Voxtel Announces Award of Seven Small Business Research and Development Contracts

Portland, OR. — July 3, 2003—Voxtel, Inc. today announced that it has received seven Small Business Innovative Research (SBIR) contracts totaling $490,000. The contract awards are to pursue research and development of highly sensitive infrared, laser radar (ladar), and electro-optical systems. The contract is sponsored by the Missile Defense Agency’s Small Business Innovation Research (SBIR) Program and managed by the U.S. Army Space and Missile Defense Command (Huntsville, AL) and the Air Force Research Laboratory, (Wright-Patterson AFB, Ohio).

The purpose of SBIR programs is to harness the innovative talents of small U.S. companies for increased U.S. economic strength. These seven new contract awards were among 424 awarded nationwide and the only contracts awarded in Oregon. Over the last year, Voxtel has been awarded $1.2M by the SBIR program.

The Phase 1 contract is a six-month period during which Voxtel will demonstrate its technical approaches. If fully executed through Phase 2 of the program, the contract values will total $5.74M.

The funded research to be performed by Voxtel supports the company’s ongoing development of sophisticated infrared detector and high-speed integrated circuit and sensor technologies. “We are pleased with the government’s overwhelming support of our core technologies,” said Mr. George Williams, Voxtel’s founder. “In this tough economic climate, we have chosen to focus on expanding on our technology base, and the US government financial and technical support of our research has Voxtel well positioned to expand rapidly into a number of important commercial, government and military markets.” The research will include the development of Voxtel’s infrared avalanche photodiode (APD) detectors, which are high speed detectors capable of detecting single photons, the primary particles of light, and are used for a broad range of applications including DNA sequencing, biomedical imaging, cancer screening, telecommunications, laser radar and astronomy.

ABOUT VOXTEL, INC.
Voxtel, Inc. is developing revolutionary electro-optical imaging products that  address potentially large commercial, government, and military markets. Voxtel’s products include high-speed, infrared devices that detect light with extraordinary sensitivity. The Company’s proprietary technology makes possible products such as breast cancer detection, quantum cryptology (secure telecommunications encryption), night vision, autonomous navigation, optical computing, 3D laser radar imaging and telecommunications.