Press Releases

Richmond, BC, August 25, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, announces that it has made a grant of Stock Options in the ordinary course to certain officers and employees, under its Stock Option Plan to purchase an aggregate of 170,000 common shares of the Company. The exercise price of the options granted was set at the

Richmond, BC, August 17, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, has reported its financial results for the three and six month periods ended June 30, 2017. Second Quarter and Year-to-Date 2017 Highlights  Second quarter 2017 revenue of $8.9 million increased 23% versus the prior year quarter and first half revenue of $20.8 million increased 44% versus

Richmond, BC, August 11, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, will release its second quarter 2017 financial results on Thursday August 17, at 6:00 a.m. Eastern time. The Company will hold a conference call the same day (Thursday August 17) at 11:00 a.m. Eastern time hosted by Scott Edmonds, Chief Executive Officer and Daniel Lee, Chief

Richmond, BC, August 8, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, announced today the appointment of Ace Instruments as its new distributor for its Focus®2.0 Optical Gas Flow Meter (“OFM”) and related products. “We are extremely pleased to appoint Ace Instruments as our Exclusive Distributor for our Optical Flow Meter products for Alberta, British Columbia and Saskatchewan,

Richmond, BC, July 17, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, announced today that it has promoted Daniel Lee, VP Finance to the role of Chief Financial Officer effective July 15, 2017. “Daniel, who has served as our VP Finance since April 2017, is an accomplished executive who has a depth of public company reporting, management control

Richmond, BC, July 17, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, announced today that it has promoted Daniel Lee, VP Finance to the role of Chief Financial Officer effective July 15, 2017. “Daniel, who has served as our VP Finance since April 2017, is an accomplished executive who has a depth of public company reporting, management control

Richmond, BC, May 30, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, has reported financial results for the quarter ended March 31, 2017. See the Press Release

Richmond, BC, May 29, 2017 – Photon Control Inc. (the “Company”) (TSX V: PHO), a leading developer of optical measurement technologies, announces that Gerald Adams, Chief Financial Officer has provided the Company with written notice of his intention to leave the Company on August 31, 2017. The Company has commenced a search for Mr Adams’ replacement and expects the role to be filled prior to his departure. Said Scott

Richmond, BC, May 24, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX‐V: PHO), a leading developer of optical measurement technologies, will release its first quarter 2017 financial results on Tuesday, May 30 at 5:30 a.m. Eastern time. The Company will hold a conference call the same day (Tuesday, May 30) at 11:00 a.m. Eastern time hosted by Scott Edmonds, Chief Executive Officer and Gerald Adams, Chief

Richmond, BC, April 27, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX‐V: PHO), a leading developer of optical measurement technologies, has reported financial results for the fourth quarter and fiscal year ended December 31, 2016. Fourth Quarter 2016 and 2015 Financial Results Comparison Revenue increased 55% to $9.0 million Gross profit increased 48% to $4.3 million Net earnings before taxes increased 15% to $2.4 million Full

Richmond, BC, April 20, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, will release its fourth quarter and full year 2016 financial results on Thursday, April 27 at 5:30 a.m. Eastern time. The Company will hold a conference call the same day (Thursday, April 27) at 11:00 a.m. Eastern time hosted by Neil McDonnell, Board Chair, Scott Edmonds,

Richmond, BC, April 17, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, is pleased to announce that it has closed the transaction with Photon Control R&D Ltd. (“R&D”) on the terms set out in its news release of April 10, 2017. As a result of the closing: Photon Control has acquired full ownership of all intellectual property, products,

Photon Control acquires all ownership of products, names, trademarks and intellectual property Transfer of research, product development and customer service employees to Photon Control Settlement removes uncertainty for Photon Control customers Transaction to close April 14, 2017 Burnaby, BC, April 10, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies primarily used in the semiconductor equipment industry, has executed

Burnaby, BC, March 31, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies primarily used in the semiconductor equipment industry; announced today, that it has made the following appointments to its Board of Directors and Management Team: Chuck Cargile, Director Scott Edmonds, President and CEO, and Director Paul Hellebrekers, Chief Operating Officer Yuri Sikorski, VP Solutions Engineering “Adding Chuck

Burnaby, BC, March 31, 2017 – Photon Control Inc. . (“Photon Control” or the “Company”) (TSX‐V: PHO), a leading developer of optical measurement technologies, today announced certain changes to its Board of Directors (the “Board”) and management team. Messrs. Robert B. Breault and Joseph Litner have each resigned from the Board of Photon Control, effective March 30, 2017. Mr. Michael W. Goldstein has resigned from the Board of Photon

Proposed settlement would remove significant uncertainty and distraction for Photon Control and its customers. Photon Control would acquire undisputed ownership of intellectual property and internalize R&D activities. Settlement would more than halve existing royalty rates and term of the disputed agreements. Burnaby, BC, March 20, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, announces that it has signed

Y-Y 47% Revenue Increase, 57% Backlog Increase Burnaby, BC, February 27, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, reported preliminary unaudited financial results for the quarter ended December 31, 2016. All figures are reported in Canadian dollars. The financial results are preliminary only and subject to change based on the Company’s customary year-end audit review process. Photon

2017 TSX Venture 50 – Photon Control Inc. from Photon Control Inc.. Burnaby, BC, February 24, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, was recognized as a TSX Venture 50TMcompany in 2017 for the third consecutive year. TSX Venture Exchange, in each of five major industry sectors. Recipients are ranked based with equal weighting given to return on investment,

Burnaby, BC, February 23, 2017 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX-V: PHO), a leading developer of optical measurement technologies, is proud to announce its fourth consecutive performance recognition. PROFIT 500: Canadian Business and PROFIT ranked Photon Control Inc. part of its annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500

Burnaby, BC, February 2, 2017 – Photon Control Inc. (the “Company”) (TSX V: PHO), a leading developer of optical measurement technologies, announces the grant under its Stock Option Plan of stock options to purchase an aggregate of 325,000 common shares of the Company at an exercise price of $1.14 per share for a term of 5 years. The stock options were granted to employees of the Company and are