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Investor Inquiries:
David Almeida
Chief Financial Officer
Axsys Technologies, Inc
(860) 257-0200 Telephone
(860) 594-5750 Facsimile
Julie Oakes
Director of Investor Relations
Axsys Technologies, Inc
(860) 594-5751 Telephone
(860) 594-5750 Facsimile
Email: invest@axsys.com
Media Inquiries:
Jeff Nestel-Patt
Director of Corporate Marketing
Axsys Technologies, Inc
(603) 864-6244 Telephone
Email: mediainquiries@axsys.com
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AXSYS TECHNOLOGIES SCHEDULES FIRST QUARTER FINANCIAL RESULTS NEWS RELEASE AND CONFERENCE CALL

ROCKY HILL, CT - April 21, 2005 - Axsys Technologies, Inc. (NASDAQ:AXYS) today announced that it will issue its financial results for the first quarter ended Apri l 2, 2005 on Monday, May 2, 2005 before the market opens.

Management will conduct a conference call reviewing the financial results on Monday, May 2, 2005 at 10:00 am ET. Interested parties may participate in the call by dialing 706-679-3148 - please call in 10 minutes before the call is scheduled to begin, and ask for the Axsys Technologies call.

The conference call will be webcast live via the Investors section of the Company's web site at www.axsys.com. To listen to the live call please go to the website at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call w ill be archived on the Company's web site.

Axsys Technologies, Inc. is a vertically integrated supplier of precision optical solutions for high technology applications, serving the aerospace, defense and high perfo rmance commercial markets. For more information, visit www.axsys.com.

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