Isomet Announces First Quarter 2005 Results SPRINGFIELD, Va., May 11 /PRNewswire-FirstCall/ -- Isomet Corporation (Pink Sheets: IOMT) announced today for the first quarter ended March 31, 2005 consolidated net revenue of $833,000, compared with $1,150,000 for the first quarter in 2004. Revenue for the first quarter of 2004 includes a non- recurring sale to a previous systems customer totaling $394,000. In the first quarter of 2005 sales were broadly based and there were no sales of a non- recurring nature. A net loss of $(194,000) or $(.10) per share was incurred in the current quarter compared to a net loss in the first quarter of 2004 of $(182,000) or $(.09) per share. The net loss for the quarter ended March 31, 2004 is net of a $30,000, or $.02 per share, reduction in a previously established loss provision against amounts due from a previous systems customer. Receipt of new orders for the quarters ended March 31, 2005 and 2004 was $1,216,000 and $927,000 respectively. The March 31, 2004 quarter total of new orders includes $394,000 of non-recurring orders from a previous systems customer. In the first quarter of 2005 order receipts were broadly based and there were no order receipts of a non-recurring nature. Unfilled orders totaled $915,000 and $458,000, respectively, as of March 31, 2005 and 2004. Isomet Corporation (IOMT) Quarter March 31 2005 2004 Revenue $ 833,000 $ 1,150,000 (1) Net (Loss) $(194,000) $ (182,000)(2) Net (Loss) Per Share $ (.10) $ (.09)(2) (1) Includes $394,000 in non-recurring sales to a previous systems customer. (2) Net of income of $30,000 $(.02 Per Share) due to a reduction in a previously established loss provision against amounts due from a previous systems customer. DATASOURCE: Isomet Corporation CONTACT: Jerry W. Rayburn of Isomet Corporation, +1-703-321-8301 Web site: http://www.isomet.com/

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