ROCKY HILL, CT - Axsys Technologies, Inc. (NASDAQ:AXYS) has received a $15.3 million follow-on order from BAE Systems to produce dual-field-of-view infrared lenses as part of the U.S. Army's Common Remotely Operated Weapon Station (CROWS) program. The entire order is expected to ship in 2009 and was anticipated in our 2009 guidance. "Superior surveillance and targeting capabilities are increasingly vital for success on the battlefield," said Scott B. Conner, President and Chief Operating Officer of Axsys Technologies. "We are proud to be the provider of critical infrared technology that enables this technologically-advanced, life-saving program." About Axsys Axsys Technologies, Inc. is a global leader in the design and development of high-performance surveillance cameras, imaging systems and related motion control technologies, serving the aerospace, defense, and high-performance commercial markets. For more information, visit www.axsys.com. For more information, contact: Julie L. Oakes Director of Investor Relations Phone: (860) 594-5751 Email: Invest@axsys.com