27.04.2016 12:03:41
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DGAP-News: ISRA VISION AG
DGAP-News: ISRA VISION AG: Strategic large-scale order underscores ISRA's growth targets for the financial year and confirms strong market position
ISRA VISION AG (ISIN DE 0005488100), one of the world's top companies for industrial image processing (Machine Vision) as well as globally leading in surface inspection of web materials and in 3D machine vision applications, received a large-scale order for the quality assurance of glass products. The order encompasses a total volume of several million euros. The customer, a global player of the glass industry, uses the new inspection systems to automate and network the quality monitoring of his flat glass production. Through the interaction of the inspection technology with a higher-level software architecture, the acquired quality information of lines and plants will be available company-wide.
Inspection solutions from ISRA are considered to be the standard by many customers in the glass industry throughout the world. With a series of systems, the company offers a custom-made monitoring for different process steps, thereby allowing manufacturers a comprehensive quality assurance and to realize higher productivity. In the framework of the current large-scale order, ISRA also implements - similar to previous projects with customers from the steel industry - the innovative quality and yield management system EPROMI (Enterprise PROduction Management Intelligence) for the central management of production data. Quality information acquired during inspection is being analyzed by this higher-level software architecture and rendered usable for the optimization of production processes. As a result, users can profit today from an intelligently networked production. The new large-scale order confirms ISRA's strategy: With a combination of leading optical inspection technologies and the data analysis software EPROMI, the company offers its customers forward-looking solutions for production optimization and a sustainable added value.
Based on the good market position and the high order backlog of currently over 80 million euros (PY: 64 million euros), ISRA once again plans an additional profitable revenue growth in the low double-digit percentage range for the present 2015/2016 financial year. In terms of profits, plans provide for further optimization of the margins, while at least maintaining the current high level. With its focus on a strong core business, product innovations as well as targeted acquisitions, ISRA plans on reaching the revenue goal of 150 million euros in the medium term.
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27.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: ISRA VISION AG Industriestr. 14 64297 Darmstadt Germany Phone: +49 (0)6151 9 48-0 Fax: +49 (0)6151 9 48-140 E-mail: investor@isravision.com Internet: www.isravision.com ISIN: DE0005488100 WKN: 548810 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------
458209 27.04.2016
DGAP-News: ISRA VISION AG / Key word(s): Incoming Orders
ISRA VISION AG: Strategic large-scale order underscores ISRA's growth
targets for the financial year and confirms strong market position
27.04.2016 / 12:03
The issuer is solely responsible for the content of this announcement.
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ISRA VISION AG: Global player banks on ISRA's networked quality assurance
Strategic large-scale order underscores ISRA's growth targets for the
financial year and confirms strong market position
ISRA VISION AG (ISIN DE 0005488100), one of the world's top companies for industrial image processing (Machine Vision) as well as globally leading in surface inspection of web materials and in 3D machine vision applications, received a large-scale order for the quality assurance of glass products. The order encompasses a total volume of several million euros. The customer, a global player of the glass industry, uses the new inspection systems to automate and network the quality monitoring of his flat glass production. Through the interaction of the inspection technology with a higher-level software architecture, the acquired quality information of lines and plants will be available company-wide.
Inspection solutions from ISRA are considered to be the standard by many customers in the glass industry throughout the world. With a series of systems, the company offers a custom-made monitoring for different process steps, thereby allowing manufacturers a comprehensive quality assurance and to realize higher productivity. In the framework of the current large-scale order, ISRA also implements - similar to previous projects with customers from the steel industry - the innovative quality and yield management system EPROMI (Enterprise PROduction Management Intelligence) for the central management of production data. Quality information acquired during inspection is being analyzed by this higher-level software architecture and rendered usable for the optimization of production processes. As a result, users can profit today from an intelligently networked production. The new large-scale order confirms ISRA's strategy: With a combination of leading optical inspection technologies and the data analysis software EPROMI, the company offers its customers forward-looking solutions for production optimization and a sustainable added value.
Based on the good market position and the high order backlog of currently over 80 million euros (PY: 64 million euros), ISRA once again plans an additional profitable revenue growth in the low double-digit percentage range for the present 2015/2016 financial year. In terms of profits, plans provide for further optimization of the margins, while at least maintaining the current high level. With its focus on a strong core business, product innovations as well as targeted acquisitions, ISRA plans on reaching the revenue goal of 150 million euros in the medium term.
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27.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: ISRA VISION AG Industriestr. 14 64297 Darmstadt Germany Phone: +49 (0)6151 9 48-0 Fax: +49 (0)6151 9 48-140 E-mail: investor@isravision.com Internet: www.isravision.com ISIN: DE0005488100 WKN: 548810 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------
458209 27.04.2016
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