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Axsys Technologies to Dismiss Arthur Anderson

MAY 24, 2002, 11:30 EDT
ROCKY HILL, Conn. -- Axsys Technologies, Inc., a supplier of precision components and systems for high-technology markets, announced its determination to dismiss its independent auditors, Arthur Andersen LLP and to engage Ernst and Young LLP to serve as its new independent auditors for 2002.

The change becomes effective immediately. This determination was recommended by the Audit Committee of Axsys Technologies, Inc. and approved by its Board of Directors.

Axsys Technologies, Inc. is a vertically integrated supplier of precision system solutions for high-technology applications, including aerospace guidance, graphic arts and electronics capital equipment, and serves the semiconductor and photonic components markets. Axsys has created its precision system capabilities by leveraging its unique component capabilities.

For more information, visit www.axsys.com.

Military & Aerospace Electronics




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