Gyrocam Systems Contract Award by United States Marine Corps

Sarasota, FL, 10/19/2006 --

Gyrocam Camera Systems, Sarasota, Fla., is being awarded an estimated $51,730,000 for firm-fixed-price delivery order under previously awarded contract (M67854-06-D-5034) for 140 camera systems, associated manuals, deployment kits, installation, integration support, fielding support, deployment blocks of repair parts, and associated training.

The objective of the camera systems is to assist in performing counter improvised explosive detection missions in Iraq and Afghanistan. Work will be performed in various locations within the countries of Iraq and Afghanistan, and is expected to be completed by October 2007. Contract funds will not expire by the end of the current fiscal year. This delivery order is a sole source award to Gyrocam Systems LLC based on an urgent and compelling need for the Government. The Marine Corps Systems Command, Quantico, Va., is the contracting activity.

About Gyrocam® Systems

Gyrocam® Systems is the leading manufacturer of precision gyrostabilized camera systems for DoD, law enforcement and security applications. The company specializes in providing complete, integrated turnkey solutions customized to fit specialized needs, whether in the air, on land or at sea.

Media Contacts:

Jody Warren, (941) 355-3206
e–mail jwarren@gyrocamsystems.com