SensArray Infrared Receives New Round of Financing

    BURLINGTON, Mass.--March 26, 2003--SensArray Infrared Corp. announced today it has completed a new equity investment from Digital Power Capital LLC of Greenwich, Connecticut.
    "SensArray Infrared, a manufacturer of mostly commercial lead salt (lead sulfide and lead selenide) infrared imaging products and host materials for mid infrared lasers, is extremely excited about this infusion of new capital and the opportunity to grow the business to the next level of low cost, room temperature focal plane arrays." said Paul Murphy, President, SensArray Infrared. "We have recently joined with BAE SYSTEMS, Nashua, NH, who have taken a small equity position in SensArray Infrared and licensed new process developments to SensArray Infrared for our exclusive use in commercial applications and use in BAE SYSTEMS' military applications. With the support of Digital Power Capital and our partnership with BAE SYSTEMS, SensArray Infrared stands an excellent chance of emerging as the key manufacturer of low cost lead salt, two dimensional arrays."
    Hans Kobler, Digital Power Capital CEO, will join the Board of Directors of SensArray Infrared Corp. " The low cost Infrared Sensor market for the next generation, room-temperature thermal imagers for both the commercial and military markets continues to grow at a rapid rate even under the present market conditions. SensArray Infrared is one of only a few companies that have mastered the lead sulfide and lead selenide infrared imaging technology that is likely to emerge as the material of choice in low cost, high-resolution infrared imaging. We believe that with this investment SensArray Infrared is well positioned to emerge as a key supplier of a key component in this rapidly growing market."

    About SensArray Infrared www.sensarrayinfrared.com

    SensArray Infrared, a leading producer for the commercial and military markets, manufactures a wide selection of Infrared Detectors for spectroscopic, analytical and military applications as well as laser and ultrasonic crystal material. It's lead sulfide (PbS) and lead selenide (PbSe) detectors offer the most cost effective choice for standard solutions, while the companies SensIR line of multiplexed linear and two dimensional arrays produce unprecedented array based spectroscopy, remote sensing and IR imaging in the 1-5 micrometer infrared band.