Metrologic and Essex Corporation Close Sale Transaction of AOA, a Subsidiary of Metrologic
October 02 2006 - 4:40PM
PR Newswire (US)
BLACKWOOD, N.J., Oct. 2 /PRNewswire-FirstCall/ -- Metrologic
Instruments, Inc. (NASDAQ:MTLG) and Essex Corporation (NASDAQ:KEYW)
announced that they have completed the previously announced
transaction concerning the sale of Adaptive Optics Associates,
Inc., a subsidiary of Metrologic ("AOA") to Essex. Needham &
Company, LLC acted as financial advisors to Metrologic and its
Board of Directors on this transaction. About Metrologic Metrologic
Instruments, Inc. ("Metrologic") is a global supplier of choice for
data capture and collection hardware, optical solutions, and image
processing software. Metrologic has been delivering innovative,
quality products that are cost effective, reliable and supported by
a superior level of personal service for nearly 40 years.
Metrologic products are sold worldwide through Metrologic's sales,
service and distribution offices located in The Americas, EMEA and
Asia/Pacific. For more information please call 1-800-667-8400 or
visit http://www.metrologic.com/. About AOA Adaptive Optics
Associates (AOA), a subsidiary of Metrologic, designs, develops and
manufactures a wide variety of standard and custom electro-optic
and opto-mechanical products. AOA has steadily expanded its
engineering and manufacturing capabilities to provide its customers
with the highest quality products, systems and services. AOA has an
extensive history of selling to government, scientific and
industrial customers. About Essex Essex provides advanced signal,
image, information processing, information assurance and
cyber-security solutions, primarily for U.S. Government
intelligence and defense customers, as well as for select
commercial customers. Essex creates solutions by combining services
and expertise with hardware, software, and proprietary and patented
technology to meet their customers' requirements. For more
information please call 301-939-7000 or visit
http://www.essexcorp.com/. DATASOURCE: Metrologic Instruments, Inc.
CONTACT: AOA's Contact for Advanced Optical systems, Jeffrey Yorsz,
Senior Vice President, Industrial Operations, and General Manager,
AOA, +1-617-806-1400, or ; or Metrologic's Contact for Corporate
Communications, Cory Laslocky, +1-856-228-8100, ext. 5828, or ; or
Essex's Contact for Investor Relations, Leonard E. Moodispaw,
Chairman, CEO & President, +1-301-939-7000 Web site:
http://www.metrologic.com/ http://www.essexcorp.com/
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