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Press Release

For Immediate Release

Charlie Rubel
(949) 581-9988

ITT Night Vision announces name change to Exelis in tripartite company split


LAGUNA HILLS, CA – November 2011 - On October 31, 2011, the conglomerate ITT spun off its defense businesses into a company named Exelis, and its water technology business into a company named Xylem, each having their own publicly traded symbol and separate trading status.

ITT Exelis encompasses four separate defense business divisions; Electronic Systems, Geospatial Systems, Communication Systems, and Mission Systems. The former “ITT Night Vision” is now a business unit of the Geospatial Systems division referred to as "Night Vision Systems & Imaging".

Through the Geospatial Systems division, ITT Exelis looks to the future as a global supplier of innovative night vision, remote sensing and navigation solutions that provide sight and situational awareness at the space, airborne, ground and soldier levels. Key applications include image intensification and thermal imaging; advanced power supplies; multi-spectral image systems; weather and climate monitoring; space science; intelligence, surveillance and reconnaissance; GPS-based positioning, navigation and timing systems; and image exploitation software.

As the Authorized U.S. Law Enforcement Distributor and Authorized Commercial Intensifier Tube Distributor of ITT Exelis, Morovision Night Vision continues to strengthen and support the ITT Exelis brand with 20 years of sales, marketing and distribution experience into the U.S. commercial markets for high quality night vision equipment.

For more information, please visit:
ITT Exelis Begins Operations as a Publicly Traded Company

Headquartered in Laguna Hills, CA, Morovision Night Vision, Inc., is a leading supplier, manufacturer and distributor of U.S. manufactured thermal and image intensified night vision technology. It is the Authorized U.S. Law Enforcement Distributor and Authorized Commercial Image Intensifier Tube Distributor for ITT Exelis. Morovision Night Vision, Inc., has served the law enforcement, military, industrial, professional, and recreational markets since 1991, and is a GSA and RKB registered company. To learn more visit:www.morovision.com.

ITT Exelis is a diversified, top-tier global aerospace, defense and information solutions company with strong positions in enduring and emerging global markets. ITT Exelis is a leader in networked communications, sensing and surveillance, electronic warfare, navigation, air traffic solutions and information systems with growing positions in cyber security, composite aerostructures, logistics and technical services. The company has a 50-year legacy of innovation and technology expertise, partnering with customers worldwide to deliver affordable, mission-critical products and services for managing global threats, conflicts and complexities. Headquartered in McLean, VA, the company employs about 21,000 people and generated 2010 revenue of $5.9 billion. For more information, visit www.exelisinc.com

To learn more about Morovision Night Vision visit: www.morovision.com.


Press Release in PDF Format - PDF (File Size: 150k)

 






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