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StockerYale Signs Sole-Source Supply Agreement with NxtPhase

December 21, 2006

The company will provide specialty optical fibers and fiber-based components optimized for use with NxtPhase's optical current and voltage sensors.

SALEM, NH /BUSINESS WIRE/ -- StockerYale Inc. announced that it has signed a two-year, sole-source supply agreement with NxtPhase T&D, a manufacturer of optical sensors and digital protection and recording solutions for the electric power industry. StockerYale will supply a series of specialty optical fibers and fiber-based components optimized for use with the NxtPhase NXCT, NXVT and NXVCT line of optical current and voltage sensors. NxtPhase sensors are changing the way high-voltage electricity is managed in the electric power industry.

NxtPhase optical current and voltage sensors are proving to be an attractive alternative to conventional iron-core instrument transformers, bringing a new level of accuracy to electric utilities. Major advantages include improved accuracy over a broader dynamic range, wider bandwidth, zero risk of explosive failure, lighter weight, and an environmentally safe design. The market for optical current and voltage sensors is expected to grow significantly over the next two decades as electric utilities upgrade their aging equipment to more seamlessly control power through the power grid.

"We have worked closely with NxtPhase to develop polarization maintaining optical fibers specific to their applications over the past three years, and StockerYale is pleased to enter into this supply agreement with the leading optical sensor manufacturer serving the electric power industry," said Paul Jortberg, Senior Vice President at StockerYale.

About Stockeryale
StockerYale Inc., headquartered in Salem, NH, is an independent designer and manufacturer of structured light lasers, LED modules, and specialty optical fibers for industry leading OEMs. In addition, the company manufactures fluorescent lighting products and phase masks. The company serves a wide range of markets, including the machine vision, industrial inspection, defense, telecommunication, sensors, and medical markets. StockerYale has offices and subsidiaries in the U.S., Canada, and Europe.

For more information about StockerYale and its innovative products, visit the company's Web site; contact StockerYale Inc. at 32 Hampshire Rd., Salem, NH, 03079; call 800-843-8011; fax 603-893-5604; or email info@stockeryale.com.

About NxtPhase T&D
NxtPhase T&D Corp. develops, manufactures, and markets optical sensors and digital protection and recording solutions designed to change the way high-voltage electric power is managed in a competitive electric power industry. The NxtPhase relay and recorder line provides smart, easy-to-use protection and monitoring of electrical power systems. Optical current and voltage sensing products offer more accurate digital information, broader dynamic range, wider bandwidth, improved safety, and significant environmental benefits compared with conventional technologies. NxtPhase T&D Corp. is a privately held company with sales and manufacturing operations in the U.S. and Canada. Find out more about innovative NxtPhase solutions, visit the company's Web site.

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