POET Technologies Inc (PTK)

[sevenOdouble]

OPL PR Collection + extra DD.

SHELTON, CONNECTICUT--(Marketwire - Jan. 19, 2010) -
ODIS, Inc., announced today that it recently received a $750,000 Award to develop "Monolithic Infra-Red Pixel Structures Enabled by Thyristor-HFET EO Logic". Infra-Red technologies currently require cryogenic cooling to operate and use independent readout integrated circuits. The ODIS technology has been developed to provide the new "state of the art" in integrated approaches to infrared imaging combined with transistor readout circuits.
Dr. Geoff Taylor, Chief Scientist, ODIS, Inc., states that by incorporating these technologies on the same epitaxial structure, the electro-optic operation should enable high sensitivity infra-red imaging in an uncooled environment with significantly improved operating speeds and off-chip communications.
"This breakthrough technology not only has the potential to produce tremendous cost savings for the U.S. Air Force and Space Missile Command," said Leon (Lee) Pierhal, President, ODIS, Inc. "We expect enhanced reliability and higher resolution for current and future satellite missions. In addition, the technology should be able to reduce the cost and improve performance for several commercial markets which become viable with this new capability".

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SHELTON, CONNECTICUT--(Marketwire - April 22, 2010) - Following closely to the previous $750,000 Award in January 2010, ODIS Inc. announced today that it has received two additional AFRL Awards for $850,000, totaling $1.6M so far this year.
The first is a $100,000 Award to develop an "Ultra Low Power RAM", a novel memory cell using the ODIS's optoelectronic thyristor within its III-V Planar OptoElectric Technology ("POET"). Very high density and low storage power may be achieved with the cell represented as the cross-point of an array. The memory design will enable it to be fully compatible with integrated optoelectronic CHFET/thyristor logic and optical I/O. Fabricated in radiation hard gallium arsenide ("GaAs"), the structure enables both static and dynamic operation.
ODIS also announced the receipt of a $750,000 Award to develop "Optoelectronic Directional Couplers for Switching Fabric", switching fabric on a single chip is a device technology that is required to enable the coordination and routing of multiple optical input signals to arbitrary multiple output ports without optoelectronic conversation which is essential technology for optical communication switching hubs and routers. Targeted for future military satellite missions, just like the Phase I, it will greatly reduce power requirements and be designed radiation hard.

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SHELTON, CONNECTICUT--(Marketwire - Sept. 9, 2010) - ODIS Inc. announced today that it has received a development contract with the Navy Air Warfare Center that will involve a Phase I Award of $150,000. After a period of research conducted by the Navy of ODIS and other competing technologies, the Navy has followed other military branches and chosen ODIS's POET platform as a preferred candidate to develop optical code division multiple access (OCDMA) technology for future avionics systems.
CDMA is widely used in the wireless industry for secure channel allocation to a broad user base. OCDMA has similar potential for the Fiber to the Home (FTTH) application based upon a reduced cost of the optoelectronic interface circuits. ODIS has been awarded a Phase I contract with NAVAIR to develop OCDMA integrated OE circuit approaches for Navy Avionics platforms. The high level of security offered by OCDMA will be deployed at multiple levels in the Department of Defense (DOD) optical avionics multi-core processor networks. The security levels are obtained with the robust encryption techniques afforded by Pseudo-random Noise sequencing in both the time and wavelength domains.

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2010-10-21 16:28 ET - News Release
Shares issued 83,888,001
OPL Close 2010-10-21 C$ 0.365


Mr. Leon Pierhal reports

OPEL SOLAR, INC., AND THE NATIONAL RESEARCH COUNCIL OF CANADA CELEBRATE THE UNVEILING AND TESTING OF THE SUNRISE SOLAR PROJECT INSTALLATION

Opel Solar Inc. and the National Research Council of Canada, has completed the unveiling and testing of the SUNRISE (Semiconductors Using Nanostructures for Record Increased in Solar cell Efficiency) research project installation at the Institute for Research in Construction's Flexhouse in Ottawa, Ont.

