Agoracom: Small Cap Investment - Fiber Optic Systems Technology Inc.

Welcome To The Fiber Optic Systems Technology Inc. HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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DannyD

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Fox Tek

posted on Oct 06, 2009 09:55AM

Large Oil Sands Producer Evaluates PinPoint Technology and Two PinPoint Systems Delivered

TSX Venture Exchange symbol: FOX

TORONTO, Oct. 5 /CNW Telbec/ - Fiber Optic Systems Technology, Inc. ("FOX-TEK"), (TSX-V: FOX), a developer and manufacturer of patented non-intrusive sensing systems, today announced the installation of one of their PinPoint internal corrosion monitoring systems on-site at a large oil sands facility in Ft. McMurray, AB. The installation is part of a paid evaluation the producer is doing of FOX-TEK's PinPoint internal corrosion monitoring technology.

The installation of the PinPoint system was performed on a tailings pipeline in order to monitor the rapid erosion caused to the pipe during operation as a result of the significant sand content. The PinPoint system is designed to monitor wall loss around 360o of the large diameter pipe and provide quick feedback allowing determination of the pipe's rotation schedule and scheduled end of life. The paid evaluation period is expected to last two months.

In addition, FOX-TEK confirmed the Q3 shipment of two PinPoint systems that were ordered by the Saudi based Oil Company referenced in our August 26 press release.

About FOX-TEK:

Fiber Optic Systems Technology, Inc. "FOX-TEK" develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling, and process pressure and temperature. FOX-TEK's FT fiber optic sensor and Pinpoint systems allow cost-effective, 24/7 remote monitoring capabilities to improve scheduled maintenance operations, avoid unnecessary shutdowns, and prevent accidents and leaks.

FOX-TEK has offices in Toronto, ON and Calgary, AB; FOX-TEK is traded on the TSX Venture Exchange under the symbol "FOX". For more information, visit www.fox-tek.com.

Re: Fox Tek

joepasta

Apr 13, 2011 08:57PM

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