G&H Announces Partnership with Optex Systems

RICHARDSON, TX / ACCESSWIRE / August 26, 2019 / G&H (GHH.L), a world leader in advanced photonics is pleased to announce partnership with Optex Systems (OTCQB:OPXS), for the supply of acrylic-based sighting system technology to meet European Customer requirements for a total package single-technology source supply.

G&H designs and manufactures periscopes and sighting systems for armored fighting vehicles under the Kent brand. With a strong footprint in Europe and Asia, G&H supplies glass based products for both periscope external viewing and system sensor based imaging by commanders, drivers, and gunners. Combining Optex acrylic periscope products with G&H’s next generation glass periscope hardware portfolio enables G&H to meet all European market cost, material and technology requirements.

Frank Weiss, Head of G&H Aerospace and Defense, said “Being able to include EAR (non-ITAR), designated acrylic commodity products in addition to glass-based periscope technology to the European market is significant. We aim to supply our customers with the products they need to comply with SWaP-C specifications. In some circumstances, these requirements mean an acrylic product is needed. Being in this strong position to meet our customer needs means we can increase the value we offer with an extended range of solutions”.

Danny Schoening, CEO of Optex Systems, stated “We have been waiting for the proper timing and the correct partner to expand into the European markets, and are pleased to be launching this initiative with G&H, a leading international supplier of unity vision periscopes, vehicle sights and related equipment for armoured fighting vehicles (AFVs) such as tanks, infantry fighting vehicles and armoured personnel carriers. G&H, under the Kent brand, has been a strategic supplier to Optex for over 10 years and this partnership now provides an opening for Optex periscope products in Europe. We look to leverage their well established distribution channels in Europe, and collaboratively, we will align those customer’s applications with the appropriate technology.”

About G&H

G&H is a photonics technology business headquartered in Ilminster Somerset, UK with operations in the UK, US and Asia. A world leader in its field, the company researches, designs, engineers, and manufactures advanced photonic systems, components and instrumentation for applications in the aerospace and defence, industrial and telecommunication, and life sciences and biophotonics sectors. The company is listed on the AIM London Stock Exchange as Gooch & Housego GHH. For further information please visit gandh.com, email info@gandh.com or follow us on LinkedIn.

About Optex Systems

Optex which manufactures optical sighting systems and assemblies, for various types of US military land vehicles in addition to 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, email info@optexsys.com or follow the company on LinkedIn.

Contact:

IR@optexsys.com
(972) 764-5718

SOURCE: Optex Systems Holdings, Inc.



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