Message #20 From:
Stock News Bot Date: November 15, 2006 06:14:00 AM
EVSNF News Elbit Vision Systems Ltd. Receives Orders Totaling $1,350,000 for Its UT Industrial Systems
YOKNEAM, Israel--(BUSINESS WIRE)--Elbit Vision Systems Ltd.(OTCBB:EVSNF) today announced
that it has received new and repeat orders totaling approximately
$1,350,000 from leading manufacturers for its UT industrial inspection
systems. The systems are for aluminum and steel plate scanning systems.
Mr. David Gal, EVS’ Chairman said: “During
the last year we have been focusing on increasing our penetration rate
with respect to the metal industrial inspection market. We believe that
this is a promising market representing significant growth potential for
us. Continuing success in this market will support our strategy of
aiming to become a leading provider of UT systems for the industrial
sector."
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
