Luna Announces Sale of Shape-Sensing Technology for Medical Applications

Intuitive Surgical buys medical shape-sensing technology in deal valued at up to $30 million;

Luna to retain shape-sensing technology for non-medical industries

Luna Innovations Incorporated (LUNA), which develops and manufactures new-generation products for the telecommunications, aerospace, automotive, energy and defense markets, today announced the sale of its shape-sensing technology for medical applications to Intuitive Surgical, Inc. (ISRG).

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Digital Ally Awarded Statewide Contract With State of West Virginia

Initial One-Year, Sole-Source Contract to Provide DVM-750 In-Car Video Systems to State Police

Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that it has been awarded a "sole-source" contract with the State of West Virginia to supply in-car video systems and related equipment to the state's highway patrol department.

The initial one-year contract, which was effective December 15, 2013 and includes a provision for two one-year renewals, authorizes the purchase of Digital Ally's in-car video systems, particularly the DVM-750, for installation in state trooper vehicles.

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Digital Ally Receives Initial DVM-250 Order From Kansas City Transportation Group

Company Targets 5,000+ Vehicles Operated by Affiliates of Veolia Transportation

Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, today announced that it has received an initial order for 100 DVM-250 Video Event Recorders from Kansas City Transportation Group ("KCTG"). Operating under the names "Yellow Cab", "10/10 Taxi", and "Super Shuttle", KCTG manages a fleet of over 400 transportation vehicles in the Kansas City metropolitan area.

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Perceptron Announces Strong Fourth Quarter Financial Results and Record Fiscal 2013 Sales

Perceptron, Inc. (NASDAQ: PRCP) today announced its results for the fourth quarter of fiscal year 2013, which ended June 30, 2013. 

Net sales in the fourth quarter of fiscal year 2013 were $20.7 million, while income from continuing operations was $4.0 million, or $0.46 per diluted share. In the fourth quarter of fiscal 2012, Perceptron reported net sales of $12.8 million and a loss from continuing operations of $1.3 million, or $0.16 per diluted share. In the fourth quarter of fiscal year 2013 the Company recorded a gain of $23,000, net of taxes, from the discontinued operations of its Commercial Products Business Unit (CBU). In fiscal year 2012 the Company recorded a loss of $1.3 million, or $0.15 per diluted share, from the discontinued operations of CBU. 

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Meade Instruments Corp. Terminates JOC Merger Agreement, Announces Merger Agreement With Affiliates of Ningbo Sunny Electronic Co., Ltd. for $4.21 Per Share

Meade Instruments Corp. (MEAD) ("Meade"), (est. 1972) one of the world's largest designers and manufacturers of telescopes and accessories for amateur astronomers, announces the termination of its previously announced Agreement and Plan of Merger with JOC North America LLC and JOCNA Inc., collectively ("JOC"), which was announced May 17, 2013, and the execution of a new Agreement and Plan of Merger with Sunny Optics, Inc. ("SOI") and Sunny Optics Merger Sub, Inc., a wholly-owned subsidiary of SOI, both of which are affiliates of Ningbo Sunny Electronic Co., Ltd., collectively ("Sunny") for $4.21 per share or approximately $5.5 million for all shares. 

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