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FOX-TEK considers 'strategic transactions'; Q2 loss narrows.

Publication: Fiber Optic Sensors and Systems
Publication Date: 01-AUG-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: FOX-TEK considers 'strategic transactions'; Q2 loss narrows.(BUSINESS)(Financial report)

Article Excerpt
Fiber Optic Systems Technology Inc. (FOX-TEK) said it is seeking "strategic transactions," which may include possible mergers, acquisitions, and the raising of additional capital.

"At our current level of sales, FOX-TEK has sufficient funds to operate for the next seven months," the company stated in a release.

"The company...



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