Message #23 From:
Stock News Bot Date: December 13, 2006 05:04:00 AM
EVSNF News Elbit Vision Systems Ltd. Receives Orders Totaling $1,850,000 for Its Aerospace and Automatic Optical Inspection Systems
YOKNEAM, Israel--(BUSINESS WIRE)--Elbit Vision Systems Ltd.(OTCBB: EVSNF) today announced
that it has received new and repeat orders for the inspection of
Aircraft bodies and jet engines discs totaling approximately $1,100,000
from leading manufacturers for its UT Aerospace inspection systems and
new and repeat orders totaling approximately $750,000 for its Automatic
Optical Inspection (AOI) systems.
Mr. David Gal, EVS’ Chairman said, “Since
the beginning of the fourth quarter we have received over $4.5 million
in new orders for our inspection systems. We expect this increase in
demand to be reflected in the upcoming quarters.”
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
