ADV PHOTONIX -A (API) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ADV PHOTONIX -A (API) from NEUTRAL to UNDERPERFORM on October 04, 2012, with a target price of $0.60.

Advanced Photonix, Inc. is engaged in the development and manufacture of optoelectronic semiconductor based components, hybrid assemblies and other proprietary solid state light and radiation detection devices, including proprietary advanced solid state silicon photodetection devices which utilize Avalanche Photodiode technology.

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