StockerYale Changes Name to ProPhotonix Limited
SALEM, NH - StockerYale Inc., the designer and manufacturer of LED systems and diode-based laser modules for industry leading OEMs, has changed its name to ProPhotonix Limited, with immediate effect. The name change is to reflect the company’s track record for innovations in optics technology for both LED systems and diode-based lasers. In accordance with the change of name the company’s ticker will be changed in due course.
“Following last year’s sale of the company’s North American operations combined with our increased focus on leveraging our LED technology into new, much larger markets not previously addressed by the company, we believe adopting a new name and brand identity is a logical next step in our growth strategy,” says Mark W. Blodgett, chairman and CEO of ProPhotonix.
“The new name gives customers, suppliers, and investors a clearer definition of what we do and the direction we intend to pursue. While the StockerYale brand is well known in the machine vision industry, it does not clearly reflect that we are a technology company, developing and manufacturing unique LED and laser module products for the medical, defense and industrial markets.”
ProPhotonix Limited is an independent designer and manufacturer of diode-based laser modules and LED systems for industry leading OEMs. In addition, the company distributes premium diodes for Opnext, Sanyo and Sony. The company serves a wide range of markets including the machine vision, industrial inspection, defense, sensors, and medical markets. ProPhotonix has offices and subsidiaries in the United States, Ireland and Europe.
On June 3, the Department of Energy (DOE) issued a notice of noncompliance for three manufacturers of evaporative coils: Summit Manufacturing, Aspen Manufacturing, and Advanced Distributor Products (ADP). In response, all three companies stated that there were errors in the data used by DOE to evaluate their compliance with federal energy conservation standards, and that they did not distribute any noncompliant models to consumers.
According to DOE’s press release, the department determined that 61 heat pump models and 1 air conditioner model manufactured by Summit, Aspen, and ADP did not comply with federal energy conservation standards. DOE determined that these models were noncompliant based on certification information submitted by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) on behalf of the manufacturers. But the manufacturers responded that some of the information in the AHRI database was entered incorrectly by the companies, which made it appear that they were selling noncompliant units.
As part of its action, DOE ordered the manufacturers to stop selling the cited units, and to notify all of their customers that had been sold those units. Currently, the manufacturers are in the process of confirming that they did not distribute any noncompliant models to customers and communicating with DOE to clarify their compliance with federal energy standards.
Steve Yurek, president and CEO of AHRI, said, “We are disappointed that despite our continuous efforts, the Department of Energy continues to issue notices of noncompliance to manufacturers for alleged violations of federal minimum efficiency standards when a simple inquiry would clarify the issues.”
“Following last year’s sale of the company’s North American operations combined with our increased focus on leveraging our LED technology into new, much larger markets not previously addressed by the company, we believe adopting a new name and brand identity is a logical next step in our growth strategy,” says Mark W. Blodgett, chairman and CEO of ProPhotonix.
“The new name gives customers, suppliers, and investors a clearer definition of what we do and the direction we intend to pursue. While the StockerYale brand is well known in the machine vision industry, it does not clearly reflect that we are a technology company, developing and manufacturing unique LED and laser module products for the medical, defense and industrial markets.”
ProPhotonix Limited is an independent designer and manufacturer of diode-based laser modules and LED systems for industry leading OEMs. In addition, the company distributes premium diodes for Opnext, Sanyo and Sony. The company serves a wide range of markets including the machine vision, industrial inspection, defense, sensors, and medical markets. ProPhotonix has offices and subsidiaries in the United States, Ireland and Europe.
According to DOE’s press release, the department determined that 61 heat pump models and 1 air conditioner model manufactured by Summit, Aspen, and ADP did not comply with federal energy conservation standards. DOE determined that these models were noncompliant based on certification information submitted by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) on behalf of the manufacturers. But the manufacturers responded that some of the information in the AHRI database was entered incorrectly by the companies, which made it appear that they were selling noncompliant units.
As part of its action, DOE ordered the manufacturers to stop selling the cited units, and to notify all of their customers that had been sold those units. Currently, the manufacturers are in the process of confirming that they did not distribute any noncompliant models to customers and communicating with DOE to clarify their compliance with federal energy standards.
Steve Yurek, president and CEO of AHRI, said, “We are disappointed that despite our continuous efforts, the Department of Energy continues to issue notices of noncompliance to manufacturers for alleged violations of federal minimum efficiency standards when a simple inquiry would clarify the issues.”
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