Optex Systems Receives $1.726 M Purchase Order for its Night Vision Goggle Laser Interference Filter Assemblies

RICHARDSON, TX -- (Marketwired) -- 03/28/17 -- Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings, Inc. (OTCQB: OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today that it has received a purchase order from Harris Corporation in the amount of $1,726,000 to supply Laser Interference Filter (LIF) Assemblies supporting the U.S. Government spares for fielded night vision goggles.

The LIF Assembly attaches to various night vision goggle systems used by both land and air troops of the U.S. Military. This assembly protects the night vision tube from potential laser damage, which can be catastrophic to the tubes operation. The fulfillment of this contract will take place at the Applied Optics Center, a Division of Optex Systems, Inc. According to Bill Bates, General Manager of AOC, "Filters performing these type functions are a core-competency of our business and we are strategically positioned through the combination of large capacity and engineering know-how to remain in a very strong position as a supplier of LIF's and other similar filters to the U.S. Military." Mr. Bates continued, "We are very pleased to continue our business relationship with Harris Corporation and look forward to another successful contract completion, delivered on-time and to our customer's expectations."

Optex Systems and the Applied Optics Center continue to be recognized as premier suppliers of quality optics and optical systems in both commercial and defense markets.

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:
Robert Haag
Managing Director
IRTH Communications
OPXS@irthcommunications.com
1-866-976-4784

Source: Optex Systems Holdings, Inc.