Xenonics Announces $1 Million NightHunter Order
CARLSBAD, Calif.--(BUSINESS WIRE)-- XENONICS HOLDINGS, INC.(OTCBB:XNNH) (OTCQB:XNNH) announced today that it has received purchase orders valued at a total of approximately $1 million from Aardvark Tactical, Inc. (ATI), La Verne, California, for Xenonics' NightHunter high-intensity illumination devices to be included in ATI's non-lethal force protection kits for the U.S. Marine Corps. Shipments are scheduled to begin in January 2013.
"This is the first of what we expect will be a number of NightHunter orders under the IDIQ contract awarded to Aardvark in September. We are proud to participate in the non-lethal weapons program again this year as we have for a number of years in the past," said Chairman Alan Magerman. "We believe substantial orders from additional customers are forthcoming for our NightHunter and SuperVision products."
About Aardvark Tactical, Inc.
Founded in 1987, Aardvark Tactical, Inc. is one of the largest suppliers of non-lethal weapons, riot control, force protection, and tactical equipment in the United States, and has provided equipment and/or training to thousands of military and civilian law enforcement units worldwide.
Xenonics Holdings, Inc. develops and produces advanced, lightweight and compact ultra-high-intensity illumination and low-light vision products for military, law enforcement, public safety, and commercial and private sector applications. Xenonics' NightHunter line of illumination products is used by every branch of the U.S. Armed Forces as well as law enforcement and security agencies. Its SuperVision high-definition night vision is designed for commercial and military applications. Employing patented technologies, Xenonics provides innovative solutions for customers who must see farther so they can do their jobs better and safer. Xenonics' products represent the next generation in small, high intensity, high efficiency illumination and low-light vision systems. Visit Xenonics on the web at www.xenonics.com.
Except for the historical statements, statements in this release may constitute forward-looking statements within the meaning of section 21E of the Securities Exchange Act of 1934.When used, the words "anticipates," "believes," "expects," "intends," "future," and other similar expressions identify forward-looking statements.These forward-looking statements reflect management's current views with respect to future events and financial performance and are subject to risks and uncertainties, and actual results may differ materially from the outcomes contained in any forward-looking statement.Factors that could cause these forward-looking statements to differ from actual results include delays in development, marketing or sales of new products, and other risks and uncertainties discussed in the company's periodic reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission.Xenonics Holdings undertakes no obligation to update or revise any forward-looking statements.
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