CARLSBAD, Calif. -- XENONICS HOLDINGS, INC. (OTCBB:XNNH) (OTCQB:XNNH) announced today that it has received purchase orders totaling approximately $700,000 from the U.S. Navy and several Army brigades for Xenonics' NightHunter high-intensity illumination devices and SuperVision high-definition night vision systems. These systems are scheduled to be delivered this month.
About XenonicsForward-Looking StatementsXenonics Holdings, Inc. develops and produces advanced, lightweight and compact ultra-high-intensity illumination and low-light vision products for military, law enforcement, public safety, and commercial and private sector applications. Xenonics' NightHunter line of illumination products is used by every branch of the U.S. Armed Forces as well as law enforcement and security agencies. Its SuperVision high-definition night vision is designed for commercial and military applications. Employing patented technologies, Xenonics provides innovative solutions for customers who must see farther so they can do their jobs better and safer. Xenonics' products represent the next generation in small, high intensity, high efficiency illumination and low-light vision systems. Visit Xenonics on the web at www.xenonics.com."These orders are especially significant for Xenonics, as they include our largest order to date from the Navy, in this case for NightHunters, and our first SuperVision order from the Army. We believe significant additional orders from these and other customers are forthcoming," said Chairman Alan Magerman.
Except for the historical statements, statements in this release may constitute forward-looking statements within the meaning of section 21E of the Securities Exchange Act of 1934. When used, the words "anticipates," "believes," "expects," "intends," "future," and other similar expressions identify forward-looking statements. These forward-looking statements reflect management's current views with respect to future events and financial performance and are subject to risks and uncertainties, and actual results may differ materially from the outcomes contained in any forward-looking statement. Factors that could cause these forward-looking statements to differ from actual results include delays in development, marketing or sales of new products, and other risks and uncertainties discussed in the company's periodic reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission. Xenonics Holdings undertakes no obligation to update or revise any forward-looking statements.
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