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Advanced Photonix Reports Fourth Quarter and Fiscal 2011 Results

Fiscal Revenues improved by 37% Fiscal EBITDA improved by $2.1 million

ANN ARBOR, Mich.–(BUSINESS WIRE)– Advanced Photonix, Inc.® (NYSE Amex: API) (the "Company") today reported its fourth quarter and year end fiscal 2011 results ending March 31, 2011.

Financial Highlights for the Fourth Quarter and Fiscal Year Ended March 31, 2011

Net Sales for the quarter were $7.8 million, an increase of $2.7 million or 52% from the fourth quarter ended March 31, 2010. Sequentially,

Continue reading: Advanced Photonix Reports Fourth Quarter and Fiscal 2011 Results

Saline’s DesignHub Builds Website for Ann Arbor Tower Plaza Condominiums

Saline, MI (June 20, 2011) – DesignHub, Inc. (www.design-hub.com) of Saline has designed and developed the new website for Ann Arbor Tower Plaza Condominiums (www.towerplaza.com).

This 26-story residential property – Ann Arbor’s tallest building – is on E. William St., one block from the University of Michigan’s central campus.

Visitors to the new website learn how Tower Plaza provides students and their parents with private, quiet, comfortable, and secure student residences available for purchase. There

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Mobile app crowdsourcing expands U-M resources

ANN ARBOR, Mich.—A computer science student at the University of Michigan, Dhineshkumar Muthu, pulls out his cell phone and uses Arbor Park, a mobile application that he developed with two classmates, any time he has trouble finding a parking spot on campus.

Together, the three students recently won Best Android App in the U-M Mobile Apps Challenge, a contest held each semester to award U-M students, faculty and staff for their most creative and innovative solutions.

Faced

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Advanced Photonix, Inc. Announces Sale of Computer Tomography System Option

ANN ARBOR, Mich.–(BUSINESS WIRE)– Advanced Photonix® company (NYSE Amex: API), announced today that it has shipped the second Computer Tomography (CT) accessory to NICT in Japan. Building upon its previously purchased T-Ray 4000®, NICT is expanding its base system capability, by incorporating a CT gantry with a 20" horizontal and a 12" vertical scanning capability.

About Computed Tomography

Computed Tomography (CT) is a powerful nondestructive evaluation technique for producing 2D and 3D cross-sectional images of an

Continue reading: Advanced Photonix, Inc. Announces Sale of Computer Tomography System Option

BioMedware Launches New Website Developed by DesignHub

Saline, MI (March 2, 2011) – BioMedware – an Ann Arbor-based company that conducts research and develops software for the environmental and health sciences – has launched its new website: www.biomedware.com.

The site was designed and developed by DesignHub, Inc. (www.design-hub.com) of Saline. DesignHub also created the new logo for BioMedware, starting from and refining the client’s preliminary ideas for the design.

Visitors to BioMedware’s new website learn how the company uses space-time analysis to help clients

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Advanced Photonix, Inc. Completes Its Shelf Offering with a $2.4 Million Underwriting

ANN ARBOR, Mich.–(BUSINESS WIRE)– Advanced Photonix, Inc. (NYSE-Amex: API) announced today that it entered into an underwriting agreement with B. Riley & Co., LLC, providing for the sale of 1,200,000 shares of its Class A Common Stock at a purchase price of $1.97 a share, less an underwriting discount of $0.1182 a share.

The shares of common stock are being sold pursuant to the Company’s registration statement on Form S-3 (File No. 333-171390), which was

Continue reading: Advanced Photonix, Inc. Completes Its Shelf Offering with a $2.4 Million Underwriting