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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 THIRD QUARTER
FINANCIAL RESULTS NEWS RELEASE AND CONFERENCE CALL

ROCKY HILL, CT - October 4, 2007 - Axsys Technologies, Inc. (NASDAQ: AXYS), a global leader in the design, manufacture and distribution of precision optical solutions today announced that it will issue its financial results for the third quarter ended September 29, 2007 on Wednesday, October 24, 2007 after the market closes.

Management will conduct a conference call reviewing the financial results on Thursday, October 25, 2007 at 11:00 am ET. Shareholders, institutional investors and equity research analysts are invited to participate in the call by dialing 1-866-872-5036 and providing the operator with the conference ID# 19290080 to enter the call.

The conference call will be webcast live via the Investor Relations section of the Company's web site at www.axsys.com. A replay of the webcast will be available shortly after the conclusion of the call for a period of approximately 90 days.

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

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