Business Summary
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Fiber Optic Systems Technology, Inc. (FOX-TEK), a Canada-based company, was formed to develop, integrate and sell fiber optic sensing systems for the strain sensing markets. The Company is engaged in the development, design, manufacture and sale of two product lines focused on applications within the oil and gas industry. The first product line is fiber optic technology which uses fiber optic sensors and related monitoring instruments to provide periodic or continuous monitoring of bending and associated strain in localized areas of interest. The second product line is PinPoint, a technology that uses electrical field mapping and thermocouple probes to detect internal pitting and corrosion on a nonintrusive basis. The Company carries out its operation through its wholly-owned entities in Canada, United States and Saudi Arabia.
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