# Exhibit 99

CyberOptics Reports Better Than Forecasted Second Quarter Operating Results

And Strong Bookings and Backlog



Minneapolis, MNJuly 24, 2007CyberOptics Corporation (Nasdaq: CYBE) today reported operating results for the second quarter of 2007 ended June 30:




        Consolidated sales totaled $13,974,000, up modestly from $13,741,000 in this years first quarter and down from $14,551,000 in the second quarter of 2006. Second quarter sales exceeded the previously issued guidance for this period.





        Operating income came to $1,274,000, up from $1,174,000 in the first quarter and down from $2,469,000 in the year-earlier period.





        Net income totaled $1,198,000 or $0.13 per diluted share, up from $1,153,000 or $0.13 per diluted share in the first quarter and down from $1,907,000 or $0.21 per diluted share in the second quarter of 2006. Earnings for this years second quarter also exceeded the forecasted financial guidance for this period.





        CyberOptics ended the second quarter of 2007 with cash and marketable securities of $48,842,000, compared to $49,115,000 at the end of the first quarter and $49,007,000 at the beginning of 2007. The slight decrease in cash and marketable securities at the end of the second quarter was due to additional inventory for anticipated increases in third quarter sales. CyberOptics also used cash in the second quarter to repurchase approximately 13,000 shares of its common stock.




Kathleen P. Iverson, president and chief executive officer, commented: Our above-plan operating results for the second quarter were paced by stronger than anticipated sales of  LaserAlign® sensors for our long-time OEM partners. We believe this increased demand reflects the start of a general upturn in the global electronic assembly market, which has been sluggish throughout the past year. Also benefiting our second quarter sales was an order that we received for 37 SE 300 solder paste inspection systems, the largest such order in CyberOptics history. Approximately one-half of this order, which was placed by a major Asian original design manufacturer, or ODM, was shipped in the second quarter, with the balance expected to ship in the third quarter. Due to the number of systems in this order, which was placed by our largest ODM customer, this transaction was priced aggressively, which affected
our second quarter gross margin.



Iverson continued: Order bookings, including
electronic assembly sensors and inspection systems, totaled $17.0 million in the second quarter, and we ended this period with a
backlog totaling $8.6 million, our largest quarter-ending backlog since the fourth quarter of 2000. The majority of our backlog is
scheduled to ship in the third quarter. As a result, we are forecasting sales of $14.5 to $15.5 million and earnings of $0.12 to
$0.15 per diluted share for the third quarter of 2007 ending September 30. Our third quarter guidance incorporates higher R&D
investments related to the development of next-generation solder paste and automated optical inspection systems. We also will
incur the front-end costs associated with replacing our high-cost U.S. software development contractors with an Indian contractor,
a move that is expected to result in R&D savings in 2008.



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Steven K. Case, Ph.D., chairman and founder, added: A number of significant recent wins for our electronic assembly inspection solutions have further validated our belief that this will be a strong and consistent growth driver going forward. Reflecting this conviction, we have deemed it essential to keep our system offerings on the leading edge of inspection technology. This is why we will be significantly increasing R&D investments on next-generation solder paste and automated optical inspection, or AOI, systems during the second half of 2007. We see substantial opportunities for inspection solutions based on faster production through-put speeds, as well as improved imaging resolutions required for inspecting the progressively smaller and nearly microscopic components now used in a growing range of end-user electronics. By making these R&D investments today, we believe CyberOptics can remain at the forefront
 of the global inspection market well into the future.



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; 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; 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



Second Quarter Conference Call and Replay

CyberOptics will review its second 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 July 31 by dialing 303-590-3000 and providing the 11093968 confirmation code.



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CyberOptics Corporation



Condensed Consolidated Income Statements (Unaudited)

(In thousands, except per share amounts)



Three Months Ended June 30,
        
        Six Months Ended June 30,2007
        
        2006
        
        2007
        
        2006Revenue
        
        $
        13,974
        
        $
        14,551
        
        $
        27,715
        
        $
        29,269Cost of revenue
        
        
        6,880
        
        
        6,438
        
        
        13,489
        
        
        13,521Gross profit
        
        
        7,094
        
        
        8,113
        
        
        14,226
        
        
        15,748Selling, general and administrative expenses
        
        
        3,573
        
        
        3,565
        
        
        7,154
        
        
        7,118Research and development expenses
        
        
        2,201
        
        
        1,907
        
        
        4,533
        
        
        3,940Amortization of intangibles
        
        
        46
        
        
        172
        
        
        91
        
        
        379Income from operations
        
        
        1,274
        
        
        2,469
        
        
        2,448
        
        
        4,311Interest income and other
        
        
        559
        
        
        418
        
        
        1,118
        
        
        812Income before income taxes
        
        
        1,833
        
        
        2,887
        
        
        3,566
        
        
        5,123Provision for income taxes
        
        
        635
        
        
        980
        
        
        1,215
        
        
        1,760Net income
        
        $
        1,198
        
        $
        1,907
        
        $
        2,351
        
        $
        3,363Net income per share  Basic
        
        $
        0.13
        
        $
        0.21
        
        $
        0.26
        
        $
        0.38Net income per share  Diluted
        
        $
        0.13
        
        $
        0.21
        
        $
        0.26
        
        $
        0.37Weighted average shares outstanding  Basic
        
        
        8,901
        
        
        8,997
        
        
        8,890
        
        
        8,962Weighted average shares outstanding  Diluted
        
        
        8,988
        
        
        9,100
        
        
        8,980
        
        
        9,072




Condensed Consolidated Balance Sheets (Unaudited)



June 30, 2007
        
        Dec. 31, 2006AssetsCash and cash equivalents
        
        $
        17,118
        
        $
        30,056Marketable securities
        
        
        7,608
        
        
        12,175Accounts receivable, net
        
        
        11,278
        
        
        10,471Inventories
        
        
        10,514
        
        
        8,357Other current assets
        
        
        1,032
        
        
        868Deferred tax assets
        
        
        2,572
        
        
        2,725Total current assets
        
        
        50,122
        
        
        64,652Marketable securities
        
        
        24,116
        
        
        6,776Intangible and other assets, net
        
        
        6,358
        
        
        6,374Fixed assets, net
        
        
        2,012
        
        
        1,814Deferred tax assets
        
        
        2,316
        
        
        2,394Total assets
        
        $
        84,924
        
        $
        82,010Liabilities and Stockholders EquityAccounts payable
        
        $
        3,501
        
        $
        3,783Accrued expenses
        
        
        3,840
        
        
        5,207Total current liabilities
        
        
        7,341
        
        
        8,990Other liabilities
        
        
        1,368
        
        
        Total liabilities
        
        
        8,709
        
        
        8,990Total stockholders equity
        
        
        76,215
        
        
        73,020Total liabilities and stockholders equity
        
        $
        84,924
        
        $
        82,010Backlog Schedule:3rd Quarter 2007
        
        
        
        
        $
        7,6304th Quarter 2007 and thereafter
        
        
        
        
        
        957Total backlog
        
        
        
        
        $
        8,587