DGAP-News: ISRA VISION AG: Attendance record at the Annual General Meeting - Former Voith AG Manager as new Supervisory Board Member - Dividend increased to 0.15 euros

ISRA VISION AG: Attendance record at the Annual General Meeting - Former Voith AG Manager as new Supervisory Board Member - Dividend increased to 0.15 euros
 
ISRA is looking ahead with focus on growth

ISRA VISION AG (ISIN: DE 0005488100) - the TecDax company for industrial image processing (machine vision) and one of the world's leading suppliers of surface inspection solutions for web materials and of 3D machine vision applications held its ordinary Annual General Meeting on Tuesday (March 19^th, 2019) in Darmstadt. For the financial year 2017/2018, the company once again had a profitable year with a growth of seven percent as well as a record profit; the company thus took a decisive step toward the medium-term revenue target of 200+, summarized CEO Enis Ersü in front of almost 400 shareholders present at the Darmstadtium congress center. "With the focus on innovations that will launch on the market during the year, we are clearly geared toward further growth."

The look to the future created a positive mood at the Annual General Meeting among the shareholders who, due to the innovative advancement of technologies for the industrial automation, emphasized ISRA's future sustainability: through the expansion of the product portfolio with INDUSTRIE 4.0 architecture, embedded systems, as well as software-based Production Analytics tools for detailed analyses of production and quality data, new potential arises for the Darmstadt-based technology group. In the future, the expanded business focus on Smart Factory Automation for the establishment of high-end automation technologies for the optimization of discrete manufacturing processes will also substantially contribute to the revenue. For the current financial year, the company is striving for a clear, double-digit growth - not least due to acquisitions, some of which are at an advanced stage.

The shareholders, who also benefit from the positive development of the company, resolved to distribute a dividend of EUR 0.15 per share by a large majority. Thus, the Annual General Meeting followed the suggestion of the Executive Board and Supervisory Board and approved the increase in dividends by 27 percent for the financial year 2017/2018. Furthermore, Dr. Hans-Peter Sollinger, former Executive Board Member of Voith AG, has been elected to the Supervisory Board. The Annual General Meeting additionally discharged the Members of the Executive Board and the Supervisory Board for the financial year 2017/2018.

The detailed voting results for the individual agenda items are published under www.isravision.com/de/investor-relations/.

Company profile

ISRA VISION AG, together with its subsidiaries, is worldwide leading in surface inspection of web materials. Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision".

The core competence of the Company is the ISRA-BrainWARE^(R), an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, future-oriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With more than 25 locations worldwide, ISRA offers customer proximity everywhere and ensures optimum service and support.

In the past seventeen years, ISRA has shown profitable growth with an annual average increase in sales of approx. 25 percent. Currently the Company employs approx. 800 people worldwide.

Further information are available at www.isravision.com.

Additional Information

ISRA VISION AG
Industriestraße 14
64297 Darmstadt
Germany

Tel.: +49 (0) 6151 948 - 0
Fax: +49 (0) 6151 948 - 140
Internet: www.isravision.com

Investor Relations
E-Mail: investor@isravision.com

Ute Schmitt-Klauer
Tel.: +49 (0) 6151 948 - 209

Susanne Becht
Tel.: +49 (0) 6151 948 - 212