ISRA VISION AG, DE0005488100

ISRA VISION AG, DE0005488100

23.05.2017 - 11:53:24

ISRA VISION AG: Significant large-scale order: 3D measurement technology for surface quality of touchscreens

ISRA VISION AG: 3D technology portfolio for Surface Inspection is a focus of touch screen manufacturers

Significant large-scale order: 3D measurement technology for surface quality of touchscreens ISRA VISION AG (ISIN: DE 0005488100), one of the world's top machine vision company for industrial image processing as well as globally leading in the surface inspection of web materials and 3D machine vision applications, has received a strategic large-scale order from an Asian customer for the delivery of 3D inspection systems for touchscreens with a total volume of well over 5 million euros.

With a patented multi-camera solution that precisely inspects surface structures as well as curvature and evenness, ISRA meets the high quality requirements for touchscreen displays and reflective surfaces. The technology is also specifically addressing the market for touchscreen devices and highlights ISRA's growing role in providing high-resolution measurement solutions in these market segments. Touchscreens, as reflective surfaces, represent a complex task for optical inspection. At the same time, they are always in the user's direct line of sight and must therefore fulfill very high aesthetic requirements, along with functional ones. The multi-camera system, based on deflectometry, enables reliable, complete quality inspection with accuracies in the nanometer range. In order to expand its market position further, the company plans to strengthen its presence in Asian producer markets and to implement the respective measures for this to be able to generate revenues in this current year.

With the currently high order backlog of over 90 million euros (PY: approx. 87 million euros), ISRA is anticipating for the 2016/2017 financial year further profitable organic revenue growth of approx. 10 percent with at least stable margins, provided that the economic conditions do not significantly change. The optimization of operational productivity, as well as cash flow and working capital improvements, are constantly in the strategic focus of Management. Based on this, ISRA is continuously preparing to reach the planned revenue dimension of over 150 million euros in the medium-term.

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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, Tradegate Exchange   End of News DGAP News Service

576447  23.05.2017 

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