VANCOUVER, British Columbia, Aug. 18, 2008 (GLOBE NEWSWIRE) -- Zecotek Photonics Inc. (TSX-V:ZMS) (Frankfurt:W1I) today announced it has received the first grant payment under the previously announced Government of Singapore Economic Development Board’s (EDB) Research Incentive Scheme for Companies. The payment covers a reimbursement of a portion of operational expenses in research and development, including salaries, equipment, materials, professional and consulting services and staff training, for Zecotek’s Singapore based product development and commercialization programs for the period January 2007 to July 2008. Under the terms of the agreement, grant details remain confidential.
