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LightPath Technologies Signs Distribution Agreement with AceXon Technologies to Expand Distribution Network in Southeast Asia

Date Announced: 14 Aug 2013

Agreement Enhances Distribution Coverage For Singapore, Malaysia, and Thailand.

ORLANDO, Fla., Aug. 14, 2013 /PRNewswire/ -- LightPath Technologies, Inc. (LPTH) ("LightPath", the "Company" or "we"), a global manufacturer, distributor and integrator of patented optical components and high-level assemblies, today announced it has signed a distribution agreement with AceXon Technologies Pte. Ltd.

Under the terms of the agreement, AceXon Technologies will distribute LightPath's broad range of optical products throughout Singapore, Malaysia, and Thailand.

Jim Gaynor, CEO of LightPath, commented, "LightPath is continuing its strategy of improving cost structures, expanding markets and addressing higher volumes.

"A key part of this strategy is to improve our channels to our markets. Since 2004, AceXon has developed strong relationships with OEM customers in a variety of opto-electronic markets ranging from industrial to scientific to medical.

"AceXon has a strong emphasis on laser-based applications, distributing DPSS, fiber, gas lasers as well as laser diodes. Many of these lasers can be used with the optics and optical assemblies that LightPath produces, making this agreement a natural fit. We are very pleased to welcome AceXon Technologies to our network of worldwide distributors."

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Web Site: www.lightpath.com

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