Zygo Receives a $4.4 Million Order for Long-Range Night Vision Surveillance Systems
MIDDLEFIELD, CT, Oct 08, 2007 --Zygo Corporation (NASDAQ: ZIGO), a leading worldwide optical metrology supplier, today announced that its Optical Systems Division has been awarded an initial $4.4 million manufacturing contract to produce long-range night vision surveillance systems serving a variety of critical Homeland Security, Department of Defense and Department of Energy applications.
John Stack, President of the Optical Systems Division, commented, "Designed as a low cost-of-ownership alternative to existing systems with superior day/night long range performance and flexible system integration capabilities, this product has already been proven in the field and is well positioned for growth in both foreign and domestic markets. Given the ongoing difficulty of protecting the world's shipping ports, nuclear reactors, air transportation systems, and borders, this opportunity fits well with the division's strategy to provide cost-effective manufacturing and design services to the high precision medical, defense, and commercial markets."
The systems are to be built in the Company's state-of-the-art Tucson manufacturing operation that specializes in high precision opto-mechanical and electro-optical assemblies. The production will utilize highly specialized testing systems developed in ZYGO's Costa Mesa development center. Costa Mesa provides design, manufacturing technology, and prototyping services.
Zygo Corporation is a worldwide supplier of optical metrology instruments, precision optics, and electro-optical design and manufacturing services, serving customers in the semiconductor capital equipment and industrial markets.
Further information on potential factors that could affect Zygo Corporation's business is described in our reports on file with the Securities and Exchange Commission, including our Form 10-K for the fiscal year ended June 30, 2007.
