IMMEDIATE RELEASE                                                                                                          

 March 17, 2006

LIGHTWORKS OPTICS RECEIVES $3.6 MILLION DOLLAR CONTRACT FROM LOCKHEED MARTIN FOR THE FABRICATION OF 28 INFRARED FOCUS ASSEMBLIES FOR FIGHTER AIRCRAFT

TUSTIN, California. – March 17, 2006 – LightWorks Optics, Inc. was recently award a 3.6 million dollar contract by Lockheed Martin [NYSE: LMT] for the fabrication of 28 Infrared Focus Assemblies for fighter aircraft. LightWorks Optics, Inc., a Tustin California based company, is a leading solutions provider focused on the design, development, and fabrication of advanced integrated optical systems. LightWorks has been repeatedly recognized by Lockheed Martin as an outstanding supplier of high technology optical systems, and this award is the second LightWorks has received from Lockheed Martin for these optical subsystems. LightWorks had previously produced 43 Infrared Focus assemblies for fighter aircraft.

“We are honored to again be selected as Lockheed Martin’s preferred supplier of this complex optical subsystem,” commented LightWorks Optics President Dan Barber. “This contract award is a tribute to the commitment of our employees to exceptional quality, on-time performance, and outstanding customer service. LightWorks can only deliver this type of world class optics subsystem to Lockheed Martin because of the expertise, devotion, and excellent team-spirit of our highly talented staff of employee-owners.”

About LightWorks Optics

LightWorks Optics, Inc., is an employee-owned company, specializing in concurrent engineering collaboration with customers to develop integrated optical systems solutions for advanced applications.  Its design team provides technical expertise and leadership, from concept to design through manufacturing and production.  Focusing on prototype to production development efforts, the company designs, manufactures, assembles, and tests precision optical systems and components at its Tustin, California, facility.  For more information about LightWorks Optics, visit www.lightworksoptics.com.

About Lockheed Martin

Headquartered in Bethesda, Md., Lockheed Martin employs about 130,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services.  For more information about Lockheed Martin, visit http://lockheedmartin.com.

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Contacts:

LightWorks              Phil Eads, 714.247.7100

Optics:                      peads@lwoptics.com

Lockheed                 Cheryl C. Giesler, 407.356.6989

Martin:                       cheryl.c.giesler@lmco.com