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|Zygo Corporation Receives Multi-million Dollar Contract Award From Lawrence Livermore National Laboratory for Opto-mechanical Assemblies|
|MIDDLEFIELD, Conn., Aug 29, 2002 (BUSINESS WIRE) -- Zygo Corporation (NASDAQ:
ZIGO), has received a contract award for 192 Vacuum Relay Telescopes from the
University of California managed, Lawrence Livermore National Laboratory (LLNL).
These telescopes are to be installed in the National Ignition Facility (NIF), the world's largest laser system, being constructed at LLNL for the study of nuclear weapons physics and energy production by controlled thermonuclear fusion. The contract, with options, runs through 2007 and has a potential value of $7.66 million. The work will be performed at ZYGO's Optical Assembly Center, located in Tucson, Arizona.
"ZYGO is proud to have been selected by Lawrence Livermore National Laboratory for this critical optical assembly," said Jack Elliott, General Manager of the ZYGO Optical Assembly Operation. "This award is the result of several years of design, development, and prototyping by ZYGO in cooperation with technologists from LLNL. The Lab gave us challenging targets to hit with regard to performance, price and delivery." "ZYGO rose to the challenge and has been awarded the contract," said Steve Kumpan, Optical Systems Production Manager for the NIF Program.
Zygo Corporation (NASDAQ: ZIGO), headquartered in Middlefield, Connecticut, is a worldwide developer and supplier of high performance metrology instruments, high precision optics, optical assemblies, and automation for the semiconductor, industrial, and telecommunications markets. See ZYGO's web site at www.zygo.com for additional information.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21 E of the Securities and Exchange Act of 1934. as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risk and uncertainties that could cause the actual results to differ materially. Important factors, which could cause actual results to differ materially, are described in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.
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