Precision Optics Corporation (Nasdaq: POCI), a global leader in the
design and development of optical components and systems for
advanced medical, industrial, and defense/aerospace applications,
is pleased to announce the launch of the Unity Imaging Platform,
comprising a standard baseline CMOS endoscopic system with
customization options based on existing or newly designed
sub-components. This groundbreaking modular optical platform is set
to transform the development and production of endoscopic imaging
devices by significantly reducing costs, time to market, and
project risks.
A Platform Built on a Depth of ExperienceThe
Unity Imaging Platform (“Unity”) represents the culmination of many
years of research, development, and collaboration with key industry
players. By leveraging insights from many previous projects, Unity
incorporates proven design architectures to meet the unique needs
of today’s medical imaging devices. Customers benefit from a
modular, adaptable solution that simplifies every stage of the
development process, from prototyping to production using the
latest technologies.
“The Unity platform embodies Precision Optics’ deep expertise in
CMOS-based imaging systems and our commitment to accelerating
innovation in medical technology,” said Dr. Joe Forkey, CEO of
Precision Optics. “By consolidating common design elements and
offering a flexible, modular architecture, appropriate for both
re-usable and single-use endoscopic systems, Unity enables faster,
more cost-effective development while maintaining the very highest
standards of quality and compliance.”
Revolutionizing the One Customer, One Device
ApproachTraditionally, optical development in medical
imaging has been highly customized, with each solution tailored to
the specific needs of an individual project. While effective, this
approach often results in long development cycles and higher costs.
Unity flips this model on its head by delivering a robust,
adaptable system that serves as a foundation for entire families of
products.
Jonathan Everett, Vice President of Engineering at Precision
Optics, explained, “With Unity, we’re able to provide customers
with a functional video pipeline early in the development process.
This accelerates their system integration efforts and allows them
to gather feedback from stakeholders much sooner, ultimately
shortening the time to market and enhancing overall project
efficiency.”
Key Benefits of the Unity Imaging Platform
- Accelerated Time to
Market: Customers can begin system integration and user
testing earlier, reducing development cycles and speeding up the
path to production.
- Cost Efficiency: By leveraging pre-validated
design elements, customers minimize the need for bespoke
engineering efforts, resulting in potential cost savings as the
risks of redesign are low.
- Risk Mitigation: Unity’s proven architectures
reduce the uncertainties inherent in developing novel imaging
devices, ensuring regulatory compliance and robust
performance.
- Scalability: The
platform supports the development of multiple products from a
single design framework, offering scalability for growing product
portfolios.
Driving Innovation in Single-Use
EndoscopySingle-use endoscopic devices are a rapidly
growing segment within medical imaging, offering significant
benefits in terms of safety and cost-effectiveness. Unity uniquely
suits this market, providing an ideal foundation for developing
disposable imaging solutions.
“Our recent production launches of single-use endoscopes
showcase the power of our technology to meet the stringent cost and
performance demands of this sector,” Dr. Forkey noted. “With two
programs already in production and more in development, we are
driving advancements that benefit patients, healthcare providers,
and device manufacturers alike.”
An Accelerated Approach to Cutting-Edge
SolutionsPrecision Optics has a long-standing reputation
for fostering collaborative partnerships with its customers. Unity
enhances these relationships by offering a shared vision for
innovation and a pathway to market success. Early adopters of Unity
have expressed enthusiasm about its accelerated, streamlined
development process and potential to expand their product
capabilities.
“The response from our key partners has been very positive,” Dr.
Forkey said. “By thinking beyond individual projects and embracing
a standardized approach, our customers can unlock new opportunities
for growth and innovation.”
Looking AheadWith the launch of Unity,
Precision Optics is poised to lead the next generation of optical
innovation. Upcoming platform expansions will include advanced
capabilities such as multi-sensor imaging for 3D and fluorescence
applications, enabling groundbreaking medical procedures that
improve patient outcomes.
“Unity is not just a platform; it’s premised on a philosophy of
continuous improvement,” Everett added. “We’re excited to work with
our customers to bring new levels of performance, efficiency, and
impact to medical imaging.”
About Precision Optics Corporation
Founded in 1982, Precision Optics is a vertically integrated
optics company primarily focused on leveraging its proprietary
micro-optics and 3D imaging technologies to the healthcare and
defense/aerospace industries by providing services ranging from new
product concept through mass manufacture. Utilizing its
leading-edge in-house design, prototype, regulatory and fabrication
capabilities as well as its Lighthouse Imaging division's
electronic imaging expertise and its Ross Optical division's high
volume world-wide sourcing, inspecting and production resources,
the Company designs and manufactures next-generation product
solutions for the most challenging customer requirements. Within
healthcare, Precision Optics enables next generation medical device
companies around the world to meet the increasing demands of the
surgical community who require more enhanced and smaller imaging
systems for minimally invasive surgery, including single-use
medical devices, as well as 3D endoscopy systems to support the
rapid proliferation of surgical robotic systems. In addition to
these next generation applications, Precision Optics has supplied
top tier medical device companies with a wide variety of optical
products for decades, including complex endocouplers and
specialized endoscopes. The Company is also leveraging its
technical proficiency in micro-optics to enable leading edge
defense/aerospace applications which require the highest quality
standards and the optimization of size, weight and power. For more
information, please visit www.poci.com.
About Forward-Looking Statements
This press release contains forward-looking statements.
Forward-looking statements include, but are not limited to,
statements which express the Company's intentions, beliefs,
expectations, strategies, predictions or any other statements
related to the Company's future activities or future events or
conditions. These statements are based on current expectations,
estimates and projections about the Company's business based, in
part, on assumptions made by the Company's management. These
statements are not guarantees of future performance and involve
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed or forecasted in the forward-looking statements
due to numerous factors. Any forward-looking statements speak only
as of the date on which they are made, and the Company does not
undertake any obligation to update any forward-looking statement,
except as required by law.
Company Contact:Clay SchwabePrecision Optics
Corporation22 East BroadwayGardner, Massachusetts
01440-3338Telephone: 978-630-1800
Investor Contact:LYTHAM PARTNERS, LLCRobert
BlumTelephone: 602-889-9700poci@lythampartners.com
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