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[Mick1968]

Agreement-in-Principle with Fujikura Ltd.
January 03, 2008
Zecotek and Fujikura Ltd. of Japan Reach Agreement-in-Principle on Partnership for Development, Manufacture and Distribution of Key Zecotek Products
Vancouver, BC – January 3, 2007 - Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I) today announced that following the LOI signed in October and the recent visit by senior officials of Fujikura Ltd. to Zecotek’s Vancouver and Seattle facilities, both companies have reached an agreement-in-principle to form a partnership for the development, manufacture and sales of key Zecotek products, including Zecotek’s proprietary fiber lasers. In order to finalize the structural and operational details, both parties have agreed to extend the current LOI to January 31, 2008. Under the proposed agreement Fujikura will contribute, technical support and manufacturing know-how for certain products to be manufactured and distributed by Fujikura under the partnership.

“We are very pleased that following a thorough inspection of our facilities and our technologies, Fujikura officials came to a rapid decision to proceed with our proposed partnership,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek. “We see this as a very strong endorsement of both our technological leadership and our product development roadmap. Fujikura, with its technological awareness, manufacturing expertise, strong brand and global distribution network, will provide an outstanding partnership for Zecotek.”

Following meetings in Tokyo in November a delegation of senior Fujikura officials visited Zecotek’s Vancouver laboratories and inspected Zecotek’s 3D2D Display technology. The officials also visited laboratories at the University of British Columbia and University of Washington and inspected Zecotek’s joint Optical Coherence Tomography, Thin Film Laser and PET/MRI projects. At the conclusion of the visits, Fujikura and Zecotek reached an agreement-in-principle to form a partnership for the manufacture and sales of Zecotek products, including Zecotek’s proprietary fiber lasers.

“We are highly impressed with both Zecotek’s technological depth and the market potential of their product portfolio,” said a representative of Fujikura Ltd. “We look forward to working with Zecotek on not only their fiber lasers, but on many of their other products and technologies which complement and extend our current business lines.”

About Fujikura Limited
Fujikura is a leading manufacturer of world-class optical fiber communication cables. It is also active in optical components, optical instruments, new electronic and automotive components, and the development of new technologies. Fujikura Ltd commemorated the 120th anniversary of its founding in 2005. Today, the scope of its business has broadened beyond core cable products for the electrical power industry and plants, and encompasses the electronic equipment, auto and telecommunications industries. Fujikura relentlessly strives to create novel solutions through R&D and has delivered leading products, such as optical fibers and flexible print circuits. For more information, please visit www.fujikura.co.jp

About Zecotek
Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I), is a photonics technology company developing high-performance crystals, photo detectors, lasers, optical imaging and 3D display technologies for commercial applications in the medical diagnostics and high-tech industries. Founded in 2003, the company operates three distinct divisions: imaging, lasers and 3D display, with labs located in Canada, USA, Singapore and Russia. Zecotek commercializes its novel, patented and patent-pending photonic technologies directly and through strategic alliances and joint ventures with multinational OEMs, distributors and other industry leaders. For more information, please visit www.zecotek.com.

This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.

For additional information please contact:

Zecotek Photonics Inc., MICHAEL MINDER, CFO; VP Corporate Development, T: [phone]

Caliber Capital Partners, TIM MCNULTY, T: [phone], E: [e-mail]

Fujikura Ltd., DR. YONG-TSONG TAN, T: ([phone], E: [e-mail]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. If you would like to receive news from Zecotek in the future please visit the corporate website at www.zecotek.com.

[Mick1968]

Vereinbarung-in-Grundregel mit Fujikura Ltd. Januar 03, 2008 Zecotek und Fujikura Ltd. der Japan Reichweite Vereinbarung-in-Grundregel auf Teilhaberschaft für Entwicklung, Herstellung und Verteilung der Schlüsselzecotek Produkte Vancouver, BC - Januar 3, 2007 - Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I) daß, dem LOI folgend, das im Oktober und den neuen Besuch von den höheren Beamten von Fujikura Ltd. Vancouver und Seattle Zecoteks zum Service unterzeichnet wird, beide Firmen eine Vereinbarung-in-Grundregel, um eine erreicht haben Teilhaberschaft für die Entwicklung, die Herstellung und die Verkäufe der Schlüsselzecotek Produkte zu bilden, einschließlich Zecoteks eigene Faserlaser heute verkündet. Um die strukturellen und funktionsfähigen Details zu beenden, sind beide Parteien damit einverstanden ge$$$WESEN das gegenwärtige LOI bis Januar 31, 2008 zu verlängern. Unter der vorgeschlagenen Vereinbarung trägt Fujikura, technische Unterstützung und Herstellung Know-how bei, damit bestimmte Produkte von Fujikura unter die Teilhaberschaft hergestellt werden und verteilt werden können. "wir sind das sehr erfreut, das einer vollständigen Kontrolle unseres Service folgt und unsere Technologien, kamen Fujikura Beamte zu einer schnellen Entscheidung, mit unserer vorgeschlagenen Teilhaberschaft fortzufahren,", sagte Dr. A.F. Zerrouk, Vorsitzender, Präsident und CEO von Zecotek. "wir sehen dieses als sehr starke Aufschrift unserer technologischen Führung und unseres Produktentwicklung Schaltplanes. Fujikura, mit seinem technologischen Bewußtsein, herstellensachkenntnis, starke Marke und globales Verteilungsnetz, stellen eine hervorragende Teilhaberschaft für Zecotek."zur Verfügung Folgende Sitzungen in Tokyo im November eine Delegation ältere der Fujikura Beamte besuchten Zecoteks Vancouver Labors und 3D2D kontrollierten Zecoteks zeigen Technologie an. Die besichtigten Labors der Beamten auch an der Universität von Britisch-Kolumbien und Universität von Washington und kontrollierten Zecoteks gemeinsame optische Kohärenz-Tomographie, Dünnfilm-Laser und PET/MRI Projekte. An der Zusammenfassung der Besuche, erreichten Fujikura und Zecotek eine Vereinbarung-in-Grundregel, um eine Teilhaberschaft für die Herstellung und die Verkäufe der Zecotek Produkte, einschließlich Zecoteks eigene Faserlaser zu bilden. "wir werden in hohem Grade mit Zecoteks technologischer Tiefe beeindruckt und das Marktpotential ihrer Produktmappe," sagte einen Repräsentanten von Fujikura Ltd.. "wir freuen, mit Zecotek auf nicht nur ihren Faserlasern, aber auf vielen ihrer anderen Produkte und Technologien zu arbeiten, die ergänzen und verlängern unsere Geschäftlinien."