APA Optics signs purchase agreement to acquire assets of Computer System Products Inc.

March 6, 2003--APA Optics Inc. today announced that it has signed a purchase agreement to acquire certain assets of Computer System Products Inc. (CSP), for cash and common stock warrants, and assumption of certain liabilities.

March 6, 2003

APA Optics Inc. today announced that it has signed a purchase agreement to acquire certain assets of Computer System Products Inc. (CSP), for cash and common stock warrants, and assumption of certain liabilities.

CSP designs, manufactures, and markets standard and custom fiber-optic and copper cable assemblies, value-added fiber-optic frames, panels, and modules for the data-communication and telecommunication industries.

Minneapolis-based APA Optics manufactures and markets advanced products for the fiber-optic communications, optoelectronics and laser industries, including DWDM, ultraviolet (UV) detectors, Nitride epitaxial layers, and custom optics.