CyberOptics Corporation (Nasdaq: CYBE) today announced that it has hired Daniel Good as Vice President of Corporate Development.

Good, 49, previously served as Vice President, Worldwide Marketing and Product Management, for Storage Genetics, Inc. of Longmont, CO., a start-up company focused on innovative flash memory storage products. Prior to that, he held various management positions with Seagate Technology, including Vice President, Security Product Management, and Vice President, New Business Initiatives.

Kathleen P. Iverson, CyberOptics’ Chief Executive Officer and Chair, commented: “Dan Good, a seasoned executive with strong credentials in the high-tech arena, will significantly strengthen our senior management team. As Vice President of Corporate Development, Dan will work closely with our team at managing CyberOptics’ growth strategies. He also will be evaluating potential new markets and applications for our sensor and inspection system technologies that can be pursued organically as well as through strategic acquisitions. We believe the appointment of Dan marks another step forward in CyberOptics’ growth plans.”

About CyberOptics

Founded in 1984, CyberOptics Corporation is a leading provider of sensors and inspection systems that provide process yield and through-put improvement solutions for the global electronic assembly and semiconductor capital equipment markets. Our products are deployed on production lines that manufacture surface mount technology circuit boards and semiconductor process equipment. By increasing productivity and product quality, our sensors and inspection systems enable electronics manufacturers to strengthen their competitive positions in highly price-sensitive markets. Headquartered in Minneapolis, Minnesota, we conduct worldwide operations through facilities in North America, Asia and Europe.

Statements regarding the Company’s anticipated performance are forward-looking and therefore involve risks and uncertainties, including but not limited to: market conditions in the global SMT and semiconductor capital equipment industries; the impact of current economic conditions on the Company’s performance; the timing and magnitude of any potential recovery in financial performance resulting from the global economic downturn; the need for a valuation allowance with respect to our deferred tax assets; increasing price competition and price pressure on our product sales, particularly our SMT systems; the level of orders from our OEM customers; the availability of parts required for meeting customer orders; the effect of world events on our sales, the majority of which are from foreign customers; product introductions and pricing by our competitors; the timing of and our ultimate ability to return to profitability in 2010; the level of profitability we achieve in 2010, if any; success of anticipated new OEM and end user opportunities and other factors set forth in the Company’s filings with the Securities and Exchange Commission.