Exhibit 99

# CyberOptics Reports Sequential and Year-Over-Year
Improvements in Fourth Quarter 2005 Sales, Earnings and Backlog

Minneapolis, MNFebruary 15, 2006CyberOptics Corporation
(Nasdaq: CYBE) today reported consolidated sales of $12,122,000 for the fourth quarter of 2005 ended December 31, an increase of
17% from $10,339,000 in the third quarter and also up from $11,228,000 in the year-earlier period. Fourth quarter net income came
to $5,202,000 or $0.58 per diluted share, which included non-cash income of $3,672,000 from the reversal of our valuation
allowance on deferred tax assets, up from reported earnings of $626,000 or $0.07 per diluted share in the third quarter and
$794,000 or $0.09 per diluted share in last years fourth quarter. Both revenue and earnings per share, excluding the impact
of fourth quarter tax adjustments, exceeded the previously issued guidance for this period.

CyberOptics outlook for continued profitability was a significant
factor in the decision to reverse the valuation allowance for deferred income taxes, which was established in 2002. As a result of
the valuation allowance reversal, we expect to record income tax expense at a full rate, approximating an effective rate of 36%,
starting in the first quarter of 2006.

For full-year 2005, consolidated sales totaled $42,179,000, compared to
$58,037,000 in 2004. Net income came to $7,150,000 or $0.79 per diluted share, which includes the non-cash income from the
reversal of the valuation allowance on deferred taxes, compared to reported earnings of $10,626,000 or $1.18 per diluted share in
2004.

Kathleen P. Iverson, president and chief executive officer, commented:
The sequential and year-over-year improvements in sales and earnings were driven by growing demand for both new and existing
products. CyberOptics electronic assembly sensor products benefited from increased sales to both of our primary OEM
customers, as well as our new incremental OEM customer, DEK. In addition, our inspection systems products continued to benefit
from strong sales of the new SE 300 Ultra solder paste inspection system, which, we believe, has further strengthened our
industry-leading position in this market.

Iverson continued: Reflecting the continued strengthening of our
targeted capital equipment markets, order bookings were robust during the fourth quarter, totaling $15,011,000, up 58% from
$9,503,000 in the third quarter. We ended the quarter with an order backlog of $6,901,000, up from $4,012,000 at the end of the
third quarter. As a result, we expect to start 2006 on a solid footing. For the first quarter of 2006 ending March 31, we are
forecasting earnings of $0.09 to $0.12 per diluted share on sales of $13.0 to $14.0 million. This guidance was reduced by
approximately $.02 per share of stock compensation expenses, due to our required adoption of SFAS No. 123(R), Share Based
Payment, and includes income tax expense at an approximate 36% rate. Our effective tax rate for the first quarter of
2005 was 24%. Our guidance also reflects the impact of higher operating expenses as we push forward with important R&D
programs, other growth-related initiatives, and higher incentive compensation expense due to our anticipated improved
performance.

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Steven K. Case, Ph.D., chairman and founder, added: The past year was
an important period for CyberOptics from the standpoint of new product introductions. In addition to the SE 300 Ultra, we
introduced: a fiducial/inspection camera for DEK Internationals industry-leading line of SMT solder paste screen printers;
the WaferSenseauto leveling sensor for the semiconductor market; and the EPV 5 sensor for retrofitting the robotic assembly
equipment of a major OEM with our embedded process verification technology. Last month, we also introduced our next-generation
automated optical inspection (AOI) system, the Flex Ultra, which features significantly higher image resolution, increased process
speed and greater reliability than the AOI system it is replacing. Work is currently under way on additional WaferSense products,
and we are continuing development of our EPV technology with the goal of pursuing OEM customers. We believe these new products
have positioned CyberOptics to capitalize upon strengthening conditions in our global capital equipment markets.

CyberOptics ended the fourth quarter of 2005 with cash and marketable
securities of $41,140,000, up from $39,529,000 at the end of the third quarter and $40,284,000 at the end of 2004. Substantially
all of this cash increase was generated from internal operations.

About CyberOptics
Founded in 1984, CyberOptics is a recognized leader in process yield and through-put improvement solutions for the global
electronic assembly and semiconductor capital equipment markets. Headquartered in Minneapolis, Minnesota, CyberOptics conducts
operations in North America, Asia and Europe.

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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 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; and other factors set forth in the Companys filings with the Securities and
Exchange Commission.

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#          #          #

For additional information, contact:
Jeffrey A. Bertelsen, Chief Financial Officer
763/542-5000

Richard G. Cinquina
Equity Market Partners
904/415-1415

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# Fourth Quarter Conference Call and Replay

CyberOptics will review its fourth quarter operating results in a conference
call at 4:30 pm Eastern today. Investors can access a live webcast of the conference call by visiting the investor relations
section of the CyberOptics website, www.cyberoptics.com. The webcast will be archived for 30 days. A replay of the
conference call can be heard through February 23, 2006 by dialing 303-590-3000 and providing the 11053047 confirmation code.

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CyberOptics Corporation

|Three Months Ended Dec. 31,                   |  | Twelve Months Ended Dec. 31,
|--------------------------------------------- |  | ----------------------------
|
|Revenue                                       |  |                             
|Cost of revenue                               |  |                             
|                                              |  |                             
|Gross margin                                  |  |                             
|Research and development expenses             |  |                             
|Selling, general and administrative expenses  |  |                             
|Restructuring and serverance costs            |  |                             
|Amortization of intangibles                   |  |                             
|                                              |  |                             
|Income from operations                        |  |                             
|Interest income and other                     |  |                             
|                                              |  |                             
|Income before income taxes                    |  |                             
|Provision (benefit) for income taxes          |  |                             
|                                              |  |                             
|Net income                                    |  |                             
|                                              |  |                             
|Net income per share  Basic                  |  |                             
|Net income per share  Diluted                |  |                             
|                                              |  |                             
|Weighted average shares outstanding  Basic   |  |                             
|Weighted average shares outstanding  Diluted |  |                             
|                                              |  |                             

|Condensed Consolidated Balance Sheets      | Dec. 31, 2005(Unaudited) |  | Dec. 31, 2004
|------------------------------------------ | ------------------------ |  | -------------
|
|Assets                                     |                          |  |              
|Cash and cash equivalents                  |                          |  | $            
|Marketable securities                      |                          |  |              
|Accounts receivable, net                   |                          |  |              
|Inventories                                |                          |  |              
|Other current assets                       |                          |  |              
|Deferred tax assets                        |                          |  |              
|                                           |                          |  |              
|Total current assets                       |                          |  |              
|                                          
|Marketable securities                      |                          |  |              
|Intangible and other assets, net           |                          |  |              
|Fixed assets, net                          |                          |  |              
|Deferred tax assets                        |                          |  |              
|                                           |                          |  |              
|Total assets                               |                          |  | $            
|                                           |                          |  |              
|                                          
|Liabilities and Stockholders Equity       |                          | 
|Accounts payable                           |                          |  | $            
|Accrued expenses                           |                          |  |              
|                                           |                          |  |              
|Total current liabilities                  |                          |  |              
|                                          
|                                           |                          |  |              
|Total stockholders equity                 |                          |  |              
|                                           |                          |  |              
|Total liabilities and stockholders equity |                          |  | $            
|                                           |                          |  |              
|                                          
|Backlog Schedule:                          |                          | 
|1st Quarter 2006                           |                          |  |              
|2nd Quarter 2006 and thereafter            |                          |  |              
|                                           |                          |  |              
|Total backlog                              |                          |  |              
|                                           |                          |  |              

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