Axsys cameras approved for use at Beijing Olympics

Axsys Technologies, a leader in the design and manufacture of high-performance surveillance and imaging systems for the defense and related commercial industries, today announced that the Bush Administration has issued a waiver authorizing the use of Axsys Technologies’ stabilized camera systems at the upcoming Beijing Olympic Games to be held August 8-24, 2008. President George W. Bush has waived the so-called "Tiananmen Square sanctions," thereby allowing Aerial Camera Systems (ACS) Ltd, an Axsys Technologies customer based in the United Kingdom, to use Axsys Technologies’ V14 High Definition camera systems to provide state-of-the-art footage to viewers around the world. The temporary waiver allows the HD camera systems, which incorporate military-grade stabilizing components, and therefore are normally banned from entering China, to be used during the games.

During the upcoming Olympic Games, Axsys Technologies’ gyro-stabilized camera systems will be mounted on helicopters, boats, and other vehicles to provide television viewers with a unique perspective of the Olympic proceedings, including the opening and closing ceremonies and a variety of sporting events such as rowing, cycling, and the marathon.

"We are proud that our state-of-the-art V14 HD cameras will be used to capture stunning visual images of this summer’s Olympic Games in Beijing," said Scott Conner, COO of Axsys Technologies. "The presidential waiver permits the use of our military-grade technology for this commercial purpose so that millions of viewers around the world can experience the highest quality television coverage."

Axsys Technologies sells the V14 HD system to the production and broadcast industry under its industry-leading Cineflex brand. The Axsys Technologies V14 HD system is also ideal for military and law enforcement surveillance missions because of its ability to provide highly stable images from distances never before possible. The V14 HD system is a top-of-the-line, five-axis gyro-stabilized, fully digital servo control system, which includes an integrated high definition daylight camera and laptop controller. In addition to producing extremely high resolution images, its unique small and lightweight footprint offers high performance in a compact package.

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