Xenonics Receives
Non-Compliance Letter From NYSE

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NightHunter Illumination System

CARLSBAD, Ca. - XENONICS HOLDINGS, INC. (AMEX: XNN) announced today that it has received notice from NYSE Alternext US (the "Exchange") that the Company is not in compliance with Section 1003(a)(ii) of the Company Guide, with shareholders' equity of less than $4,000,000 and losses from continuing operations and net losses in three out of its four most recent fiscal years. Xenonics reported shareholders' equity of $3,754,000 at September 30, 2008, $246,000 less than the required minimum.

In order to maintain its listing, the Company will submit a plan by February 23, 2009 addressing how it intends to regain compliance by July 23, 2010.

About Xenonics

Xenonics Holdings, Inc. (AMEX: XNN) develops and produces advanced, lightweight and compact ultra-high-intensity illumination and low-light vision products for military, law enforcement, public safety, and commercial and private sector applications. Xenonics' NightHunter line of illumination products is used by every branch of the U.S. Armed Forces as well as law enforcement and security agencies. Its SuperVision high-definition night vision is designed for commercial and military applications. Employing patented technologies, Xenonics provides innovative solutions for customers who must see farther so they can do their jobs better and safer. Xenonics' products represent the next generation in small, high intensity, high efficiency illumination and low-light vision systems.

Visit Xenonics on the web at xenonics.com.

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