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PTHO 1.75 has come off its recent lows of 1.25, with new hires as the company builds up its credibility.

PSI-TEC Attracts Seasoned Lucent/Bell Labs Modulator Expert Dr. Gray D. Blake
Oct 31, 2005 9:27:00 AM
Copyright Business Wire 2005
WILMINGTON, Del.--(BUSINESS WIRE)--Oct. 31, 2005--

Industry Expert Will Guide Material Development Through Final
Testing Phase; Company Developing EO Polymers for High-Speed
Internet, Satellite and Military Applications
PSI-TEC Corp., a wholly owned subsidiary of PSI-TEC Holdings Inc. (Pink Sheets:PTHO), a technology-based company developing chemical-based (polymer) materials for a wide roster of broadband telecommunication and military applications, announced today that it has engaged the consultancy services of former Lucent and Bell Labs veteran Dr. Gary D. Blake. PSI-TEC scientists and management expect Dr. Blake's extensive experience in modular technology to greatly accelerate the development and commercialization of PSI-TEC's breakthrough material designs.

PSI-TEC's molecularly-engineered materials are the basis of the company's revolutionary electro-optic technology product strategies. The resolution of the stability issue in material design, together with an exceptional R33 EO coefficient and high-yield material synthesis process, represents the potential to remove the final hurdle to the broad proliferation of low-cost EO polymers for numerous high-speed Internet, telecom, satellite and military applications.

"Dr. Blake's unique background and experience with modulator technology, together with his superb project management skills, is an ideal match for our emerging needs," stated Ron Genova, interim CEO of PSI-TEC Corp. "As it is imperative that we provide solid, credible performance data on our revolutionary nanotechnology-engineered EO polymer materials, we have reached the point where the collection and processing of test data must be performed using only the highest of industry-recognized practices and conditions. Dr. Blake's extensive expertise in this area will guide the project from testing to reporting and production in the coming months."

Dr. Blake's most recent accomplishments come from Lucent Technologies/Bell Labs where he supervised the design, fabrication, testing, qualification and production ramp of Lucent's highly successful lithium niobate modulator technology platform.

"Drawing on his proven success with test requirements, equipment, procedures and practices, Dr. Blake will work closely with Dr. C.C. Teng, PSI-TEC's distinguished member of technical staff, to establish testing facilities for material evaluations," said Frederick Goetz, Jr., president of PSI-TEC Corp. "The collaborative test facility effort by Dr. Blake and Dr. Teng is critical to confirming the soundness of our Aromatic Gain theory approach and will play an instrumental role in the future development and testing of waveguides, high-speed Mach-Zehnder modulators, and other devices created from our OE polymer material platform."

Company sources believe mu-beta and initial R33 EO coefficient test data (figures of merit for high-speed non-linear optic NLO polymer performance) could be released before the end of this year on the company's first commercial nanotechnology-engineered EO polymer molecule. The company projects definitive material stability testing will be completed shortly thereafter on waveguide structures.