ABOUT AMERICAN HOLOPTICS

American Holoptics LLC™, a privately-held U.S. company, has signed a definitive agreement with L3Harris™ to acquire EOTech®. The transaction is expected to close mid-2020 and is conditioned on customary closing conditions. American Holoptics is a subsidiary of Koucar Management, whose strategic acquisitions of Elite Defense® and HEL Technologies™ represent a solid foundation of cutting-edge optical science and weapons systems distribution. The American Holoptics leadership team has exceptionally broad and deep experience providing high-quality products to the global weapons accessory market. In addition, this team has a proven track record of building customer-first and technology-focused organizations. “We’re proud to sign this agreement to join our team and technology with the EOTech brand,” says Matt Van Haaren, CEO of American Holoptics. “EOTech brings together technologically advanced product lines and production capabilities that will integrate well with our existing business and strategically expand our product portfolio. Together we will deliver an all-new level of service, innovation, and integrity to military, law enforcement and civilian users around the world.”