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Photon Control Announces Rapid Prototyping Program

Vancouver, BC, September 27, 2018 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies to the global semiconductor industry, announced today the introduction of a Rapid Prototyping program for its fiber optic sensor product lines.

This new program reduces lead times for producing prototype sensors to an industry best of four to six weeks, a reduction of over 40% from current lead times. The program has been successfully demonstrated on several fiber optic temperature sensors for top-tier wafer fabrication equipment suppliers, with the prototypes delivered ahead of plan.

“We are thrilled to offer this new Rapid Prototyping capability to our customers for their critical development programs,” said Scott Edmonds, Chief Executive Officer. “Our Rapid Prototyping program is designed to support our customers’ efforts to reduce time-to-market for their most advanced products and it highlights our commitment to speed and innovation. This program is designed to support our efforts to both expand our product offerings and our win ratio for new business.”

Sal Akram, Senior. Vice President of Engineering, said of the program, “The Rapid Prototyping capability was developed by forming a dedicated team, stocking key inventory, and upgrading our on-site machine shop. Our customers are very excited about the new program and are extremely pleased with the early results.”

About Photon Control Inc.

Photon Control Inc. designs, manufactures and distributes a wide range of optical sensors and systems to measure temperature and position. These products are used by the world’s largest wafer fabrication equipment manufacturers and end users in the semiconductor and solid-state industries. Photon Control Inc.’s high quality products provide industry leading accuracy, speed and quality in the most extreme conditions and are backed by a team of experts providing a variety of on-site and remote services including custom design, installation, training and support. Headquartered in an ISO 9001:2015 manufacturing facility in Vancouver, BC, Photon Control Inc. is listed on TSX, trading under the symbol ‘’PHO.” Additional information about the company can be found at www.photoncontrol.com/investors.html

Investor Relations Contact:
ir@photoncontrol.com

News Release 16-18