Photoelectron Corporation (PeC) is a technology company dedicated to developing, manufacturing and marketing miniature x-ray systems for multiple market applications. The Company, upon inception, initially focused on research and development for the miniaturization of an x-ray system for cancer treatment. PeC has since expanded its development efforts and is now creating and adapting miniature x-ray systems for a variety of applications in healthcare and non-healthcare related markets. The Company has established an intellectual property portfolio of 22 United States patents and has 14 additional United States patents pending, all of which relate to its core technology and use of that technology. On May 2, 2003, the Company filed a voluntary petition for relief under the provisions of Chapter 7 of the United States Bankruptcy Code.
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