Recent Insider Transactions at Mikron Infrared

    Business Editors/Technology Writers

    OAKLAND, N.J.--(BUSINESS WIRE)--Jan. 21, 2005--Recently, several corporate executives and outside directors availed themselves of the opportunity to sell a portion of their Mikron (NASDAQ:MIKR) holdings as the stock rose to new highs. Gerry Posner, CEO speaking for the management group said, "The stock sales by key executives and directors were made to take advantage of recent opportunities to diversify their holdings. These sales do not reflect any individual or collective judgment about the company's prospects. Mikron's revenues have grown over the last five years at a compounded annual growth rate of approximately 30%. This has been achieved from a combination of acquisitions and organic growth. During the last five years, Mikron has significantly strengthened its product portfolio with innovative new products and substantially improved its international distribution channels. We continue to remain confident in Mikron's future. It should be noted that insider holdings still remain significant at approximately 19% (not including in-the-money options to purchase approximately 4% more)."

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CONTACT: Mikron Infrared Paul Kohmescher, 201-405-0900

KEYWORD: NEW JERSEY INDUSTRY KEYWORD: HARDWARE BANKING MANUFACTURING SOURCE: Mikron Infrared

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