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Cyalume Technologies Awarded Contracts
for Chemiluminescent Products

Awarded two contracts to supply chemiluminescent products to NAMSA, the NATO Maintenance and Supply Agency

Cyalume Technologies, SA Press Release

FlashlightNews.org - 9/3/2008
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Cyalume lightstick

Cyalume lightstick

WEST SPRINGFIELD, Ma. - Cyalume Technologies, SA of Aix-en-Provence, France, a wholly owned subsidiary of Cyalume Technologies, Inc. was awarded two contracts to supply chemiluminescent products to NAMSA, the NATO Maintenance and Supply Agency. Both contracts are 3-year with 2 optional years of 1 year.

One contract is for standard chemiluminescent products and the other is for environmentally friendly -- phthalate free and biodegradable -- products. The contracts were awarded after NAMSA's rigorous selection process to ensure NATO members had access to products of the highest quality and value. As a result, Cyalume is the sole source of chemiluminescent products named in the contracts. All products are available through NAMSA's eCAT I system. These are the second and third such contracts awarded to Cyalume Technologies, SA. In 2007, Cyalume received orders of approximately $9 million through its contracts through NAMSA.

The two contracts (LZ-CYA-01 and LZ-CYA-03) are NLSE (NATO Logistics Stock Exchange) eCAT I Frame Contracts. These contracts which contain 150 line items are the second and third Frame Contracts awarded by NAMSA to Cyalume Technologies, SA for chemiluminescent products. All dues paying NATO members may purchase the Cyalume NATO Stock Number (NSN) chemiluminescent products and accessories on these two contracts via an electronic catalog (eCAT I). The eCAT I system allows NAMSA members to order products on-line with registered suppliers saving significant time and administrative manpower to be used more effectively elsewhere. Thomas McCarthy, Vice President of Sales and Marketing said, "Cyalume is proud to be one of the first of the NAMSA eCAT I product lines. We are committed to helping NAMSA standardize products and procurement procedures throughout NATO and partner countries."

Cyalume's continuing commitment to research and development has resulted in the production of most of these products with newly-formulated, environmentally-friendly chemicals. Some have biodegradable plastic casings. "Our focus on manufacturing chemiluminescent products that are safe for the environment, phthalate free and biodegradable significantly differentiates Cyalume from other competitors in the market," said Cyalume's CEO Derek Dunaway.

Cyalume Technologies, Inc. is the world leader in the chemiluminescent industry, providing dependable light for uses by militaries, policemen, firemen and throughout the safety industry. Cyalume's chemical lights are depended upon for both military training and battle operations as well as emergencies such as blackouts, industrial accidents, acts of terrorism and natural disasters. A full complement of Military grade Cyalume® brand, Industrial grade SnapLight® brand and Consumer grade SafetyBright® brand emergency lighting solutions are manufactured at their world headquarters in West Springfield, Massachusetts. Their French subsidiary, Cyalume Technologies SA, manufactures and distributes chemiluminescent products throughout Europe.

On February 14, 2008, Cyalume Light Technologies agreed to be acquired by Vector Intersect Security Acquisition Corporation (OTC: VTRQ), a special purpose acquisition company. Upon consummation of the acquisition, Derek Dunaway, CEO of Cyalume will become Chief Executive Officer of Vector Intersect. Yaron Eitan, currently CEO of Vector Intersect will become Vice Chairman of the Board. It is expected that, upon consummation of the acquisition, Vector Intersect will change its name to Cyalume Technologies Holdings On August 21, 2008 Vector filed a proxy statement with the SEC in anticipation of a shareholders vote to approve the acquisition of Cyalume by Vector.

About Vector Intersect Security Acquisition Corp.

Vector Intersect Security Acquisition Corp. is a blank check company recently formed for the purpose of effecting a merger, capital stock exchange, asset acquisition or other similar business combination with an unidentified operating business in the security and defense industries. Vector and its directors and executive officers and Rodman & Renshaw LLC ("Rodman") the managing underwriter of Vector's initial public offering ("IPO"), may be deemed to be participants in the solicitation of proxies for the special meeting of Vector's stockholders to be held to approve this transaction. Vector's officers and some of its directors are also stockholders of Vector and have waived their rights to any liquidation distribution Vector makes with respect to shares they acquired before the IPO. Therefore, their securities will be worthless if Vector does not acquire a target business within two years of the IPO date, as required by its Certificate of Incorporation. In addition, Rodman will receive approximately $2.4 million, the deferred portion of its underwriting discount from Vector's initial public offering, upon consummation of the acquisition of Cyalume. Interested persons can also read Vector's preliminary proxy statement and, when available, definitive proxy statement, as well as Vector's final IPO prospectus, dated April 25, 2007, as well as periodic reports Vector filed with the SEC, for more information about Vector, its officers and directors, and their individual and group security ownership in Vector, and interests in the successful consummation of the acquisition of Cyalume.

Vector's stockholders and other interested persons are advised to read Vector's preliminary proxy statement and, when available, definitive proxy statement, in connection with Vector's solicitation of proxies for the special meeting to approve the acquisition because these documents do and will contain important information. The definitive proxy statement will be mailed to stockholders as of a record date to be established for voting on the acquisition. Stockholders will also be able to obtain a copy of the definitive proxy statement, the final prospectus, other documents relating to the acquisition of Cyalume and periodic reports filed with the Securities and Exchange Commission, without charge, by visiting the Securities and Exchange Commission's Internet site at (www.sec.gov). Once available, Vector will also provide copies of its definitive proxy materials to its stockholders upon request of such stockholders to Vector.

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