MONTREAL, March 25 /PRNewswire-FirstCall/ -- Avensys Corporation (OTC Bulletin Board: AVNY; FRANKFURT WKN: A0M9YA) today announced that Avensys Tech, a division of its wholly-owned subsidiary Avensys Inc., and ITF Laboratories Inc. (ITF Labs), its partly owned R&D partner, have named Appletec Ltd. and Luster LightTech Corp. as distributors in Israel and China, respectively. Appletec and Luster will provide sales and support for Avensys Tech and ITF Labs' complete line of fiber laser and telecom components throughout Israel and China.

"Both Appletec and Luster have extensive telecom and photonics expertise and a proven track record of superb customer support in their markets," said Christian Lafrance, Director of Sales and Marketing for Avensys Tech. "We believe that by joining our worldwide sales network this will enable Avensys Inc. to tap into the local markets and provide support to the rapidly growing fiber lasers and advanced demodulation systems which are manufactured in both Israel and China."

About Appletec Ltd.

Established in 1990, Appletec is an electronics and optical components distributor that is focused on serving the local Israel communications, industrial, medical and defence markets. Appletec's forte is to provide customers with non-commodity products and solutions from five distinct component technologies, and in the integration of electronic and optical subsystems.

About Luster LightTech Corp.

Luster LightTech Corp. is the leading specialist distributor of telecom components for the 10G and 40G market and EDFA solutions for the Chinese Market. With offices in Beijing, Shanghai, Shenzhen, Hong-Kong and Chengdu, Luster is the perfect partner to support our customers across China.

About Avensys Corporation

Avensys Corporation operates Avensys Inc., its wholly-owned core subsidiary. Avensys Inc., through its manufacturing division Avensys Technologies, designs, manufactures, distributes, and markets high reliability optical components and modules as well as FBGs for the telecom market and high power devices and sub-assemblies for the industrial market. Avensys Technologies is also a pioneer in the development of packaged fiber-based sensors and possesses leading edge intellectual property. Avensys Environmental Solutions, also a division of Avensys Inc., is an industry leader in providing environmental monitoring solutions for air, water and soil in the Canadian marketplace. To find out more about Avensys Technologies, please visit website www.avensystech.com. For more information on ITF Labs, please visit www.itflabs.com. For Avensys Corporation company news and updates you can also visit www.avensyscorporation.com.

Forward-Looking Statements

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.



    For more information, please contact:
    Truc Nguyen or Christopher Chu
    The Global Consulting Group
    T: +1-646-284-9400
    E: tnguyen@hfgcg.com | E: cchu@hfgcg.com

SOURCE Avensys Corporation