ITF Labs/Avensys Tech to Exhibit at OFC Exhibition in San Diego March 24th through March 26th, 2009 MONTREAL, March 17 /PRNewswire-FirstCall/ -- Avensys Inc., a leading manufacturer and distributor of fiber optic components, an integrator of environmental and process monitoring systems, and a wholly owned subsidiary of Avensys Corporation (OTC Bulletin Board: AVNY.OB; Frankfurt WKN: A0M9YA), today announced that its R&D partner, ITF Laboratories Inc.'s (ITF Labs) micro-DPSK demodulator has successfully passed all the Telcordia GR-1221-CORE qualification requirements and has therefore added another key product to the demodulator family. The Telcordia standard, derives from Telcordia Technologies (formerly Bellcore Labs), and is an industry standard set to ensure the reliability for passive optical components. Telcordia is the main standard officially adopted by different specialized committees and issued through registered Bellcore's Generic Requirements (GR) document. The micro-DPSK demodulator is designed small enough to be incorporated into the industry standard 300-pin Multi-Source Agreement (MSA) compliant transponder package, and will be available for DPSK and DQPSK applications with a free-spectral-range from 20 GHz to 70 GHz. The device has the lowest profile package on the market. It also features the lowest insertion loss, highest extinction ratio and lowest power consumption available, which are critical factors in system design. ITF Labs' VP of Engineering, Nigel Holehouse stated, "This qualification proves again that our All-Fiber demodulator technology is extremely robust and reliable. This reinforces our commitment to producing high quality, high performance, and low cost components for the telecom market." Exhibiting at OFC/NFOEC 2009 ITF Labs, along with its commercialization partner, Avensys Inc., will showcase this new product at the Optical Fiber Communication Conference and Exposition and The National Fiber Optic Engineers Conference (OFC/NFOEC) 2009 from March 24th through the 26th, in San Diego, CA. The exhibition is being held at the San Diego Convention Center and ITF Labs will be located at booth # 2914. OFC/NFOEC attracts more than 13,000 attendees from 50 different countries. It is the premier international event for both the science and business of optical communications, with a comprehensive technical program and the largest all-optical business exhibition. About ITF Laboratories Inc. ITF Laboratories Inc. is 42% owned by Avensys Inc., a wholly-owned subsidiary of Avensys Corporation, and was created following the acquisition of ITF Optical Technologies Inc. (ITF) by Avensys Inc. in April 2006. It is the result of the merger of former ITF Research and Development unit, including all of its intellectual property assets, with that of Avensys Inc.'s partner, Avensys Laboratories Inc. ITF Labs spearheads the development of ultra-reliable fiber optic systems including high-power fused components, optical sensors and instrumentation and fiber laser components. To find out more about ITF Labs, please visit http://www.itflabs.com/. 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 licences in regards to leading edge intellectual property. Avensys Solutions, the other division of Avensys Inc., is an industry leader in providing instrumentation and integrated solutions for the monitoring of industrial processes and environmental surveillance applications for air, water and soil in the Canadian marketplace. To find out more about Avensys Solutions, please visit our website at http://www.avensyssolutions.com/. For Avensys Corporation company news and updates you can also visit http://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: Mr. Hassan Kassi ITF Labs Tel: 1.877.904.6030 DATASOURCE: Avensys Inc. CONTACT: Mr. Hassan Kassi, ITF Labs, 1-877-904-6030 Web Site: http://www.avensyscorporation.com/

Copyright