Xenonics (XNN) Receives $1 Million in Initial Orders

January 27, 2009 12:18 PM EST

XENONICS HOLDINGS, INC. (AMEX: XNN) announced that it has entered into distribution agreements for its SuperVision family of high-definition night vision products with four master distributors that primarily serve the law enforcement market in the United States, and has received initial orders valued at approximately $1 million. Agreements with two additional master distributors are scheduled to be signed within the next couple of weeks, and are expected to result in approximately $0.5 million of additional SuperVision orders.

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Xenonics Holdings, Inc. develops and produces advanced, lightweight and compact ultra-high-intensity illumination and low-light vision products for military, law enforcement, public safety, and commercial and private sector applications.


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