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Press release for the Tel Aviv Stock Exchange, 5 June 2006
June 2006
Ophir Optronics Ltd. announces that its US subsidiary, Ophir Optics Inc., which is part of its Optics Group, has been issued a purchase order of 6.6 million NIS, in addition to the purchase orders of 7.5 million NIS previously reported in early May. The orders are for the 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 purchase orders and their increase within a short time period attest to the accelerated development of the civilian market for thermal radiometric uncooled cameras, 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 the first quarter of 2007.
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 purchase orders and their increase within a short time period attest to the accelerated development of the civilian market for thermal radiometric uncooled cameras, 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 the first quarter of 2007.