Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I.F, OTCPK: ZMSPF), a developer of leading-edge photonics technologies for industrial, healthcare and scientific markets, is pleased to announce that its wholly owned subsidiary Zecotek Imaging Systems has signed an exclusive sales and distribution agreement with RAM N.S. Technologies (RAM-Tech) for Zecotek’s imaging products in Israel.
“Ram-Tech is very pleased to be awarded with the exclusive distribution license within Israel for Zecotek’s imaging related products,” said Nati Baron, Founder and Chief Executive Officer of Ram N.S. Technologies Ltd. “We see great potential for Zecotek’s patented LFS scintillation crystals and other imaging technologies. We believe synergies exist between Zecotek and our existing client base and technology partners including several world renowned PET integrators operating within Israel. We will start conducting marketing and distribution efforts immediately.”
“Israel is an important scientific research hub and a significant market for major international medical imaging OEMs, and our scintillation crystals, solid-state photo detectors, data acquisition and readout electronics for PET scanners and gamma cameras have attracted much interest,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “We chose RAM-Tech to market and distribute our patented technologies in Israel because of its first-class reputation and extensive experience in the Israeli hi-tech and photonics industries. RAM-Tech is a natural strategic partner with existing relationships with international medical imaging companies having R&D and integration centers in Israel. We expect our partnership to generate sales in the very near future and we look forward to working closely with RAM-Tech to further develop the market for Zecotek`s imaging products.”
The agreement with RAM-Tech covers Zecotek’s broad portfolio of imaging technologies including LFS scintillations crystals, solid-state MAPD/Ts, integrated detection modules and other associated electronics and technologies for PET (positron emission tomography) medical scanners and other applications.