doug...for another one to add to your list take a look at inrd. i like it. you get photonics, crystals and custom optics in a company that has only 4m+ shares out.
trading around 3.50...52wh 9.50...latest release:
INRAD Awarded Crystal Supply Contract From
Sanders
NORTHVALE, N.J., June 22 /PRNewswire/ -- INRAD, Inc. (OTC Bulletin Board: INRD - news) announced today that it
has been awarded a production contract for 400 ultra violet (UV) waveband filter elements for the AN/AAR-47 Missile
Warning System from Sanders, a Lockheed Martin Company, based in Nashua, NH. Sanders is prime contractor for
manufacture of the system. The dollar value of the contract was not disclosed.
Ultra-violet filters are specialty optical elements made from high purity and high uniformity single-crystals of materials that
absorb all wavelengths except those in the UV region of the electro-magnetic spectrum. These filters are a key optical
component of airborne electro-optical missile warning systems. INRAD has been in continuous production of these
components for many years.
Dan Lehrfeld, President and CEO of INRAD, commented, ``We are pleased to have been selected by Sanders once again as
the supplier of these key optical components. INRAD has been on the AN/AAR-47 program for many years. In the defense
electronics industry, missile warning systems have a high funding priority in the DOD and in Congress for development,
production, and deployment. We believe demand will increase steadily over the next few years as more systems enter
production. We have expanded our UV filter material product line and related production capacity so that INRAD will
continue to be the supplier of choice for these strategic components.''
INRAD, Inc. develops, manufactures, and supplies products for key Photonics Industry sectors via its three related product
areas: Crystals and Crystal Components, Custom Optics, and Systems and Instruments. Its customers include leading
corporations in the Laser Systems, Semiconductor Inspection Equipment, Telecommunications Components and Defense
industries, as well as the U.S. Government. Its products are also used extensively by researchers at National Laboratories and
Universities world-wide.
The statements contained in this press release that are not purely historical are forward looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified
by their use of forward-looking terminology such as ``believes'' and ``expects'' or similar words. Such forward-looking
statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and
uncertainties that could cause actual results to differ materially from such forward looking statements are, but are not limited to,
uncertainties in market demand for the company's products or the products of its customers, future actions by competitors, and
other factors discussed from time to time in reports filed by INRAD with the Securities and Exchange Commission. The
forward-looking statements made in this news release are made as of the date hereof and INRAD does not assume any
obligation to update the reasons why actual results could differ materially from those projected.
SOURCE: INRAD, Inc.
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