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Updated: July 8th, 2008 05:26 PM CDT

Metrologic Awarded $6.2 Million in Additional Funding

via PRNewswire

BLACKWOOD, N.J., Dec. 21 /PRNewswire-FirstCall/ -- Metrologic Instruments,Inc. (Nasdaq: MTLG), today announced that the Advanced Optical Systems Division of its Adaptive Optics Associates, Inc. ("AOA") subsidiary has received additional funding on a previously announced $25 million subcontract.

Funding for this subcontract has been increased to $15.9 million from the previously announced $9.7 million level with approximately $7.8 million of revenue recognized through October 31, 2005 . The period of performance for the entire contract is expected to last through the end of the first quarter of 2008. It will be incrementally funded through that period. Payments under the contract will be made to AOA on a cost-plus-fee basis.

Jeffrey Yorsz, AOA's President and General Manager stated, "AOA will continue to utilize its expertise and technical resources to meet our customer's expectations for this very important program."

For proprietary reasons, this customer has requested that Metrologic not release its name.

About Metrologic

Metrologic Instruments, Inc. ("Metrologic" or the "Company") is a global supplier of choice for data capture and collection hardware, optical solutions, and image processing software. Metrologic has been delivering innovative, quality products that are cost-effective, reliable and supported by a superior level of personal service for nearly 40 years. Metrologic products are sold worldwide through Metrologic's sales, service and distribution offices located in The Americas, EMEA and Asia/Pacific . Metrologic provides its customers not only with a great deal, but a great deal more. For more information please call 1-800-667-8400 or visit

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