HOUSTON, TX -- (MARKET WIRE) -- 07/10/08 -- Optical Systems, Inc. (PINKSHEETS: OPSY), aleader in front office software for automotive dealerships, is pleased toannounce the addition of William G. Mokry to the Company's Board ofDirectors.William Mokry is a veteran of the automotive industry. His experienceincludes executive management positions with two major US auto manufacturesas well as ownership interests in retail dealerships. He currently ownsand manages a multi-location sub-prime automobile sales and financecompany.
Mr. Mokry has received numerous awards for outstanding performance. "Iam excited that William Mokry has accepted a seat on our Board ofDirectors," B.J. Grisaffi, Optical Systems CEO and Chairman of the Board ofDirectors, said. "With his strong background in the automotive industry,we are very confident that his experience will provide insight anddirection for Optical Systems."
Optical Systems, Inc., through its wholly owned operating subsidiary,Automotive Software Designers, Inc., provides front office software forautomotive dealerships that significantly improves dealership efficiency byautomating workflow within a dealership, eliminating manual forms, andreducing the time to desk and finance a deal. For the most completeintegrated software solution available log onto www.saveadeal.net.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities litigation Reform Act of1995: The statements, other than the statements of historical facts, maybe deemed to contain forward-looking statements with respect to events, theoccurrence of which involves risk and uncertainties, including, withoutlimitation, demand and competition for the company's products and services,the availability to the company of adequate financing to support itsanticipated activities, the ability of the company to generate cash flowfrom operations and the ability of the company to manage its operations.As statements regarding future events concern management's estimates offuture results of operations, and as these estimates are based on manyelements beyond management's control, differences from management'sestimates may occur, and such difference may be material.
Although Optical Systems, Inc. believes the assumptions underlying theforward-looking statements contained herein are reasonable, any assumptioncould be inaccurate, and therefore, there can be no assurance that theforward-looking statement included in this press release will prove to beaccurate. In light of the significant uncertainties inherent in theforward-looking statements included herein, the inclusion should not beregarded as representation by Optical Systems, Inc. or any other personthat the objective and plans of Optical Systems, Inc. will be achieved.
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