Shares of Xenonics rally following new purchase orders for $4M (Xenonics In)

Date : 11/13/2007 @ 1:11PM
Source : TFN
Stock : Xenonics Holdings In (XNN)
Quote : 1.18  0.11 (10.28%) @ 4:06PM
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Shares of Xenonics rally following new purchase orders for $4M (Xenonics In)

        BOSTON (Thomson Financial) - Shares of Xenonics Holdings Inc. rallied
Tuesday after the Carlsbad, Calif.-based maker of advanced illumination and
low-light viewing products said it had received $4 million in new purchase
orders.
    The purchase orders for Xenonics' NightHunter devises include about $3.2
million from the U.S. Army and $0.8 million from Aardvark Tactical Inc.
    Shares of Xenonics jumped 17% to $1.73 on volume of 248,253, well above its
30-day average of 72,953 shares.
Casey Logan
cl/tk1

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