Xenonics Holdings Inc. (XNN)

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Aardvark, Xenonics sign exclusive deal
Published: July 30, 2009 at 12:19 PM

CARLSBAD, Calif., July 30 (UPI) -- Aardvark Tactical has signed an exclusive U.S. distribution agreement with Xenonics Holdings to expand the marketing of Xenonics' technologies.

U.S. company Xenonics announced the agreement with ATI will further expand the marketing of its NightHunter illumination technology and its SuperVision night-vision devices.

Under the deal, ATI becomes the exclusive distributor of Xenonics' illumination and night-vision products.

"This exclusive U.S. distribution agreement will allow us to leverage Aardvark's proven sales and marketing and distribution capabilities across the full range of Xenonics products, now and in the future," Alan Magerman, Xenonics chief executive officer, said in a statement.

"We believe this agreement marks the beginning of a significant expansion of our business with ATI."