Metrologic Receives $1 Million Contract Modification for its Advanced

    Business Editors

    BLACKWOOD, N.J.--(BUSINESS WIRE)--Feb. 3, 2005--Metrologic Instruments, Inc. (NASDAQ-NMS:MTLG), experts in optical image capture and processing solutions who design, manufacture and market worldwide sophisticated imaging and scanning solutions for a variety of applications, today announced that the Advanced Optical Systems Division of its Adaptive Optics Associates, Inc. ("AOA") subsidiary has received a contract modification valued at $1 million under a contract from a proprietary customer previously announced on October 19, 2004, bringing the total value of the contract to $2.7 million. This effort is scheduled for completion in the Fourth Quarter 2005. Payments under the contract will be made to AOA on a cost-plus-fixed-fee basis.
    Jeffrey Yorsz, AOA's President and General Manager stated, "I am very pleased to see the growth in this contract. I believe it to be a reflection of our work and the importance we ascribe to this customer and this program."
    For proprietary reasons, this customer has requested that Metrologic not release its name.

    About Metrologic and AOA

    Metrologic Instruments, Inc. ("Metrologic" or the "Company") designs, manufactures and markets bar code scanning and high-speed automated data capture systems solutions using laser, holographic and vision-based technologies. Metrologic offers expertise in 1D and 2D bar code reading, portable data collection, optical character recognition, image lift, and parcel dimensioning and singulation detection for customers in retail, commercial, manufacturing, transportation and logistics, and postal and parcel delivery industries. In addition to its extensive line of bar code scanning and vision system equipment, the Company also provides laser beam delivery and control systems, as well as a variety of highly sophisticated optical systems used by the commercial, government, and scientific communities. Metrologic products are sold in more than 110 countries worldwide through Metrologic's sales, service and distribution offices located in North and South America, Europe and Asia. For more information please call 1-800-ID-METRO or visit www.metrologic.com.

    Forward-Looking Statement

    Forward-looking statements contained in this release are highly dependent upon a variety of important factors which would cause actual results to differ materially from those reflected in such forward looking statements. Specifically, the timing and extent to which the Company's subsidiary receives additional funding awards under the contract could cause actual results to differ from expectations. When used in this release and documents referenced, the words "believes," "expects," "may," "should," "seeks," or "anticipates," and similar expressions as they relate to Metrologic or its management are intended to identify such forward-looking statements. For additional factors, please see Metrologic's reports filed with the Securities and Exchange Commission.

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CONTACT: Metrologic Investor Relations: Dale Fischer, 856-228-8100 Email: d.fischer@metrologic.com News Media: Steve Gary, 856-228-8100 x5860 Email: s.gary@metrologic.com or AOA's Contact for Advanced Optical Systems: Jeffrey Yorsz, 617-806-1400 Email: jeffy@aoainc.com

KEYWORD: NEW JERSEY INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS MANUFACTURING SOFTWARE MARKETING AGREEMENTS SOURCE: Metrologic Instruments, Inc.

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