Aimpoint Secures New Contract from U.S. Military; Order for 163,000 Optical Sights.

CHANTILLY, Va. -- Aimpoint, the originator and leading manufacturer of electronic red dot sighting technology, has secured a new contract with the U.S. Military for supply of 163,000 rifle sights. The Aimpoint sight was chosen following an extensive evaluation and competitive trial of available sighting technologies by the Army's Research, Development and Engineering Center (ARDEC).

"We are honoured that the most elite military force in the world has once again chosen to utilize Aimpoint sights," announced Lennart Ljungfelt, president of Aimpoint. "Since 1997 the company has proven itself to be a reliable and trusted supplier to the U.S. Military," said Ljungfelt. "We listen carefully to the needs of our military customers, and incorporate these requirements directly into the design and manufacture of our products."

Over 500,000 Aimpoint sights are currently in use by U.S. Forces. Aimpoint sights are universally known for their fast target acquisition, rugged design and ability to function under extreme conditions. The company's products are in use by military customers, law enforcement agencies and sportsmen worldwide.

"The Army's decision to continue with Aimpoint sights makes a great deal of sense," said Brian Lisankie, vice president of Aimpoint Inc. "Our red dot technology simplifies marksmanship training, allows for fast and accurate target acquisition in any type of light, and can be used with all types of night vision equipment," said Lisankie. "The product's highly advanced electronics allows the sight to be powered for years by a single battery."

Aimpoint Inc. is headquartered in Chantilly, VA outside of Washington DC. The company is a wholly-owned subsidiary of Aimpoint AB located in Malmo, Sweden.

For more information on Aimpoint, visit the company's Web site at: www.aimpoint.com.