Today, Axsys Technologies, Inc. (NASDAQ:AXYS), a global leader in the design and development of high-performance surveillance cameras, imaging systems and related motion control technologies, announced that it will not hold a quarterly teleconference or issue an earnings release to discuss its financial results as a result of the pending acquisition by General Dynamics Advanced Information Systems. Axsys expects to file its Form 10-Q for the second quarter of 2009 with the Securities and Exchange Commission during the last week of July.

Axsys Technologies, Inc. is a global leader in the design and development of high-performance surveillance cameras, imaging systems and related motion control technologies, serving the aerospace, defense, and high-performance commercial markets. For more information, visit http://www.axsys.com.