Recently, StockerYale, Inc., a leading designer and manufacturer of structured light lasers, LED modules and specialty optical fibers for industrial OEMs, medical and defense markets, opened a state-of-the-art facility in Cork, Ireland.

The leased facility doubles the production capacity of the Company's LED Systems business, which is experiencing significant growth as a result of secular trends in key inspection, industrial, and security verticals. The Cork facility will also serve as a research and development center in support of the Company's patented 'Chip-on-Board' LED technology.

Mark W. Blodgett, Chairman and CEO of StockerYale, Inc. stated that their LED Systems business is experiencing substantial growth, the result of sales and marketing investments made in the past year, coupled with strong demand for machine vision applications, including solar cell, flat panel glass and printed circuit board inspection, and optical character recognition for security applications. As they move to aggressively pursue this demand and penetrate new high growth and high margin verticals, such as the dental and dermatology markets, the new Cork facility will enable them to supply products to our customers.

About StockerYale

StockerYale, Inc., headquartered in Salem, New Hampshire, 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.