SOURCE: OptiCon Systems, Inc.

June 09, 2008 18:43 ET

OptiCon (OSYS) Announces Reverse Split

Company Continues on its push in Acquiring New Customers

GRAPEVINE, TX--(Marketwire - June 9, 2008) - OptiCon Systems, Inc. (OTCBB: OSYS), a Network Management Software and Professional Services Company that enables medium and large companies to accurately and cost-effectively manage the physical and logical layers of their fiber and wire networks, announced today that its Board of Directors has voted to effectuate a1-20 reverse stock split with effective date of June 10th 2008, per final approval by FINRA.

The Company's re-organization is to strengthen its capitalization and share price for supporting its global sales implementation and possible future acquisitions. The Company continues its push to acquiring new customers and has been receiving great feedback about its technology and its competitive advantage in the market place.

"OptiCon has always been about building shareholder value, and this bold move is designed to do precisely that. The restructuring process is to include a reverse split of outstanding shares, and the appointment of new senior corporate officers to positions where they will make maximum impact. Details will be announced shortly. We are confident that existing and potential shareholders will recognize the value in the exciting phase the Company is now entering, and continue its support," Mr. Curimbhoy, CEO of OptiCon Systems, Inc. stated.

About OptiCon Systems

OptiCon Systems, Inc. offers a network management solution for physical and logical layer management and fault detection, including on fiber optic systems, via software, professional services, and integrated systems. OptiCon's scalability permits the Company to target large telecom companies servicing millions of global customers to medium-sized companies managing a single facility LAN. OptiCon's state-of-the-art solutions were initially developed and deployed by Corning Cable and have been in use by companies seeking the best solution in managing their networks for the past 10 years. For more information, please visit www.opticonsystemsinc.com.

Forward-Looking Statements This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

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