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Xenonics Purchases 533,529 Shares
of Its Common Stock from a Director

Also announced resignation of Robert Buie, long-time Board Member and Director

Xenonics Holdings, Inc. Press Release

FlashlightNews.org - 12/15/2010


Click photo to enlarge

XENONICS HOLDINGS, INC.

XENONICS HOLDINGS, INC.

CARLSBAD, Ca. - XENONICS HOLDINGS, INC. (OTCBB: XNNH) announced that Robert Buie, a Director of the Company since 2003, has resigned from the Board for personal reasons effective on December 6, 2010. In connection with the resignation, Xenonics also announced that it has purchased and will retire all 533,529 of its common shares owned by Mr. Buie for a total price of $106,706, or $0.20 per share.

"We thank Bob Buie for his years of dedicated service to Xenonics. We will miss his wise advice and counsel, and wish him continued success in the future," said Chairman Alan Magerman.

About Xenonics

Xenonics Holdings, Inc. develops and produces advanced, lightweight and compact ultra-high-intensity illumination and low-light vision products for military, law enforcement, public safety, and commercial and private sector applications. Xenonics' NightHunter line of illumination products is used by every branch of the U.S. Armed Forces as well as law enforcement and security agencies. Its SuperVision high-definition night vision is designed for commercial and military applications.

Employing patented technologies, Xenonics provides innovative solutions for customers who must see farther so they can do their jobs better and safer. Xenonics' products represent the next generation in small, high intensity, high efficiency illumination and low-light vision systems.

Visit Xenonics on the web at xenonics.com.













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