Financed by the Development Bank of Canada (BDC) and the National Sciences and Engineering Research Council of Canada (NSERC), the unveiling and testing of the SUNRISE project represent the culmination of three years of research into utilizing nanostructures to establish a higher level of energy efficiency and output from a concentrated photovoltaic installation. The SUNRISE project is a collaborative research project between Opel, the National Research Council of Canada, the University of Ottawa's Centre for Research and the University of Sherbrooke. The SUNRISE project was focused on developing new, ultra-high-efficient solar cells in combination with high efficiency OPEL Solar concentrator design. When paired with OPEL's state-of-the-art dual-axis tracker, the newly developed panels are very cost-effective and are expected to validate target efficiencies for both cells and the system.

"The company is very excited to see the culmination of three years of research and development by some of the best minds in solar technology with the unveiling of the SUNRISE project," stated Leon Pierhal, president and chief executive officer of OPEL. "This project represents another example of OPEL Solar's industry-leading solar technology development at work."

The SUNRISE project was unveiled and energized this afternoon, at a special ceremony hosted by Gary Goodyear, Minister of State (science and technology) and John McDougall, president of the National Research Council of Canada at the National Research Council of Canada Institute for Research facilities in Ottawa, Ont.

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OPEL Solar, Ecotech Environmental Technology Launch OPEL Solar Asia

Published on December 22, 2010 at 1:12 AM

OPEL Solar, a USA-based high concentration photovoltaic (HCPV) solar and other solar products manufacturer, declared that it has formed OPEL Solar Asia, in Hong Kong in alliance with Ecotech Environmental Technology, a Hong Kong-based company.

The joint venture will allow the company to enter into the East Asia markets with its HCPV products. The signing of the contract will allow the HCPV technology of the company to penetrate one of the fastest developing solar markets in the world especially the Chinese solar market.

Frank Middleton, OPEL Solar’s COO, said that by signing the joint venture with Ecotech his company has found a well-established associate to penetrate the markets of East Asia and advance its opportunities in China, which is predicted as the most robust solar photovoltaic market in the world. He added that the sound knowledge of Ecotech over the region and its large client-base will put OPEL Solar in an advantageous position with least start-up expenses. Middleton explained that the new venture, OPEL Solar Asia (OSA) has commenced its operations with a 2 MW order for its HCPV system products, which include its solar and tracker modules. He explained that the products, which are meant to meet an order obligation of Ecotech within the People’s Republic of China has opened up a multimillion dollar sales opportunity for the company and resulted in profits in the first year of the joint venture operations.

Leon M. Pierhal, OPEL Solar’s CEO, said that the growing CPV markets in East Asia will allow the company to earn over $100 million as profit in the next four or five years period. He explained that the joint venture decision is taken to sustain the growth of the company in the region.

Source: http://www.opelinc.com/

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SHELTON, CONNECTICUT--(Marketwire - Jan. 19, 2011) - ODIS Inc. announced today that it has received a development contract with the National Aeronautics and Space Administration ("NASA") that will involve a Phase I Award of $100,000. After a period of growing recognition and awards from other United States military branches, NASA has followed the Navy and the Air Force and chosen ODIS's POET platform as a preferred method to develop Optoelectronic infrastructure for RF/Optical phased arrays.
Next generation sensors in space require both optical sensing at 1.5µm and mmw sensing at 35GHz. Normally, separate emitting apertures are required for the optical and RF functions. ODIS will develop the Planar OptoElectronic Technology ("POET") to combine the RF and optical transmit beams for phased array sensors into a single monolithic circuit, with each circuit providing a pixel of the RF array. POET will also enable on-chip electronic control of both RF and optical beam steering angles. With the large number of such spacecraft sensors deployed in extended missions, a huge advantage is gained by the elimination of weight and power along with improvement in reliability.

