ISRA on growth course through extended management
ISRA VISION AG: Management strengthened by former Cognex professional Eric Ceyrolle
Eric Ceyrolle has a broad experience and know-how in the machine vision market which he gained in his many years working very successfully as an executive manager at Cognex, one of the global leaders in machine vision from the USA.
"We are excited to welcome Eric Ceyrolle to our management team. We have found in him a professional with a proven track record, enormous international market experience also in Europe and Asia and an excellent knowledge of the industry," says Enis Ersü, founder and chairman of ISRA VISION AG, commenting on the incumbent. "He comes to strengthen our management with a focus on new business. This is a further major step on our path of success. Together with our French fellow, we will continue systematically with our high-quality growth in new areas with portfolio extensions, and this we intend to continue to develop successfully. Mr. Ceyrolle will also lend his effective support in accompanying strategic global acquisitions," stresses Enis Ersü in conclusion.
With this step, ISRA is proactively driving forward its growth strategy. The core of the strategy is to grow strongly and sustainably by diversifying in technologies, regions and markets. Thereby ISRA focuses on a mix of product portfolio extension with new innovations for existing branches and entering into new business models for extended markets. External growth through acquisitions is a further element of the strategy. ISRA is planning a growth beyond 100 Million Euros in revenues in the next years.
On February 28th, 2011 the company will report on the first quarter of financial year 2010/2011 which will also include the new guidance for the expected annual growth in 2010/2011.
ISRA Vision AG, together with its subsidiaries, is the world market leader for surface inspection systems.
Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision".
The core competence of the company is ISRA-BrainWARE®, an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, futureoriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With over 20 locations worldwide, ISRA offers customer proximity and ensures optimum service and support.
In the past twelve years, ISRA has shown profitable growth with an annual average increase in sales of 30 per cent. Profits have increased by approximately 35 per cent annually.
On 30.09.2010, ISRA employed around 440 people worldwide.
Further information is available at www.isravision.com.