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Fuzhou,
China᾿Photop Technologies Incorporated and Corning Incorporated
(NYSE: GLW) announced today that the two companies have entered
into a non exclusive distribution agreement specific to Corning
Incorporated’s Specialty Materials Division. Under the terms
of this agreement Photop Technologies will be commissioned to market
and distribute certain Corning Incorporated specialty glasses and
glass ceramics throughout The People’s Republic of China. Corning’s
Specialty Materials Division will continue to service its products
in China via its offices in Shanghai and Hong Kong.
Mr. Sunny Sun, COO, Photop Technologies notes, “We are looking
forward to further expanding our relationship with Corning Incorporated
and we are certain that our excellent sales and distribution network
will play a key role in enhancing the presence of Corning’s products
throughout the People’s Republic of ChinaἿ/p>
Mark Matthews, Business Manager and Division Vice President Specialty
Materials adds, “We are pleased to enter into an agreement that allows
Corning to offer more localized access to portions of our product portfolioἿ
Matthews went on to say: “We believe that Photop Technologies will be a
solid add to our existing distributor baseἿp>
Photop Technologies is a leading component supplier and global manufacturing
partner. This agreement is based on a success of strategic cooperation between
Photop and Corning. In 2005 Photop received the Superior Supplier Award of the
Supplier Total Value Process (STVP) from Corning Incorporated.
Corning Incorporated has demonstrated more than 150 years of leading the
innovation and commercialization of products that have had and continue to have
significant global impact.
About Photop Technologies, Inc.
Photop Technologies, Inc. (www.photoptech.com)
is a leading photonics design & integrated manufacturing company
on Fiber Optics & Optics, Projection & Display Optics, Laser, Crystal
Material, and Photonics Products.
About Corning Incorporated
Corning Incorporated (www.corning.com)
is a diversified technology company that concentrates its efforts
on high-impact growth opportunities. Corning combines its expertise
in specialty glass, ceramic materials, polymers and the manipulation
of the properties of light, with strong process and manufacturing
capabilities to develop, engineer and commercialize significant
innovative products for the telecommunications, flat panel display,
environmental, semiconductor, and life sciences industries.
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