Press Releases
Feb 3, 2012
Advanced Photonix, Inc. Announces Banking Relationship with Silicon Valley Bank
Increases Credit Facility ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) today announced that it has established a new credit facility with Silicon Valley Bank, with regional headquarters in Chicago, IL. As part of this new ba... Read full release»
Jan 11, 2012
Advanced Photonix, Inc. Announces Terahertz Industrial Sales
Continued Success for Quality & Process Control ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API), announces today that it has shipped its T-Ray 4000® system to two companies in the Fortune 100. One customer is using the sys... Read full release»
Nov 14, 2011
Advanced Photonix, Inc. Reports Second Quarter FY2012 Results with Revenue Growth of 19%
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) (the "Company") today reported its second quarter fiscal 2012 results ending September 30, 2011. Financial Highlights for the second quarter compared to the prior year ... Read full release»
Nov 10, 2011
Advanced Photonix, Inc. Announces Terahertz Development Contract
Phase II Terahertz 3D Imaging ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API), announces that its subsidiary, Picometrix, has received a follow-on $600,000 Phase II government contract from NASA for further development of a co... Read full release»
Oct 20, 2011
Advanced Photonix Announces FY2011 Second Quarter Conference Call and Webcast
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) will announce its FY2012 second quarter (ending September 30, 2011) financial results on Monday, November 14, 2011. The company will host a conference call at 4:30pm EST. Participating ... Read full release»
Aug 19, 2011
Advanced Photonix, Inc. Announces Hiring of Jeffrey Anderson as Chief Financial Officer
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix® company (NYSE Amex: API), announced today that it has hired Jeffrey Anderson, as the Chief Financial Officer, effective August 29, 2011. Richard (Rick) Kurtz President and CEO of Advanced Photonix, Inc, ... Read full release»
Aug 15, 2011
Advanced Photonix, Inc. Reports First Quarter 2012 Results with Revenue Growth of 30%
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) (the "Company") today reported its first quarter fiscal 2012 results ending July 1, 2011. Financial Highlights for the First Quarter compared to the prior year ... Read full release»
Aug 8, 2011
Advanced Photonix to Webcast FY2012 First Quarter Earnings Conference Call
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) will announce its first quarter of fiscal 2012 (ending July 1, 2011) financial results on Monday, August 15, 2011. The company will host a conference call at 4:30pm EDT. Partic... Read full release»
Jul 14, 2011
Advanced Photonix, Inc. Announces Phase III T-Ray 4000® System Sale
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) today announced that the Naval Undersea Warfare Center (NUWC) purchased a T-Ray 4000® from its wholly-owned subsidiary, Picometrix, LLC, to be used for research and testing applications that suppo... Read full release»
Jun 29, 2011
Advanced Photonix Reports Fourth Quarter and Fiscal 2011 Results
Fiscal Revenues improved by 37%Fiscal EBITDA improved by $2.1 million ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) (the "Company") today reported its fourth quarter and year end fiscal 2011 results ending Ma... Read full release»
Jun 22, 2011
Advanced Photonix to Webcast Q4 and Fiscal 2011 Earnings Conference Call
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) will announce its fourth quarter and fiscal 2010 year end (ending March 31, 2011) financial results on Wednesday, June 29, 2011. The company will host a conference call at 4:30pm EDT. ... Read full release»
Jun 17, 2011
Advanced Photonix, Inc. Set to Join Russell Microcap Index
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc. ® (NYSE Amex: API) will join the Russell Microcap® Index when Russell Investments reconstitutes its family of U.S. indexes on June 24, according to a preliminary list of additions posted June 10 on www.russell.com/... Read full release»
May 24, 2011
Advanced Photonix, Inc. Announces T-RAY 4000® System Sale to Denmark Technical University
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) today announced that the Lyngby campus of The Technical University of Denmark (DTU) has purchased a T-Ray 4000® from its wholly-owned subsidiary, Picometrix, for terahertz time-domain studies. Ter... Read full release»
May 23, 2011
Advanced Photonix, Inc. to Present Live at B. Riley Investor Conference
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc. ® (NYSE Amex: API) a leading supplier with a broad offering of optoelectronic products to a global customer base will present at the 12th Annual B. Riley & Co. Investor Conference in California next week. The conference... Read full release»
May 19, 2011
Advanced Photonix, Inc. to Participate at Investor Conferences
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc.® (NYSE Amex: API) will participate in 12th Annual B. Riley & Co. Investor Conference in California later this month. The conference is May 23-25, 2011 at the Loews Santa Monica Beach Hotel in Santa Monica, California. A... Read full release»
May 10, 2011
Advanced Photonix, Inc. Announces Another Online Deployment of the T-Ray® 4000 System for Process Control
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix (API) today announced that it has received a second order from a major manufacturer of extruded web plastic products for a T-Ray 4000® system to be deployed on a factory line for online process control. This further validates... Read full release»
Apr 6, 2011
Advanced Photonix, Inc. Announces Sale of Computer Tomography System Option
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix® company (NYSE Amex: API), announced today that it has shipped the second Computer Tomography (CT) accessory to NICT in Japan. Building upon its previously purchased T-Ray 4000®, NICT is expanding its base system capabil... Read full release»
Apr 4, 2011
Advanced Photonix, Inc. Announces Promotion of Rob Risser to Chief Operating Officer
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix® company (NYSE Amex: API), announced today that it has promoted Robin Risser, currently the Chief Financial Officer to Chief Operating Officer and member of the Board of Directors. Richard (Rick) Kurtz Preside... Read full release»
Feb 25, 2011
Advanced Photonix, Inc. Completes Its Shelf Offering with a $2.4 Million Underwriting
ANN ARBOR, Mich.--(BUSINESS WIRE)-- Advanced Photonix, Inc. (NYSE-Amex: API) announced today that it entered into an underwriting agreement with B. Riley & Co., LLC, providing for the sale of 1,200,000 shares of its Class A Common Stock at a purchase price of $1.97 a share, less an u... Read full release»
Feb 18, 2011
Advanced Photonix, Inc. (NYSE Amex: API) states that its policy is not to comment on unusual market activity
ANN ARBOR, Mich.--(BUSINESS WIRE)-- In view of the unusual market activity in the common stock of Advanced Photonix on February 17, 2011 (NYSE Amex: API), the NYSE has contacted the company in accordance with its usual practice. The company stated that it is our company policy not to... Read full release»
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