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SHELTON, CONNECTICUT--(Marketwire - March 2, 2011) - OPEL Solar International Inc. ("OPEL" or "the Company") (TSX VENTURE:OPL) announced today that it is in receipt of a third party valuation of intellectual property developed by its U.S. affiliates OPEL, Inc. and ODIS Inc. The Planar Opto Electronic Technology ("POET"), initially developed by Dr. Geoffrey Taylor at the University of Connecticut and licensed to OPEL, Inc., is a semiconductor fabrication technology that enables the dense packing of digital, analog, and optical circuits on a single gallium arsenide chip. The technology now makes it possible to monolithically integrate a wide number of electronic and optoelectronic functions in a single chip with higher speeds and reduced power consumption compared to Silicon CMOS. For the same functionality, the chip size would be considerably reduced to approximately the size of half a person's thumb nail.
OPEL commissioned a valuation analysis of the POET Technology portfolio ("POET Technology") by an independent, third party valuation firm, Pellegrino & Associates, LLC. The Pellegrino firm performed an analysis of the uses of the POET Technology, the sales it could achieve in its targeted end-markets and likely margins if OPEL can complete its research and development activities successfully and the market adopts the POET Technology. Using a number of valuation techniques and based on technical information provided to it by the Company, the valuation firm has estimated that the POET Technology portfolio could be worth as much as approximately $1 billion. This worth is derived from a range of values; the median value being $966.6 million, while the mean valuation was reported at $1.31 billion.

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SHELTON, CONNECTICUT--(Marketwire - April 20, 2011) - OPEL Solar International Inc. ("OPEL" or "the Company") (TSX VENTURE:OPL) announced today that its U.S. affiliate company, OPEL Defense Integrated Systems ("ODIS") has demonstrated laser operation for the first time in a new integrated device as part of its Planar Optoelectronic Technology ("POET") process.
POET creates high-performance devices by fusing light and electronics together on a single chip. Specifically, POET is a semiconductor-manufacturing technology that enables the monolithic fabrication of integrated circuit ("IC") chips containing both electronic and optical elements. By offering components with dramatically lowered cost, together with increased speed, density, and reliability, POET could potentially allow ODIS to fundamentally alter the landscape for a broad range of applications, such as tablet computers and smartphones.
Based on a proprietary Group III-V materials structure, the pulsed vertical cavity surface-emitting laser (VCSEL) operates at 980nm with a 12µm diameter vertical cavity surface and an output power of 1.7mW. In tandem with ODIS' previously-announced integrated detector - a heterostructure field effect transistor (HFET) device - the laser enables inter-circuit optical connections between electronic devices for on-chip applications.
"This has proven, for the first time, an end-to-end technology for on-chip integration of photonic circuits can manipulate light signals on the same semiconductor framework as electronic signals," noted Leon M. Pierhal, CEO of OPEL. "This technology has the potential to overcome the constraints of copper interconnects in silicon-based chips, and it further validates the years of development invested in ODIS, as reflected in the potential market applications for POET technology, as well as its overall importance to our stakeholders."

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General Key Valuation Assumptions:

The following are key assumptions that are common to all of our valuation models:

• It will take between 6 and 18 months for POET to pass through technical readiness level (“TRL”), making POET then desirable for licensing transactions.

• All revenue models rely on technology licensing fees; thus, there is no cost of goods sold

• ODIS will incur cumulative nominal monthly expenses that current grant revenues satisfy.

• The nominal discount rate for future cash flows is 32.04%

• The base target rate of return used for the discount rate determination is 23.98%.

• The success rate used for the discount rate determination is 25%.

• The holding period used for the discount rate determination would reflect an investment of 22 years (i.e., ODIS is a strategic acquisition, not a financial acquisition).

• The nominal remaining economic life for the technology is 22 years.

• ODIS will incur a 40% nominal income tax rate.

