Optex Systems Holding, Inc. is a wholly-owned subsidiary of Optex Systems, Inc. which provides top notch optical sighting systems and assemblies. Optex was founded in 1987 in Richardson, Texas; and it primarily supplies the U.S. Department of Defense (DOD).

Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.

Its products are installed on a variety of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Stryker family of vehicles.

Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors

Optex serves customers in three primary categories:
• As prime contractor (TACOM, U.S. Army, Navy and Marine Corps),
• As subcontractor (General Dynamics, BAE, Raytheon and Northrop)
• As a supplier to foreign governments (Israel, Australia and NAMSA).

Although we do serve all three of these categories, at present, approximately 90% of the gross revenue from our business is derived from two customers, General Dynamics Land Systems (“GDLS”) and U.S. Army TACOM, with which they possess approximately 50 discrete contracts.

Optex products are currently marketed in the military and related government markets. Since 1998, American military spending has increased over 225% on an annual basis to over $600 billion per year. As the American presence overseas continues, this level of spending should continue to exist. Also, the market for replacement parts for existing military equipment is significant.

Optex is well positioned to continue servicing the U.S. military’s need, because it meets the U.S. military requirements in its product lines:

• Reliability (**failure can cost lives**)
• Cost effectiveness
• Ability to deliver on schedule
• Armed forces need to be able to see to perform
• Mission critical products.

Optex products are currently sold exclusively to military and related government markets. We believe we have significant potential retail opportunities to commercialize various products we presently manufacture. Our initial focus will be directed in three product areas.

• Big Eye Binoculars
• Night Vision Goggles
• Infrared Imaging Equipment

Mr. Richards serves the Company as its Chairman of the Board. Mr. Richards is the founder and Managing Director of Gray Wolf Partners, LLC, a strategic and financial advisory firm. He previously served as a Managing Director of Viking Asset Management, LLC where his responsibilities included: (i) sourcing, conducting due diligence, and structuring potential investment opportunities and (ii) working with portfolio companies to enhance shareholder value. He previously served as Chief Financial Officer and Senior Vice President, Business Development of Biopure Corporation, a publicly traded biotechnology company developing oxygen therapeutics and as a Managing Director, Corporate Finance of Wells Fargo Van Kasper. Mr. Richards has over 20 years of experience working with public and private companies in the areas of investment banking, corporate finance, law and accounting. He has structured and executed numerous public offerings and private placements raising a total of more than $660 million. He also co-authored PIPES: A CEO's Guide to Successful Private Placements in Public Equities. Mr. Richards holds JD, MBA and BA degrees from UCLA. He is a member of the State Bar of California and a retired Certified Public Accountant.

Stan Hirschman serves the Company as its President, Secretary, Treasurer, and a Director. Mr. Hirschman is the President of CPointe Associates, Inc., a Plano, Texas executive management and retail operations consulting firm. He is an investment due diligence specialist and works regularly with public companies dealing with the difficulties in the balance between increased regulatory requirements and reasonable corporate governance. He is a director of Axion Power International, South Texas Oil, Datascension, Inc. and former chairman of Mustang Software, Inc. While at Mustang Software, Mr. Hirschman took a hands-on role in the planning and execution of the strategic initiative to increase shareholder value resulting in the successful acquisition of the company by Quintus Corporation. Prior to establishing CPointe Associates, he was Vice President Operations, Software Etc., Inc., a 396 retail store software chain, from 1989 until 1996. He has also held executive positions with T.J. Maxx, Gap Stores and Banana Republic. Stan is a member of the National Association of Corporate Directors, the KMPG Audit Committee Institute and is a graduate of the Harvard Business School Audit Committees in the New Era of Governance symposium. He is active in community affairs and serves on the Advisory Board of the Salvation Army Adult Rehabilitation Centers.

Mr. Okamoto serves the Company as a Director. Mr. Okamoto is the President and Managing Member of Viking Asset Management, LLC and has been employed in the securities industry since 1983. Mr. Okamoto performs due diligence and research of potential investments for Viking and he is responsible for research, due diligence, and structuring potential investment opportunities. He is also responsible for all Viking trading operations. Mr. Okamoto is widely recognized as an advanced trader specializing in short-term trading with sector momentum and has more than 25 years of extensive experience in technical market analysis techniques. He has been a frequent speaker at national on-line trading venues. From 1987 to 1990, he hosted the television program, The Income Report. He also has appeared on CNN and The MacNeil-Lehrer Report. Before co-founding Viking in 2002, Mr. Okamoto co-founded and was the President of TradePortal.com, Inc. in 1999. TradePortal.com, Inc. is a software development company and its wholly owned subsidiary, TradePortal Securities, Inc., a direct access execution brokerage firm. Mr. Okamoto was instrumental in developing the proprietary Trade Matrix™ software platform offered by TradePortal Securities. His negotiations were key in selling a minority stake in TradePortal.com Inc. to Thomson Financial, a US $6 billion revenue company. Prior to 1999, He held Vice President positions with Shearson Lehman Brothers, Prudential Securities and Paine Webber, and he was the founder of First Stage Capital, Inc. (1996 to 2002), which specialized in investment banking and consulting to public and private companies.

Optex Systems is a fully reporting Bulletin Board (OTCBB: OPXS) and as such, as financials are reported, they will become available throughout the public domain and the Investor Relations section of the company's website. The recent share exchange of Optex Systems Holdings, Inc. (Optex Systems), which resulted in the transfer of Optex Systems' operations into Sustut Exploration, Inc., necessitates a brief overview of the financials of OPXS. Optex Systems Holdings, Inc. share exchange was completed on March 30, 2009. Therefore, all financials publicly available from that date forward, and also certain pro forma financial information, reflect the financial results of the operations of Optex Systems. Since creating transparency of Optex Systems for its shareholders provides a better understanding of our operations and financial position, and is required under federal law, the past two years of audited financials were included in the "jumbo" 8-K filed on March 30, 2009, which is available within the SEC Filings section.

With the inclusion of data on this page derived from third party sources, Optex Systems Holdings Inc. (Optex Systems) does not imply any endorsement, approval, investigation, verification or monitoring by us of any content or information contained within or accessible from the aforementioned data sources. Optex Systems does not control the accuracy, completeness, timeliness or appropriateness of the data content or information from these third party providers. If you choose to use this information from the third party data providers, you will be subject to its terms of use and privacy policies, over which Optex Systems has no control. In no event will Optex Systems be responsible for any information or data from these third party data providers or your use of the data.