Posted May 17, 2016

 

CAESAREA, Israel – Elbit Vision Systems Ltd., a pioneer in the science of camera-based automatic vision inspection for textile fabrics and technical webs, announced that it received an order of $0.5 million for its IQ-TEX4 systems from a major manufacturer of nonwoven fabrics.

 

These systems are expected to be delivered in the coming weeks.

 

EVS’ IQ-TEX4 systems will be integrated into the manufacturer’s high-speed lines, replacing existing competition systems.

 

“We are always proud to create new partnerships with new companies, but winning bids to replace competing systems to ours, carry a higher significance,” said Sam Cohen, CEO of EVS. “It proves that all of our efforts to create the leading vision inspection technology are bearing fruit. Our vision for the future of manufacturing is becoming a reality with steep upward trends in global labor costs forcing markets into an “adopt or die” situation regarding automation. These factors, coupled with our incredible cost-to-performance pricing model, have positioned EVS well for tremendous growth in the coming years. Moreover, we feel confident that the results of the second quarter will continue to be solid.”

 

Source: Elbit Vision Systems Ltd.