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Sunovia Energy Receives Permit from U.S. State Department to Export Infrared Products, Accelerates International Sales.

Publication: PR Newswire
Publication Date: 03-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SARASOTA, Fl., Nov. 3 /PRNewswire-FirstCall/ -- Sunovia Energy Technologies, Inc. (BULLETIN BOARD: SUNV) has been granted an export license from the U.S. Department of State to sell mercury cadmium telluride (HgCdTe) undoped infrared wafers for night-vision camera applications to a South Korean customer. This license permits Sunovia to substantially increase its international sales of infrared-related products.

Sunovia filed for the export license following the receipt of a $33 million, 10-year volume purchase agreement from the South Korean customer, which Sunovia announced in April of this year. The newly granted export license will allow Sunovia to immediately begin fulfilling a pending order from its customer...

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