment, oil and gas, marine, power, life sciences, climate change
and research. Photon's products are sold worldwide to customers included in
the Fortune 500 list.
The TSX Venture Exchange has not reviewed and does not accept
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For further information:
For further information: Helena Rebec, Investor Relations, (604)
422-8861 x 101, email@example.com