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StockerYale Enables Optical Current Sensors for the Electric Power Industry

Posted on: Wednesday, 29 March 2006, 09:00 CST

StockerYale, Inc. (NASDAQ: STKR) a leading provider of specialty optical fiber and components, provides advanced optical fiber and optical fiber based components for the NxtPhase NXCT and NXVCT line of Optical Current and Voltage Sensors. This innovative line of NxtPhase sensors are changing the way high-voltage electric power is managed in the competitive electric power industry.

NxtPhase Optical Current and Voltage Sensors are proving to be an attractive alternative to conventional iron-core instrument transformers, bringing a new level of accuracy to electric utilities. Major advantages include improved accuracy over a broader dynamic range, wider band-width, zero risk of explosive failure, lighter weight and an environmentally safe design. The market for optical current and voltage sensors is expected to grow significantly over the next two decades as electric utilities upgrade their aging equipment to more seamlessly control power through the power grid.

"StockerYale works in close collaboration with NxtPhase to provide all-fiber based solutions for their sensors. The Company's polarization maintaining fiber and fiber based components are an integral part of the systems which demands high performance and reliability. We are excited to be working with NxtPhase and being a part of the next generation sensing technology for electric utilities," said Paul Jortberg, Vice President of Sales for StockerYale's Optical Components business unit.

"We've been using StockerYale fibers for nearly two years and are extremely satisfied with the quality and customer service we've experienced," commented Dr. Allen Rose, Sr. Optical Engineer at NxtPhase, "We look forward to a long and mutually beneficial relationship between our companies."

About StockerYale

StockerYale, Inc., headquartered in Salem, New Hampshire, is an independent designer and manufacturer of structured light lasers, LED modules, and specialty optical fibers for industry-leading OEMs. In addition, the Company manufactures fluorescent lighting products and phase masks. The Company serves a wide range of markets including the machine vision, industrial inspection, defense, telecommunication, sensors, and medical markets. StockerYale has offices and subsidiaries in the U.S., Canada, and Europe.

For more information about StockerYale and their innovative products, visit the Company's web site at www.stockeryale.com or contact StockerYale, Inc., at 32 Hampshire Rd., Salem, NH, 03079. Call 800-843-8011, Fax 603-893-5604, Email: info@stockeryale.com.

About NxtPhase T&D

NxtPhase T&D Corporation develops, manufactures, and markets optical sensors and digital protection and recording solutions that are designed to change the way high-voltage electric power is managed in a competitive electric power industry. The NxtPhase relay and recorder line provides smart, easy-to-use protection and monitoring of electrical power systems. Optical current and voltage sensing products offer more accurate digital information, broader dynamic range, wider bandwidth, improved safety, and significant environmental benefits compared with conventional technologies. NxtPhase T&D Corporation is a privately held company with sales and manufacturing operations in the U.S. and Canada. Find out more about innovative NxtPhase solutions at www.nxtphase.com.

Notice to Investors:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact, including without limitation, those with respect to StockerYale's goals, plans and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uncertainty that cash balances may not be sufficient to allow StockerYale to meet all of its business goals; uncertainty that StockerYale's new products will gain market acceptance; the risk that delays and unanticipated expenses in developing new products could delay the commercial release of those products and affect revenue estimates; the risk that one of our competitors could develop and bring to market a technology that is superior to those products that we are currently developing; and StockerYale's ability to capitalize on its significant research and development efforts by successfully marketing those products that the Company develops. Forward-looking statements represent management's current expectations and are inherently uncertain. You should also refer to the discussion under "Factors Affecting Operating Results" in StockerYale's quarterly report on Form 10-QSB for additional matters to be considered in this regard. Thus, actual results may differ materially. All Company, brand, and product names are trademarks or registered trademarks of their respective holders. StockerYale undertakes no duty to update any of these forward-looking statements.

Source: Business Wire

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