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ESSEX CORPORATION SEEKS INTERNATIONAL VENTURES

 COLUMBIA, Md., Feb. 4 /PRNewswire/ -- Essex Corporation (NASDAQ-NMS: ESEX) announced today that it has retained Advent International Financial Services, Inc., a Boston investment banking and international venture capital firm. Advent will assist Essex in obtaining financing for development and commercialization of its patented ImSyn opto-electronic processing systems. Advent plans to identify joint venture or strategic partners who may include the ImSyn processors in their imaging systems. A spokesman for Advent said: "We were attracted to the Essex innovation that combines established photonic technology with standard digital electronics. We believe that there will be considerable interest from the image processing industry."
 In announcing the relationship, Harry Letaw, chairman and CEO, Essex Corporation, said: "We are extremely pleased that a firm with the international background of Advent has joined our team. We believe that this is another positive step in bringing our exciting technology to the marketplace." The ImSyn processor is expected to speed image processing in CAT scan and Magnetic Resonance Imaging (MRI) and assist in image compression applications. The processor also enables fast, light-weight, low power synthetic aperture radar imaging useful in mapping and environmental applications. Essex has demonstrated some of the ImSyn imaging capabilities for synthetic aperture radar applications.
 Essex Corporation is a publicly traded technology-based company supplying training/counter human-error products and services and optical computer apparatus to government and industry.
 -0- 2/4/93
 /NOTE: ImSyn is a trademark./
 /CONTACT: Harry Letaw Jr., chairman and CEO, Essex Corporation, 410-730-1097/
 (ESEX)


CO: Essex Corporation; Advent International Financial Services, Inc. ST: Maryland IN: CPR SU:

KD-TW -- DC028 -- 3069 02/04/93 14:19 EST
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Date:Feb 4, 1993
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