MINNEAPOLIS, MN -- CyberOptics Corporation today announced that earnings for the second quarter of 2000 ending June 30 are expected to exceed $.30 per diluted share (pre-split basis), compared to current analyst estimates of $.24 to $.26 per share. In the first quarter of 2000, net income rose 141% to $1,333,000 or $0.24 per diluted share, from $552,000 or $0.11 per diluted share in the same quarter of 1999. On May 19, 2000, the Company declared a three-for-two split in the form of a stock dividend, payable June 15, 2000, to shareholders of record June 1.

Second quarter revenues, which were initially anticipated to be relatively unchanged from the $13,509,000 reported in this year's first quarter, also are expected to show solid sequential quarterly growth. The Company expects to report operating results for the second quarter of 2000 during the third week of July.

The Company said its outlook for above-plan second quarter operating results is being driven by the across-the-board strength of its three product groups, with its SMT Sensor and Semiconductor Sensor units generating particularly strong growth. The Company also reported it has received an $8,000,000 order for SMT sensors for shipment in this year's third and fourth quarters. This larger than expected reorder is the largest single order in the Company's history.

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