Chinese Institute for High Energy Physics Commits to Zecotek's LFS Scintillation Crystal for Adoption in Advanced Scientific Equipment

SINGAPORE--(Marketwired - October 25, 2017) - Zecotek Photonics Inc. (TSX VENTURE: ZMS) (FRANKFURT: W1I) (OTC PINK: ZMSPF), a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that its patented LFS scintillation crystals have been successfully assessed by the Institute of High Energy Physics (IHEP), the largest research laboratory in Beijing, China. Due to the positive results, IHEP has committed to use LFS crystals in current and future experiments. Contractual discussions for a long-term contract are in process.

"This is another notable milestone for Zecotek with the value of the initial contract estimated to be in the millions of dollars with a realistic forecast of significant growth," said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. "The most valuable opportunity for Zecotek is IHEP's Circular Electron Positron Collider which, when built, will be three times larger than the large hadron collider at CERN and seven times more powerful. The extreme high energy generated in this new collider requires LFS scintillation crystals with much higher radiation hardness compared to the crystals used in the smaller large hadron collider with a lower energy environment. This is another significant validation of the quality of Zecotek's technology. We see increasing momentum of interest across many companies and sectors for our patented photonics technologies and look forward to the conclusion of a very successful year."

Located in Beijing, IHEP is one of the world's preeminent centres for physics research with its main campus hosting the Beijing Electron-Positron Collider, the BESIII experiment, the Beijing Synchrotron Radiation Facility, and most of IHEP's research and administrative staff. Due to the scope and size of the experiments and monitoring installations, IHEP's requirement for LFS scintillation crystals will be significant.

IHEP conducts theoretical and experimental research into particle and astro-particle physics and related research in accelerator technologies and nuclear analysis techniques. It is part of the Chinese Academy of Sciences and is China's largest laboratory studying particle physics. Its focus is to understand the universe at the most fundamental level -- from the smallest subatomic particles to the large-scale structure of the cosmos.