• ODIS will incur a 5% royalty payment to UCONN for the technology licensing.

• ODIS will enjoy an average of 20 remaining years for statutory protection for POET patent portfolio.

• A per-unit royalty would constitute 8.17% of the total value basis for the product.

• Once deployed, it will take 48 months for penetration of the market to the nominal ending market share.

• Product adoption will occur along a Fisher-Pry market adoption curve with a market shape of 0.2000.


Defense Market Key Valuation Assumptions

The following are key assumptions that we integrated into the valuation model for the defense market:

• ODIS will continue to receive annual revenues from Small Business Innovation Research.

(SBIR) grants and other awards, in accordance with a projected schedule provided by ODIS representatives.

• ODIS will likely license POET to one or all of the top ten defense contractors. SCHEDULE “A”

• Each defense contractor’s licensing decision is an equally probable binary outcome (i.e., they will either license it or not, each occurrence having equal probability).

• Each defense contractor’s licensing decision is independent of other defense contractors (i.e., we modeled no conditional licensing probabilities).

• A time gap that ranges between 2 and 18 months exists that captures when each defense contractor considers executing a license.

• The defense contractors would pay an initial, nonexclusive license fee that may range between $20 million and $50 million.

• Defense contractors would make monthly royalty payments thereafter of $250,000 to account for any product-specific royalties.


Commercial Market Key Valuation Assumptions

The following are key assumptions that we integrated into the valuation model for the commercial market:

• The first market application for POET in the commercial market would be for generalpurpose microprocessors for server computers.

• The second market application for POET in the commercial market would be for generalpurpose microprocessors for desktop computers.

• The third market application for POET in the commercial market would be for generalpurpose microprocessors for laptop computers.

• ODIS will likely license POET to one or all of the top general computer microprocessor manufacturers on an exclusive basis.

• In each target market, POET platform would nominally allow a manufacturer to capture its current nominal market share deploying it.


Server Market Key Valuation Assumptions:

• Each server would require two processors.
The server processor market would start at 6,939,877 annual units, growing at 0% per year.
Server processors would enter the market 48 months from the effective date of the valuation.
Server processors average $828.89 per unit, which would serve as a basis for a negotiated royalty payment.


Desktop Market Key Valuation Assumptions:

• The desktop processor market would start at 128,200,000 annual units, growing at 1.13% per year.

• Each desktop would require one processor.
Desktop processors would enter the market 48 months from the effective date of the valuation.
Desktop processors average $93.22 per unit, which would serve as a basis for a negotiated royalty payment.


Laptop Market Key Valuation Assumptions:

• The laptop processor market would start at 231,900,000 annual units, growing at 12.43% per year.

• Each laptop would require one processor.
Laptop processors would enter the market 48 months from the effective date of the valuation.
Laptop processors average $93.22 per unit, which would serve as a basis for a negotiated royalty payment.


Smartphone Market Key Valuation Assumptions

The following are key assumptions that we integrated into the valuation model for the smartphone market:

The Smartphone processor market would start at 188,100,000 annual units, growing at 10.00% in Year 1, 18.18% in Year 2, 15.38% in Year 3, 13.33% in Year 4, 11.28% in Year 5, 9.23% in Year 6, 7.18% in Year 7, 5.13% in Year 8, 3.08% in Year 9, and 1.03% in Year 10.

• The POET platform would nominally allow a smartphone microprocessor manufacturer to capture its current nominal market share deploying it.

• ODIS will likely license POET to one or all of the top smartphone microprocessor manufacturers on an exclusive basis.

• Each smartphone would require one processor.
Smartphone processors would enter the market 48 months from the effective date of the valuation.
Smartphone value creation averages $78.96 per unit, which would serve as a basis for a negotiated royalty payment.

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Patents:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=OPL&t=LIST&m=29618224&l=0&pd=0&r=0

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Interview with Ms. Agudow
http://www.youtube.com/watch?v=EPpY2dL_Mis

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