EXHIBIT 1
Page 12 of 19 Pages
Exhibit 1
AGREEMENT
The undersigned hereby agree that this statement on Schedule
13D with respect to the beneficial ownership of shares of Common Stock of AXSYS
Technologies, Inc. is filed jointly, on behalf of each of them.
Dated: April 30, 1997
By: /s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx
NETWORK FUND III, LTD.
By: XXXXXX MANAGEMENT COMPANY,
Investment Advisor
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President
Page 13 of 19 Pages