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Orders from ArcelorMittal and Japanese FPD glass manufacturer
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ISRA VISION AG (ISIN: DE 0005488100), one of the top five suppliers of industrial image processing globally. ISRA, the world market leader for surfaceinspection systems, has won strategic contracts in both the Metal and FPD Glass business units. In the USA, ArcelorMittal is purchasing two additional inspection solutions from ISRA. In Asia, ISRA has won a follow-up order for an FPD glass inspection system from a Japanese manufacturer.
The Metal business unit is the largest in the ISRA group. In this sector, the company is the uncontested world market leader. This most recent block order from the largest steel producer in the world, ArcelorMittal, serves to emphasize ISRA’s leading technological position. ArcelorMittal is expanding its inspection infrastructure with the systems, using them to optimize and precisely control the processes at the Burns Harbor factory.
The FPD Glass business unit is one of the strategic sectors for ISRA’s expansion. The market for flat panel display glass (FPD) is growing at around 20 to 25 percent annually, which makes it one of the most dynamically expanding branches worldwide. This most recent follow-up order from Japan is further proof of the superior technology and excellent service and support that ISRA offers. This order will also serve to significantly strengthen ISRA’s market position in Japan. “Following the collaboration with NAKAN that we announced in February, this most recent order provides further proof of our highperformance inspection solutions in this dynamically growing market," commented Enis Ersü, Chairman of the Board of ISRA VISION AG. “I am optimistic that we will be announcing additional orders in just a few months.”
Company profile:
ISRA VISION is a leading supplier of machine vision systems for surface inspection and robot guidance. Clients include Daimler, KUKA, ABB, BMW, Volkswagen, General Motors, Ford, Schott, Saint Gobain, Pilkington, MAN Roland, Asahi, 3M, DuPont, Stora Enso, Weyerhaeuser and Crane, among others.
Operating EBT in fiscal year 2006/2007 (ending Sept. 30) was € 6.3 million (2005/2006: € 10.0 million). Total output for 2006/2007 came to € 58.6 million (2005/2006: € 53.5 million). During the past ten years, ISRA was able to increase its total output by close to 31% per year on average, while EBT grew by an average 36% per year.
ISRA is active world-wide and employs some 300 staff at its locations in Darmstadt, Karlsruhe, Herten, Oerlinghausen, Aachen, Atlanta, Columbus, Lansing, London, Shanghai, Beijing and Taoyuan. ISRA uses digital image processing technology for the optical inspection of endless web materials (such as glass, film, nonwoven, paper) and for robot guidance tasks in the context of automated production and packaging. According to expert estimates, at present only some 25% of possible applications are being exploited. Currently the global market volume comes to some € 6.5 billion. Annual growth rates world-wide are currently estimated between 7% and 10%.
For further details, please contact:
ISRA VISION AG Tel.: +49 (0) 6151 948-0
Industriestraße 14 Fax: +49 (0) 6151 948-140
D-64297 Darmstadt E-Mail: info@isravision.com
Internet: www.isravision.com
Investor Relations: investor@isravision.com
Sandra Braun (sbraun@isravision.com)
Tel.: +49 (0) 6151 948-209
Dagmar Edler (dedler@isravision.com)
Tel.: +49 (0) 6151 948-120
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March 30th, 2008
Source: ISRA VISION AG |
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