Optex Systems, Inc. Issued Patent Covering Improved Periscope Performance
RICHARDSON, TX -- (Marketwired) -- 05/19/15 -- Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings, Inc. (OTCQB: OPXS), a leading manufacturer of optical sighting systems and assemblies for domestic and foreign militaries, announced today the issuance of U.S. Patent No.13,792,297 titled "ICWS Periscope". This invention improves previously accepted levels of periscope performance that, in turn, improve soldier's safety. The Company has demonstrated the now-patented invention on the Improved Commander's Weapon Station (ICWS) but the system is also applicable to multiple periscope platforms.
"Unity periscopes are used on every armored vehicle in the world and this Optex patented technology now allows the users increased protection from ballistic threats and allows the armored vehicle manufacturers alternatives in hull design," stated Danny Schoening, Optex's CEO. "Consistent with our previous product releases, this technology has been specifically designed to allow our customers to upgrade their existing platforms with improved technology without costly upgrade or integration costs." He continued, "In addition, this technology eliminates known reliability issues which exist in the current Department of Defense inventory." The "ICWS Periscope" technology platform is applicable to all ground combat vehicles used by the US and foreign militaries.
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
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Contact:
Optex Systems Holdings, Inc.
Stan Hirschman, President
(972) 764-5677
ir@optexsys.com
1420 Presidential Drive
Richardson, TX 75081
Source: Optex Systems Holdings, Inc.
Released May 19, 2015