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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 SECOND QUARTER FINANCIAL
RESULTS NEWS RELEASE AND CONFERENCE CALL

ROCKY HILL, CT - July 18, 2005 - Axsys Technologies, Inc. (NASDAQ:AXYS) today announced that it will issue its financial results for the second quarter ended July 2, 2005 on Tuesday, July 26, 2005 after the market closes.

Management will conduct a conference call reviewing the financial results on Wednesday, July 27, 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 Investor Relations 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 will be archived on the Company's web site.

About Axsys

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

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