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Press release for the Tel Aviv Stock Exchange, 4 May 2006
May 2006
Ophir Optronics Ltd. announces that its US subsidiary, Ophir Optics Inc., which is part of its Optics Group, has been issued purchase orders amounting to 7.5 million NIS for delivery of optical lens components for uncooled thermal cameras. These cameras are intended for a new application in the area of radiometry (non-contact temperature measurement).
The orders are intended for civilian use by US contractors, and therefore are planned to be produced by the Company's optics plant in Israel.
These purchase orders attest to the continued process of accelerated penetration by the Company into the civilian market of thermal night vision systems, in addition to its penetration into the defense market.
The civilian market for thermal radiometric uncooled cameras is undergoing accelerated development as result of the significant growth in the variety of new civilian applications which can be developed with the use of these cameras.
The delivery of orders is scheduled for completion by the end of 2006.
The orders are intended for civilian use by US contractors, and therefore are planned to be produced by the Company's optics plant in Israel.
These purchase orders attest to the continued process of accelerated penetration by the Company into the civilian market of thermal night vision systems, in addition to its penetration into the defense market.
The civilian market for thermal radiometric uncooled cameras is undergoing accelerated development as result of the significant growth in the variety of new civilian applications which can be developed with the use of these cameras.
The delivery of orders is scheduled for completion by the end of 2006.