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Company Signs Over $15 Million in Contracts for Visible Lasers

QPC Lasers Inc., a leader in the design and manufacture of high-brightness, high-power semiconductor lasers, today announced that it has received an order from an undisclosed global leader in digital information equipment, including copiers, scanners, printers, projectors and other electronic devices. The order includes customized green laser design and delivery for use in the development of a commercial laser projector. Leveraging QPC’s industry leading green laser technology, QPC has received over $15 million in new orders for its visible lasers since the first demonstration of its visible laser technology in September 2007. The Company has also recently received initial product orders from several other major consumer electronics companies and QPC believes these initial orders to have the potential to result in a number of additional and larger size orders.

“We are honored to receive an initial order from this industry leader as further validation of our next generation green laser technology,” said QPC’s Vice President of Marketing and Sales Paul Rudy, Ph.D. “It is well known in the display industry that green lasers are the most challenging laser color to produce for commercial projectors because of unique and demanding performance and cost requirements. We believe that our green laser technology can enable higher brightness displays with substantially reduced power consumption and attractive costs compared to other green lasers commercially available in the past.”

Rudy continued, “Our vision is to produce world-leading green lasers, as well red and blue lasers for laser display applications from 10 lumens to 10’s of thousands of lumens.”

QPC’s visible laser technology offers display customers high speed modulation and highly efficient operation with minimal power consumption from a cost effective, high volume design. The company’s lasers are already being used to develop high-definition laser TV’s, 3D Projectors, handheld micro projectors (often dubbed “pico” projectors) and a variety of other potential display applications.

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