ANN ARBOR — Advanced Photonix Inc. (NYSE Amex: API) Tuesday announced it has retained Torrey Hills Capital Inc., located in Rancho Santa Fe, Calif., to act as investor relations consultants to the company.
Nitsan Hargil is the managing director at Torrey Hills Capital in charge of technology and will be responsible for activities related to API.
“In our efforts to increase and improve communication with our current and prospective investor base, we have selected Torrey Hills Capital to expand our national exposure and provide us with strategic investor relations services,” said Richard Kurtz, chairman and CEO of Advanced Photonix. “Torrey Hills Capital was selected based on its demonstrated capabilities and excellent references from both customers as well as the professional and investor communities. We expect that Torrey Hills Capital will enable us to more effectively communicate with our investors, analysts, and widen our exposure to the professional investment community.”
Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and micro-cap companies. Torrey Hills Capital will increase awareness about Advanced Photonix through its established relationships with investment professionals, investment advisors, and money managers focused on the micro-cap market space. This will allow the Company to build and maintain an informed investor audience in the marketplace.
Torrey Hills Capital also will develop a profile on Advanced Photonix for coverage on its website, www.babybulls.com, a Web site developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven micro-cap investors.
Hargil said Advanced Photonix’s “management has a proven record of success and we like what the company is doing in terms of developing cutting edge technology. We look forward to introducing this quality management team to our network of investors.”
Advanced Photonix offers optoelectronic products, high-speed optical receivers and terahertz instrumentation for global telecom, homeland security, military, medical and industrial markets.
More at www.advancedphotonix.com.