updated 1/10/2011 4:47:58 PM ET 2011-01-10T21:47:58

WEST SPRINGFIELD, Mass., Jan. 10, 2011 (GLOBE NEWSWIRE) -- Cyalume Technologies Holdings, Inc. (OTCBB:CYLU) and Fiocchi Ammunition USA will launch the Fiocchi Chemical Tracer®, the world's first non-pyrotechnic shotgun tracer at the 2011 SHOT Show in Las Vegas, NV from January 18-21. The Chemical Tracer creates a daytime visible trace that travels with the cloud of shot allowing shooters to instantly determine where they are shooting and how to correct their aim.

The Shooting, Hunting, Outdoor Trade Show and Conference (SHOT Show) is the world's largest and most comprehensive trade show for professionals involved with the shooting and hunting industries. Held at the Sands Expo & Convention Center, the SHOT Show is the world's premier exposition of combined firearms, ammunition and related products with buyers from all 50 states and more than 100 countries. The Fiocchi Chemical Tracer will be on full display at SHOT Show booth 15942.

Cyalume and Fiocchi Ammunition USA, a world leader in the field of small-caliber ammunition entered into a strategic agreement in 2010 to develop and market the Chemical Tracer. This new non-toxic, non-flammable and non-incendiary product-line integrates Cyalume's chemiluminescent light technology into the Fiocchi shotshell to enhance training capabilities for target shooting enthusiasts and law enforcement officers while eliminating the fire hazards and environmental issues associated with conventional tracer applications.

"After a very successful focused pre-launch marketing campaign, Cyalume is excited to introduce the Chemical Tracer to the shooting industry at the 2011 SHOT Show," said Derek Dunaway, CEO of Cyalume Technologies.

"The interest that we received to date from dealers, distributors, retailers and NSCA members is indicative of the value that the Chemical Tracer represents to shooters," said Carlo Fiocchi, Vice-President of Marketing and Sales, Fiocchi Ammunition USA. "We look forward to sharing the innovative training tool with the shooting community at the SHOT Show."

About Fiocchi

Fiocchi Ammunition USA is a subsidiary of Fiocchi Munizioni SpA of Lecco, Italy. A privately held company since 1876, Giulio Fiocchi and his brother Giacomo Fiocchi began as Giulio Fiocchi Enterprise. Following WWII, Fiocchi Munizioni SpA was formed and headquartered in Lecco, Italy. Fiocchi Munizioni SpA, held by Giulio Fiocchi Holdings, produces premium center-fire and shotshell ammunition for law enforcement, hunting and target sports. Globally recognized as the premier ammunition manufacturer, Fiocchi Ammunition USA was established in Ozark, MO in 1983. Fiocchi Munizioni Spa is headed by Stefano Fiocchi, President and CEO and Fiocchi Ammunition USA is headed by Pietro Fiocchi, President. The Fiocchi brand is highly recognized by law enforcement as well as professional and sport enthusiast shooters.

The Fiocchi Ammunition USA logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8102

About Cyalume Technologies

Cyalume Technologies is the world leader in the chemiluminescent industry providing dependable light for uses by militaries, police, fire and other public safety organizations in the U.S., NATO countries and the Middle East. Cyalume's chemical lights are depended on in emergencies such as blackouts, industrial accidents, acts of terrorism and natural disasters. Cyalume is the first to manufacture non-toxic, nonflammable, non-energetic and environmental safe chemical light products. A full complement of Military grade Cyalume® brand, Industrial grade SnapLight® brand and Consumer grade SafetyBright® brand emergency lighting solutions are manufactured at its plant in West Springfield, MA.

The Cyalume Technologies Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8101

CONTACT: Cyalume Technologies Holdings, Inc.
         Cameron Associates
         Paul G. Henning
         Fiocchi Ammunition USA
         David Shaw

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