Message #15 From:
Stock News Bot Date: October 10, 2006 06:23:00 AM
EVSNF News Elbit Vision Systems Ltd. Receives $400,000 Order from Leading Denim Manufacturer
YOQNEAM, Israel--(BUSINESS WIRE)--Elbit Vision Systems Ltd. (OTCBB:EVSNF) announced that it has received a
repeat order for multiple IQ-TEX Automatic Inspection Systems from a
leading Denim manufacturer in United States. These systems will be used
to meet the rising quality and cost demands of this industry sector.
Mr. Shmuel Cohen, President of EVS, US, Inc., said, “We
have reached another milestone in our global strategy to supply the best
on-line yield enhancement and quality assurance technology to growing
industrial market sectors. This order is further proof that our latest
generation of automatic optical inspection systems, the IQ-TEX, can help
our customers greatly reduce manufacturing costs while providing
superior quality products to the end user.”
About Elbit Vision Systems Ltd. (EVS): www.evs.co.il
EVS offers a broad portfolio of automatic in-line inspection and quality
monitoring systems used to improve product quality and increase
production efficiency. The Company’s
Industrial Division provides automatic optical inspection (AOI) and
non-destructive ultrasound inspection systems for heavy manufacturing
(automotive, aeronautics, steel and others). EVS maintains headquarters
and manufacturing in Israel, R&D operations in Israel, and offers global
sales and support coverage.
Safe Harbor:
This press release contains forward-looking statements. Such statements
are subject to certain risks and uncertainties, such as market
acceptance of new products and our ability to execute production on
orders, which could cause actual results to differ materially from those
in the statements included in this press release. Although EVS believes
that the expectations reflected in such forward-looking statements are
based on reasonable assumptions, it can give no assurance that its
expectations will be achieved. EVS disclaims any intention or obligation
to update or revise any forward-looking statements, which speak only as
of the date hereof, whether as a result of new information, future
events or otherwise. EVS undertakes no obligation to update
forward-looking statements to reflect subsequently occurring events or
circumstances.
This press release and other releases are available on www.evs.co.il.
