Zecotek Named to the TSX Venture Top 50 List of Companies SINGAPORE, Feb. 13, 2014 /PRNewswire/ - Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I.F), a developer of leading-edge photonics technologies for medical, industrial and scientific markets, has been named a 2014 TSX Venture 50® company by the TMX Group. The TSX Venture 50® ranks the top 10 companies in 5 major industry sectors by identifying those emerging companies which have shown strong results in key measures of market performance. Zecotek was ranked sixth in the list of top Canadian Technology & Life Sciences companies.
"During the past 12 months, Zecotek made significant progress towards the full commercialization of its scintillation crystals, MAPD solid-state photo detectors and a portfolio of leading edge photonic technologies," said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. "In 2013, Zecotek formed strategic partnerships with leading companies such as Hamamatsu Photonics of Japan which has advanced the sale of scintillation crystals to third party PET medical scanning device manufactures. We continued the protection of our intellectual property through filing of patents and the legal action against St. Gobain and Philips for patent infringement. We also advanced our 3D display technology and components for PET medical scanning devices. It is an honour to receive recognition from the TSX Group which validates the hard work and dedication of our management and scientific teams."
The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange, in each of five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and clean technology - based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2013.