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U.S. Army Awards Gyrocam® Systems $302 Million VOSS II Contract

Gyrocam Systems LLC

FOR IMMEDIATE RELEASE

SARASOTA, Fla. — May 19, 2008 — Gyrocam Systems, LLC, a leading integrator of ground-based gyro stabilized camera systems for the Military, Law Enforcement, Homeland Security and Intelligence Services, announced that the U.S. Army has awarded the company a $302 million contract for Phase II of the Vehicle Optic Sensor System (VOSS) program, a network of night vision, day and thermal imaging cameras used by all U.S. Armed Services to locate and stifle the threats of Improvised Explosive Devices (IEDs). The Army officially awarded Gyrocam the contract on May 5.

“In a short time, Gyrocam has won multiple consecutive contracts with the Department of Defense that have resulted in getting vital equipment to the Warfighter as needed,” said Darrell Egner, Chairman and CEO of Gyrocam Systems.

Since 2004, Gyrocam has provided the U.S. Army, Marine Corps, Navy and the Air Force with more than 300 Gyrocam mast-mounted vehicle camera systems in both Iraq and Afghanistan. Under terms of the new contract, Gyrocam may deliver up to 500 additional camera systems and provide sustainment and support services in Iraq and Afghanistan. The new equipment will provide the Warfighter with significantly enhanced situational awareness capabilities.

“Gyrocam offers a battle field proven solution with impressive operational readiness rates,” said Mr. Egner. “We have succeeded by focusing our efforts on what the Warfighter needs to search, identify and engage in the fight against IEDs and insurgents. By building up critical inventory, we have been able to deploy fully integrated systems within a matter of weeks to anywhere in the world.”

Gyrocam has a dedicated team of personnel in Iraq and Afghanistan that support our systems. This team has developed significant war zone experience in logistics, installation, training and additional field services.

About Gyrocam Systems LLC:

Founded in 2003, Gyrocam Systems is a leading integrator of precision electro-optical gyro stabilized camera systems for the Military, Law Enforcement, Homeland Security and Intelligence Services. The privately held company specializes in providing complete integrated turnkey solutions customized to fit specialized air, land or sea applications. Gyrocam has 120 employees and recently expanded its operations in Sarasota, Fla., and also maintains facilities in Washington, D.C., Kuwait, Iraq and Afghanistan.

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Contact: Sandra Rodriguez, Hill & Knowlton

202-944-1926 or Sandra.Rodriguez@hillandknowlton.com

Jody Warren, Gyrocam Systems, LLC

941-355-3206 or JWarren@gyrocamsystems.com