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Microcap & Penny Stocks : POCI-Precision Optics -- Ignore unavailable to you. Want to Upgrade?

To: Suep who wrote (49)	3/18/1999 3:39:00 PM
From: Suep	Respond to of 255

Thursday March 18, 3:17 pm Eastern Time Company Press Release SOURCE: Precision Optics Corporation, Inc. Precision Optics Corporation Announces Award of DWDM Filter Contracts Totaling $1.9 Million GARDNER, Mass., March 18 /PRNewswire/ -- Precision Optics Corporation, Inc. (Nasdaq: POCI - news) announced today that it has received orders totaling over $1.9 million from several customers for 100GHz and 200GHz channel separation Dense Wavelength Division Multiplexer (DWDM) optical filters used in telecommunications systems. First deliveries on these contracts were made in the month of March and are scheduled through March 2000. Company President Richard Forkey said this new line of advanced optical thin film DWDM filters is the result of on-going development efforts announced over the past two years. These filters cover the full range of International Telecommunication Union (ITU) wavelengths and demonstrate the highest levels of optical performance, with special attention to environmental stability and very high uniformity of optical properties over the filter area. Available filters and specifications will be on the Company's web site at poci.com by early April. Forward-looking statements contained in this news release are made under ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties that could materially affect future results. Among these risk factors are general economic and business conditions and growth in the optical communications and medical product markets, the impact of competitive products and pricing, availability of third-party components, cost and yields associated with production of the Company's optical communications and other products and the other risk factors and cautionary statements listed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including but not limited to, the Company's Annual Report on Form 10-KSB for the year ended June 30, 1998. Precision Optics Corporation provides high quality optical thin film coatings used in a variety of high technology applications including Optical Communications, Microlithography, Semiconductor Processing, Photomasks, and Advanced Imaging. In addition, Precision Optics Corporation designs, develops, manufactures and markets specialized optical systems and components. Its products and services as an original equipment manufacturer include a line of laparoscopes and arthroscopes as well as other medical instruments, industrial optical systems, lens systems for night-vision equipment, and advanced optical systems design and development. SOURCE: Precision Optics Corporation, Inc.