StockerYale Announces New LED Technology

„COBRA(TM) Technology Delivers 80% More Light Than Current Chip-On-Board Technology\r\n
\r\n
\r\nSALEM, N.H.–(BUSINESS WIRE)–Aug. 6, 2003– StockerYale, Inc. (NASDAQ: STKR – News), an independent supplier of photonics-based products today announced the availability of its new state-of-the-art LED, (light emitting diode), COBRA(TM), (chip-on-board reflective array), technology. This advanced LED illumination system is ideal for demanding machine vision and inspection applications that require continuous operation, superior wall plug efficiency, and increased light output. Applications include high-speed web or automotive lighting where the existing halogen, sodium or incandescent technologies would be replaced with this highly efficient, compact LED package.“;“\“We are capable of manufacturing and delivering fine-pitch chip-on-board LED arrays with the same high optical efficiencies as discrete packaged LEDs,\“ said Liam Kelly, managing director of StockerYale (IRL), Ltd located in Cork, Ireland. \“This new technology is fully compatible with high thermal performance aluminum substrate and copper core substrates and will further penetrate those commercial applications that are hoping to make the transition to LEDs because of the benefits that this technology can deliver,\“ Kelly continued.\r\n
\r\n
\r\nLEDs have long been recognized as an energy efficient, long-lasting, illumination source that can be configured into virtually any geometric pattern or shape.\r\n
\r\n
\r\nThe Company has developed a COBRA LED line array that consists of a line light that is 150 mm in length, has a 3 mm LED pitch with an integrated lens array, and is 80% brighter than normal chip-on-board technology. Thermal resistance is 1 degree C/W from the LED junction to the base. LED pitches down to 1mm are available without the integrated lensing.\r\n
\r\n
\r\nThe COBRA technology is a cost-effective solution when compared to large-chip high flux sources. It can be applied to both one- and two-dimensional arrays. By applying this technology to industry standard lighting configurations such as area lights, ring lights, spot lights, and backlights, increased lighting efficiencies will be realized since COBRA enables excellent optical efficiency on highly thermally conductive substrate technologies.\r\n
\r\n
\r\n\“As evidenced in our recent second quarter 2003 earnings release, the Company has begun to reap the benefits of its LED R&D efforts,\“ said Mark W. Blodgett, StockerYale’s chairman and chief executive officer. \“The Company’s new COBRA LED technology will undoubtedly open up new market opportunities and I congratulate the LED product development team in achieving this important milestone,\“ added Blodgett.\r\n
\r\n
\r\nThe Company has already begun shipping samples of COBRA to select OEM customers for design-in projects. It is currently available in red and infrared with extension to green and blue expected in early 2004.\r\n
\r\n
\r\nStockerYale will be demonstrating its new COBRA technology at the annual SPIE 2003 conference from August 5-7, at the San Diego Convention Center, San Diego, California in booth #417.\r\n
\r\n
\r\nAbout StockerYale\r\n
\r\n
\r\nStockerYale, Inc., headquartered in Salem, NH, is an independent designer and manufacturer of structured light lasers, light emitting diodes, (LEDs), fiber optic, and fluorescent illumination technologies as well as specialty optical fiber and phase masks for use in a wide range of markets and industries including the machine vision, telecommunications, aerospace, defense and security, utilities, industrial inspection, and medical markets.\r\n
\r\n
\r\nStockerYale serves a widely varied, international customer base and reinvests a significant percentage of its revenues in R&D to meet the future requirements of its customers. StockerYale has offices and subsidiaries in the U.S., Canada, Europe, and the Pacific Rim.\r\n
\r\n
\r\nFor more information about StockerYale and their innovative products, contact StockerYale, Inc., 32 Hampshire Rd., Salem, NH, 03079. Call 800-843-8011; Fax 603-893-5604; Email info@stockeryale.com.\r\n
\r\n
\r\nNotice to Investors:\r\n
\r\n
\r\nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to, among other things, the Company’s future operating results and sales trends. Reliance should not be placed on forward looking statements because they involve known and unknown risks, uncertainties and other factors which are in some cases, beyond the control of StockerYale, which may cause the actual results, performance or achievements of the Company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward looking statements. StockerYale undertakes no duty to update any of these forward-looking statements.\r\n
\r\n
\r\nStockerYale and the StockerYale logo are trademarks of StockerYale, Inc. All other trademarks or registered trademarks are the property of their respective owners.\r\n
\r\nContact:\r\n
\r\n
\r\n StockerYale, Inc.\r\n
\r\n Fred Pilon, 603-870-8229\r\n
\r\n fpilon@stockeryale.com\r\n
\r\n
\r\n
\r\nSource: StockerYale, Inc.“;0;153;4;“admin“;““;0;““;0;0;0;0;0