IMMEDIATE RELEASE                                                                              

JUNE 28, 2007 

                        LIGHTWORKS OPTICS AWARDED $2.8 MILLION CONTRACT FOR ARROWHEAD OPTICAL ASSEMBLIES   

TUSTIN, California. – June 28, 2007 – LightWorks Optics, Inc. has been awarded an additional $2.8 million contract for high-precision optical assemblies from Lockheed Martin Corporation Missiles and Fire Control.   The contract is in addition to two prior Arrowhead wins bringing the total to $5.4 million over recent months. 

The follow-on award is related to Lot IV production that will continue deliveries through 2008.  LightWorks is currently in production on the previously-awarded Lots II and III. 

LightWorks has implemented several design improvements contributing to significantly enhanced system quality and performance.   This award also represents a continuation of the ongoing teaming relationship between Lockheed Martin and LightWorks in providing state-of-the-art optical systems and assemblies.      

About Arrowhead

Arrowhead is the advanced electro-optical fire control system that Apache helicopter pilots will use for safe flight in day, night or bad weather missions.  It is the U.S Army’s Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-Tads/PNVS) system that is leading edge in its design.  Arrowhead advanced technology improves system performance by over 150 percent.  Reliability increases more than 150 percent while maintenance actions decrease approximately 60 percent.  Streamlining field maintenance from three levels to two levels saves nearly $1 billion in operation and support costs over the 20-year life of the system.             

About LightWorks Optics

LightWorks Optics, Inc. is an employee-owned company, specializing in concurrent engineering collaboration 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. 

LightWorks is also a Lockheed Martin Preferred Supplier and is currently producing complex optical assemblies on several other programs as well. 

For more information about LightWorks Optics, visit www.lightworksoptics.com.

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Contacts:

LightWorks              Phil Eads, 714-247-7143

Optics:                      peads@lwoptics.com

Lockheed                Matt Berinato, 407-356-0108

Martin:                     matthew.p.berinato@lmco.com