Final Court Approval of Irvine Sensors Class Action Settlement Issued Today COSTA MESA, Calif., June 7 /PRNewswire-FirstCall/ -- Irvine Sensors Corporation (NASDAQ:IRSNNASDAQ:BostonNASDAQ:StockNASDAQ:Exchange:NASDAQ:ISC) announced that the Court today issued an Order and Final Judgment approving the settlement of class action lawsuits that had been filed in 2002 against it, certain of its current and former officers and an officer of one of its former partially owned subsidiaries, Silicon Film Technologies, Inc. ("SFT"), in connection with development, production and marketing activities by SFT. The settlement was reached without any admissions as to the merits of either plaintiffs' or defendants' positions. The amount of the settlement, $3.5 million, was within insurance coverage limits and has been paid entirely by Irvine Sensors' insurance carrier. Irvine Sensors Corporation, headquartered in Costa Mesa, California, is primarily engaged in the sale of stacked chip assemblies and research and development related to high density electronics, miniaturized sensors and cameras, optical interconnection technology, high speed routers, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications. DATASOURCE: Irvine Sensors Corporation CONTACT: Investor Relations of Irvine Sensors Corporation, +1-714-444-8718,

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