Matelan Research confirms buy recommendation for ISRA shares indicating an upside potential of 20 percent: Graphikon acquisition a perfect fit

Matelan analyst has reaffirmed their buy recommendation for the shares of ISRA VISION AG (ISIN DE 0005488100), one of the global top providers for industrial image processing (machine vision), worldmarket leader for surface inspection systems and one of the leading providers for 3D machine vision solutions. Following the recent acquisition of Graphikon, the price target has been increased to 16.70 euro. With a current upside potential of around 20 percent, the buy recommendation for ISRA shares has been reaffirmed.

The latest Matelan analysis is titled "Graphikon: A perfect fit". The Matelan analyst anticipates that the acquisition of Graphikon will help ISRA to benefit from the continued expansion of solar cell production in Asia. Up to now, Graphikon has mainly concentrated on customers in Germany. With the support of ISRA's worldwide service and sales organization, Matelan expects to see a push in future revenues. The perfectly complementary product portfolios and the great experience of the ISRA management in integrating acquisitions gives the analyst cause to see great synergy potential and a significant earnings contribution in just a few months.

The full analysis can be found on the ISRA website at: http://isravision.com/media/public/pdf2010/graphikon_a_perfect_fit.pdf