Laser Photonics Corporation (NASDAQ: LASE) ("LPC"), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today that it and its recently acquired subsidiary, Control Micro Systems, Inc. have completed installing a pill drilling system at a customers facility where it will be used to streamline pill production and manufacturing.
Following LPC's recent acquisition of Control Micro Systems, Inc., the two companies have shipped and installed one of their cutting-edge pill drilling systems. The installed product is a Class I automated CO2 laser system with a custom tablet fixture, fume extraction, and machine vision inspection for quality control. The laser system provides industry professionals with a consistent, effective and reliable laser drilling solution.
"This pill drilling system is an ideal anti-counterfeiting and pill drilling solution that we are proud to offer as a product through Control Micro Systems," said Wayne Tupuola, CEO of LPC. "With this innovative system, professionals in the medical and pharmaceutical industry can achieve the results they are looking for during the production of pills, tablets and capsules."
The system's installation follows LPC's recent announcement of a new R&D initiative that will focus on new sectors, including pharmaceuticals, wafers, and semiconductors. Through the R&D initiative the company will be devoting additional resources to advance its currently available technology to maintain a competitive edge and meet the market's needs. LPC's laser systems offer a sustainable solution for material processing in a wide variety of applications. For more information, visit the LPC website at www.laserphotonics.com.
About Laser Photonics Corporation
Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. Laser Photonics seeks to disrupt the $46 billion, centuries-old sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. Laser Photonics’ new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental and regulatory issues associated with old methods. As a result, Laser Photonics has quickly gained a reputation as an industry leader in industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, maritime, nuclear and space industries are using Laser Photonics’ “unique-to-industry” systems. For more information, visit https://www.laserphotonics.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended), including statements regarding the Company’s plans, prospects, potential results and use of proceeds. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties, which may cause results and uses of proceeds to differ materially from those indicated by these forward-looking statements. These risks include, without limitation, those described under the caption “Risk Factors” in the Registration Statement. Any reader of this press release is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable laws or regulations.
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Contacts
Karla Kizzort
Marketing Specialist
Laser Photonics Corporation
kkizzort@laserphotonics.com
