Irvine Sensors Files Shelf Registration for Up to $100M Financing

Apr 12, 2001, 01:00 ET from Irvine Sensors Corporation

    COSTA MESA, Calif., April 12 /PRNewswire/ -- Irvine Sensors Corporation
 (Nasdaq: IRSN; Boston: ISC) announced today that it has filed a shelf
 registration statement on Form S-3 with the Securities and Exchange
 Commission.  The shelf includes various possible equity and debt securities
 with aggregate proceeds of up to $100 million.  The Company indicated that it
 had filed the S-3 in order to have registered securities available to
 facilitate the financing of its operations and that of its subsidiaries.
     This registration statement has not yet become effective.  The securities
 registered pursuant to such registration statement may not be sold nor may
 offers to buy be accepted prior to the time the registration statement becomes
 effective.  This news release does not constitute an offer to sell or the
 solicitation of an offer to buy, nor shall there be any sale of the securities
 in any state in which such offer, solicitation or sale would be unlawful prior
 to registration or qualification under the securities law of any such state.
 
     Irvine Sensors Corporation, headquartered in Costa Mesa, California, is
 primarily engaged in the development and sale of high density electronics and
 interconnects, MicroElectroMechanical systems (MEMS), sensors and sensor
 readout circuits, miniature cameras, electro-optical switches, image
 processing hardware and software, wireless infrared communications products,
 and low-power analog and mixed-signal integrated circuits for diverse systems
 applications.  It generally seeks to commercialize its technologies through
 independently financed and managed subsidiaries.
 
     Except for historical information contained herein, the matters set forth
 in this news release are forward-looking statements that are dependent on
 risks and uncertainties including such factors, among others, as the Company's
 ability to develop and market new technologies in a cost-effective and timely
 manner, the pace at which new markets develop and the actions of potential
 competitors in the Company's targeted markets.  Further information on Irvine
 Sensors Corporation and its subsidiaries is contained in publicly-filed
 disclosures available through the SEC's EDGAR database (www.sec.gov) or from
 the Company's Investor Relations.
 
     For further information please contact Lynn O'Mara of Irvine Sensors
 Corporation, 714-444-8718, lomara@Irvine-sensors.com
 
 

SOURCE Irvine Sensors Corporation
    COSTA MESA, Calif., April 12 /PRNewswire/ -- Irvine Sensors Corporation
 (Nasdaq: IRSN; Boston: ISC) announced today that it has filed a shelf
 registration statement on Form S-3 with the Securities and Exchange
 Commission.  The shelf includes various possible equity and debt securities
 with aggregate proceeds of up to $100 million.  The Company indicated that it
 had filed the S-3 in order to have registered securities available to
 facilitate the financing of its operations and that of its subsidiaries.
     This registration statement has not yet become effective.  The securities
 registered pursuant to such registration statement may not be sold nor may
 offers to buy be accepted prior to the time the registration statement becomes
 effective.  This news release does not constitute an offer to sell or the
 solicitation of an offer to buy, nor shall there be any sale of the securities
 in any state in which such offer, solicitation or sale would be unlawful prior
 to registration or qualification under the securities law of any such state.
 
     Irvine Sensors Corporation, headquartered in Costa Mesa, California, is
 primarily engaged in the development and sale of high density electronics and
 interconnects, MicroElectroMechanical systems (MEMS), sensors and sensor
 readout circuits, miniature cameras, electro-optical switches, image
 processing hardware and software, wireless infrared communications products,
 and low-power analog and mixed-signal integrated circuits for diverse systems
 applications.  It generally seeks to commercialize its technologies through
 independently financed and managed subsidiaries.
 
     Except for historical information contained herein, the matters set forth
 in this news release are forward-looking statements that are dependent on
 risks and uncertainties including such factors, among others, as the Company's
 ability to develop and market new technologies in a cost-effective and timely
 manner, the pace at which new markets develop and the actions of potential
 competitors in the Company's targeted markets.  Further information on Irvine
 Sensors Corporation and its subsidiaries is contained in publicly-filed
 disclosures available through the SEC's EDGAR database (www.sec.gov) or from
 the Company's Investor Relations.
 
     For further information please contact Lynn O'Mara of Irvine Sensors
 Corporation, 714-444-8718, lomara@Irvine-sensors.com
 
 SOURCE  Irvine Sensors Corporation