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OPTELECOM RECEIVES OPTION ON ARMY MISSILE COMMAND CONTRACT

 OPTELECOM RECEIVES OPTION ON ARMY MISSILE COMMAND CONTRACT
 GAITHERSBURG, Md., June 25 /PRNewswire/ -- Optelecom, Inc. (NASDAQ: OPTCD) announced it received the award of a $527,000 option on a previously announced (March 24, 1992) contract from the U.S. Army Missile Command, bringing the total contract to $777,000. The contract is part of a fiber optic gyro development program of the Defense Advanced Projects Agency. The award was for further work on developing manufacturing techniques required to make the fiber optic gyro competitive as a direction reference for a range of applications. An additional goal is to assure that U.S. domestic production technology is competitive with very aggressive foreign competition.
 Additional major contract awards to Optelecom since the March 24 announcement include: $193,000 for high resolution TV fiber optic links for a major industrial processor control customer, a $129,000 contract for video links from a major U.S. government agency, and $149,000 worth of fiber optic data links for a U.S. Air Force base.
 -0- 6/25/92
 /CONTACT: Dr. William H. Culver, chairman, or Edmund D. Ludwig, president and CEO, Optelecom, 301-840-2121/
 (OPTCD) CO: Optelecom, Inc. ST: Maryland IN: ARO SU:


TW-DC -- DC017 -- 3821 06/25/92 13:32 EDT
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Date:Jun 25, 1992
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