Optex Systems Awarded Multi Million Dollar U.S. Army Contract

RICHARDSON, TX, May 11 (MARKET WIRE) --
Optex Systems (Optex) (OTCBB: OPXS), a wholly owned subsidiary of Optex
Systems Holdings, Inc., a leading manufacturer of optical sighting
systems and assemblies primarily for Department of Defense applications,
announced today it has been awarded a multi-year contract and first
delivery order from the U.S. Army's Tank-Automotive and Armaments Command
(TACOM) division, which, if all delivery orders are awarded, could be
valued at approximately $7.5 million. Under terms of the agreement, Optex
Systems will deliver a range of technologically advanced laser protected
periscopes.

The U.S. Army's TACOM division is one of the Army's largest weapon systems
research, development, and sustainment organizations. Their mission is to
provide and sustain mobility, lethality, and survivability for soldiers,
other services, and our Allies through ground combat, automotive, marine
and armaments technologies. With a workforce of over 18,000 worldwide,
TACOM supports over 3,500 fielded systems and over 29,000 components that
make those systems work. Specifically, TACOM's Rock Island's office,
through which the award was granted, is responsible for the entire life
cycle support of aircraft armament, small arms, field artillery, mortars,
tools and training systems, tactical vehicles, light and heavy combat
vehicles, watercraft, soldier/biological/chemical systems and
deployment/support equipment.

Danny Schoening, COO of Optex Systems, commented, "Our entire organization
is very excited about being awarded this multi-year contract by the U.S.
Army's TACOM division. It's a testament to our dedication of providing
superior mission critical components for the men and women in uniform who
perform their jobs at the highest level of dependability and
survivability." Mr. Schoening continued, "We have fulfilled the first
phase of the order and have begun shipment of various types of our laser
protected periscopes to TACOM. We look forward to further developing our
relationship with TACOM."

ABOUT OPTEX SYSTEMS

Optex, which was founded in 1987, is a Richardson, Texas-based ISO
9001:2008 certified concern, which manufactures optical sighting systems
and assemblies primarily for Department of Defense (DOD) applications.
Optex Systems was previously a wholly owned subsidiary of Irvine Sensors
Corp. On October 14, 2008, Optex Systems Inc. (Delaware) became an
independent company and is now a wholly owned subsidiary of Optex Systems
Holdings, Inc. Its products are installed on a majority of types of U.S.
military land vehicles, such as the Abrams and Bradley fighting vehicles,
Light Armored and Advanced Security Vehicles, and have been selected for
installation on the Stryker family of vehicles. Optex also manufactures
and delivers numerous periscope configurations, rifle and surveillance
sights and night vision optical assemblies. Optex delivers its products
both directly to the military services and to prime contractors. For
additional information, please visit the Company's website at
www.optexsys.com.

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uncertainties.

Contact:
Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact

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