ANN ARBOR, Mich., Feb. 11 /PRNewswire-FirstCall/ -- Advanced Photonix, Inc. (R) (NYSE Amex: API) announced today that it has received a $2.4 million follow-on order from a major defense prime contractor to deliver products within a 26-month time frame beginning May 2010. The Company expects most of the revenue to be recognized evenly over the next two fiscal years. The products to be supplied for this order include a custom photodiode assembly and optical sensor used for the Navy's Guided Missile Systems. The Guided Missile Weapon System is the world's most modern ship self-defense weapon, and has been specifically designed to provide exceptional protection for multiple ship platforms. This is in support of the Block 2 upgrade to the Rolling Airframe Missile (RAM) Guided Missile Weapon System. RAM Guided Missile Weapon System is co-developed and co-produced under a NATO cooperative program between the United States and Germany. This Missile is a supersonic, light-weight, quick-reaction, fire-and-forget missile designed to destroy anti-ship missiles. Its autonomous dual-mode passive RF-to-IR guidance design, requiring no shipboard support after missile launch, uniquely provides high-firepower capability for engaging multiple threats simultaneously. The Block 2 upgrade will enable the RAM missile to more effectively counter the emerging threat of more maneuverable anti-ship missiles. "We have been supplying these products to this customer for a number of years and we are pleased to provide continued support of this program," commented Richard (Rick) Kurtz, API's CEO. "The RAM Guided Missile Weapon System represents a significant military market legacy design win with a long product lifecycle for our custom optoelectronic solutions product platform." About Advanced Photonix, Inc. Advanced Photonix, Inc. (R) (NYSE Amex: API) is a leading supplier with a broad offering of optoelectronic products to a global customer base. We provide optoelectronic solutions, high-speed optical receivers and terahertz instrumentation for telecom, homeland security, military, medical and industrial markets. With our patented technology and state-of-the-art manufacturing we offer industry leading performance, exceptional quality, and high value added products to our OEM customer base. For more information visit us on the web at http://www.advancedphotonix.com/. The information contained herein includes forward looking statements that are based on assumptions that management believes to be reasonable but are subject to inherent uncertainties and risks including, but not limited to, unforeseen technological obstacles which may prevent or slow the development and/or manufacture of new products; potential problems with the integration of the acquired company and its technology and possible inability to achieve expected synergies; obstacles to successfully combining product offerings and lack of customer acceptance of such offerings; limited (or slower than anticipated) customer acceptance of new products which have been and are being developed by the Company; and a decline in the general demand for optoelectronic products. API-G Contact: Richard Kurtz, Advanced Photonix, Inc. (734) 864-5647 Cameron Donahue, Hayden IR (651) 653-1854; DATASOURCE: Advanced Photonix, Inc. CONTACT: Richard Kurtz of Advanced Photonix, Inc., +1-734-864-5647; or Cameron Donahue of Hayden IR, +1-651-653-1854, , for Advanced Photonix, Inc. Web Site: http://www.advancedphotonix.com/

Copyright