Another major order in the FPD glass sector

ISRA VISION convinces customers with its unique technology in the expanding, strategicallyimportant FPD glass sector

Darmstadt, (PresseBox) - ISRA VISION AG (ISIN: DE 0005488100) one of the top five suppliers of industrial image processing (Machine Vision) and the world market leader for surface inspection systems has, acquired a strategically important order in the Flat-Panel-Display-Glass (FPD) sector. An Asian FPD glass producer has placed a follow-up order in the range of over two million Euros at ISRA.

Display glass is an important strategic field of expansion for the ISRA group. With this latest order our customer demonstrates great trust in the superior technology and the excellent ISRA service and support. That is because ISRA solves one of the most important problems for the inspection of FPD glass which is the recognition of small defects that are barely visible for the human eye. In order to recognize these defects reliably, ISRA has developed a unique technology that is superior to most others, and which will be used in this latest order of systems.

"After the important orders by the FPD glass sector this spring with a Japanese manufacturer, this follow-up order is a proof for our superior inspection technology in the growing FPD glass market.

Also, this order strengthens our revenue basis in the East-Asian market", explains Enis Ersü, Chairman of the Board of ISRA VISION AG.

ISRA VISION

ISRA VISION AG in combination with its subsidiaries is one of the top five suppliers of industrial image processing(Machine Vision) globally. Thereby the Machine Vision company concentrates on the business divisions Surface Vision, Robot Vision and Quality Vision. ISRA is the world leader in the surface inspection sector. Todays clients of the ISRA group include amongst others Daimler, KUKA, ABB, BMW, Volkswagen, General Motors, Ford, Schott, Saint Gobain, Pilkington, MAN Roland, Asahi, 3M, DuPont, Stora Enso, Weyerhaeuser, International Paper, Ahlstrom Crane ArcelorMittal, Nippon Steel, Thyssen Krupp, SeverStal and China Steel.

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.

The ISRA group is acting worldwide with approx. 400 employees at 16 locations in the three regions Europe, Americas and Asia.

ISRA uses digital image processing technology for the optical inspection of endless web materials (such as glass, film, nonwoven, paper and metal) 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 at 7%.

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