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GSI Lumonics Schedule for 2005 Quarter Reports

    BILLERICA, Mass., Feb. 17 /PRNewswire-FirstCall/ -- GSI Lumonics (Nasdaq:
GLSI and TSX: GSI) today announced its schedule for 2005 quarterly financial
result announcements and conference calls:

    First Quarter 2005: Thursday, April 28, 2005
    Second Quarter 2005: Wednesday, July 27, 2005
    Third Quarter 2005: Wednesday, October 26, 2005
    Fourth Quarter 2005: TBA at a later date.

    For each date, the quarter financial results will be announced at 4 p.m.
EST and followed by a conference call at 6 p.m. EST.  Details for those calls
will be released within two weeks of the event.
    GSI Lumonics supplies precision motion control components, lasers and
laser-based advanced manufacturing systems to the global medical,
semiconductor, electronics, and industrial markets.  GSI Lumonics' common
shares are listed on Nasdaq (GSLI) and The Toronto Stock Exchange (GSI).  The
Company's web site address is http://www.gsilumonics.com.
    Certain statements in this news release may constitute forward-looking
statements within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 27A of the United States Securities Act
of 1933 and Section 21E of the United States Securities Exchange Act of 1934.
These forward-looking statements may relate to anticipated financial
performance, management's plans and objectives for future operations, business
prospects, outcome of regulatory proceedings, market conditions, tax issues
and other matters.  All statements contained in this news release that do not
relate to matters of historical fact should be considered forward-looking
statements, and are generally identified by words such as "anticipate,"
"believe," "estimate," "expect," "intend," "plan," "objective" and other
similar expressions.  Readers should not place undue reliance on the forward-
looking statements contained in this news release.  Such statements are based
on management's beliefs and assumptions and on information currently available
to management and are subject to risks, uncertainties and changes in
condition, significance, value and effect.  Other risks include the fact that
the Company's sales have been and are expected to continue to be dependent
upon customer capital equipment expenditures, which are, in turn, affected by
business cycles in the markets served by those customers.  Other factors
include volatility in the semiconductor industry, the risk of order delays and
cancellations, the risk of delays by customers in introducing their new
products and market acceptance of products incorporating subsystems supplied
by the Company, similar risks to the Company of delays in its new products,
our ability to continue to reduce costs and capital expenditures, our ability
to focus R&D investment and other risks detailed in reports and documents
filed by the Company with the United States Securities and Exchange Commission
and with securities regulatory authorities in Canada. Such risks,
uncertainties and changes in condition, significance, value and effect, many
of which are beyond the Company's control, could cause the Company's actual
results and other future events to differ materially from those anticipated.
The Company does not, however, assume any obligation to update these forward-
looking statements to reflect actual results, changes in assumptions or
changes in other factors affecting such forward-looking statements.

     Ann Dempsey
     Investor Relations
     613-224-4868 (ext. 2)


SOURCE GSI Lumonics




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Related links:
  • http://www.gsilumonics.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/107189.html
    CONTACT:
    Ann Dempsey, Investor Relations for GSI
    Lumonics, +1-613-224- 4868 ext. 2