Exhibit 99.3

Mark W. Blodgett

Chief Executive Officer

Safe Harbor Disclaimer

The statements set forth in this presentation include forward-looking statements that involve risk and uncertainties. The Company wishes to caution that a number of factors could cause actual results to differ materially from those in the forward-looking statements. These and other factors which could cause actual results to differ materially from those in the forward-looking statements are discussed in the Company’s filings with the Securities and Exchange Commission.

2

Key Statistics

NASDAQ Ticker STKR

Stock Price $0.86

Market Capitalization $22 million

52 Week Price Range $0.82 - $2.73

Average Volume (3 months) 123,000 shares

Cash, 03/31/05 $1.2 million

Assets, 03/31/05 $31 million

Short Term Debt, 03/31/05 $1.9 million

Shares 24.5 million

Management ownership 13%

3

Investment Thesis

We have market and technology leadership in growing markets

Machine vision lasers

LED technology

Specialty optical fiber

4

Investment Thesis

We have established a solid customer base in diverse industries

Industrial (Perceptron, Seagate, KLA)

Defense (BAE, Honeywell, Northrop)

Medical (GE Medical, OpusMed)

Telecom (Mitsubishi, JDS Uniphase)

5

Investment Thesis

Our strategy is focused on revenue and profit generation by leading niche segments of the market

We are showing results

6

Company Overview

Founded in 1955

Leading provider of inspection products, diffractive optics, and specialty fiber

Markets include: worldwide machine vision, defense, medical and optical communications

Headquartered in Salem, N.H. with facilities in:

Montreal, Quebec

Cork, Ireland

Singapore

182 employees worldwide

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Investing for the Future

Invested $29 Million in research and product development $3.5 M in ‘04

Plant and equipment investment totals $26 Million

IP portfolio

New product momentum

8

Technology Competencies

We have core competencies in:

Optical/Mechanical Design

Electronics/Thermal Control

Characterization & Testing

Product Design & Packaging

9

Technology Competencies

We combine these core technologies to produce application specific products in the following product lines:

Lasers

LEDs

Illumination

Specialty optical fiber (SOF)

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Technology Competencies

Proprietary, world class LED technology, Chip-On-Board (COB)

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Sales Breakdown

Optical 6%

LEDs 10%

Illumination 35%

Lasers 49%

Asia 15%

Europe 30%

Americas 55%

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Machine Vision Industry

A machine vision system consists of:

Software

Sensor / Camera

Lighting (2D and 3D)

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Machine Vision Industry

Automated Imaging Association estimates:

North American market in 2003: $1.6 billion

Illumination market available to StockerYale: $120 million

Projected 2005 growth: 20%

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Machine Vision: Lasers

Structured light lasers used for 3D measurement

STKR lasers holds dominant market position (35%)

Performance and quality leader

Applications

Semiconductor Electronics

Lumber Optimization

Automotive

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Machine Vision: LEDs

Proprietary Chip-On-Board Technology

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Machine Vision: LEDs

Design Flexibility: Compact, Uniform and Intensely Bright

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Machine Vision: LEDs

Targeted Markets:

Automotive

Web Inspection

Medical

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Defense / Security

Emerging market for lasers, LEDs, and specialty optical fiber

New applications for military aircraft and civilian airplanes

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Defense / Security

StockerYale’s Infrared LED Illuminator

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Mitsubishi & StockerYale

Joint Distribution

Research & Development

Brand Building

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Medical

Life & health sciences will provide non-cyclical growth opportunities:

Dermatology

X Ray positioning

Gene sequencing

Pathogen detection

Optical coherence tomography

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Growing Global Customer Base

23

Quarterly Revenue Trends

5,000

4,500

4,000

3,500

3,000

2,500

2,000

1,500

1,000

500

0

4Q-03

1Q-04

2Q-04

3Q-04

4Q-04

1Q-05

2Q-05

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Positioned for Growth

Dominant market position in key growth markets; # 1 in:

Structured Light Lasers

Fluorescent Microscope Illuminators

Chip-on-Board LEDs for inspection

Phase Masks

25

Positioned for Growth

Strong global demand for automated inspection

Electronics & semiconductors remain great markets to serve

Autos, lumber, food, pharmaceutical, textiles growing

Positioned for growth—LEDs and Specialty Optical Fiber

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Business Objectives

Increase sales 25%+

Improve gross margins from 25% to 38%

Generate cash flow from operations

Continue to strengthen balance sheet

Product line acquisition

EBITDA positive in second-half of 2005

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Thank you!