Woburn,
MA, March 06, 2003
- Boston Applied Technologies
Incorporated (BATI) today signed an agreement with the Institute
of Electronic Information Technology and System at Zhejiang University
(IEITS), to form the Joint Photonic Research and Development Center
(JPRDC) in China. This effort will combine BATI's expertise in electro-optical
materials and components with IEITS' expertise in electronics and
high frequency control. Coupled with a low cost manufacturing capability
in China, BATI will offer its customers high-quality light intensity
and polarization management integrated solutions at a lower cost.
Zhejiang
University is one of the best universities in China. The state-of-the-art
facilities and world-class research capability at IEITS are very
important for BATI in choosing strategic alliance in China.
"China
will become the world center of telecommunication as well as the
biggest market for photonic components and systems; therefore, it
is time for BATI to make strategic move to explore the best market
opportunity," said Dr. Hua Jiang, President and CEO of BATI.
"The formation of JPRDC is the first step of our China strategic
move. We are very excited about the special opportunity and anticipate
a steady growth with the leverage of our alliance."
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