Integral Vision, Inc. Announces Repeat SharpEye(TM) System Order From Its Largest Customer
25 September 2009 - 2:04AM
Marketwired
Integral Vision, Inc. (OTCBB: INVI), a leading global supplier of
automated display inspection technology, today announced it has
received an additional order for the Company's SharpEye(TM)
inspection system from its largest customer. This system will be
configured to inspect the module or final packaged product. This
MEMS display will be manufactured in Taiwan. Delivery is expected
to be complete in the second half of 2009.
"We are very pleased to receive this order for the Module
Inspection System for this customer. We currently inspect this same
display at other locations in the production process.
Specifications have only been recently completed for this MEMS
based display," said Charles J. Drake, chairman and CEO of Integral
Vision, Inc. "The MEMS display manufacturing facility in Taiwan is
on track to reach volume production later this year. These displays
are being designed into hand-held devices by a number of
manufacturers that are attracted by the low power consumption of
these displays. We are confident that this customer can reach mass
production and continue to provide us with a significant growth
opportunity. This manufacturing facility was formally announced in
June of this year and has planned expansion that can last for
several years."
Drake continued, "We continue to see more emerging display
technologies beginning to reach the market. MEMS and e-Paper in
particular will give us a much improved year and present us with an
opportunity for revenue growth going forward."
About Integral Vision
Integral Vision, Inc. (OTCBB: INVI) offers display inspection
technology that provides analysis of functional and cosmetic
defects in the display to assure quality in the manufacturing
process as well as verification of the final product. Integral
Vision has been inspecting displays since 1992 and is an industry
leader committed to providing automated solutions to the quality
issues Microdisplay, OLED and LCD manufacturers face in today's
competitive marketplace. More information can be found at Website:
www.iv-usa.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995
Except for the historical information contained herein, the
matters discussed in this press release are forward-looking
statements made pursuant to the safe harbor provisions of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Act of 1934. Such statements are based on management's current
expectations and are subject to a number of factors and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. Such
factors and uncertainties include, but are not limited to:
competitive conditions in the Company's markets and the effect of
competitive products and pricing; technological development by the
Company, its customers and its competition; the Company's available
cash and access to debt and equity financing; and general economic
conditions and conditions in the specific industries in which the
company has significant customers. As a result, the Company's
results may fluctuate. Additional information concerning risk
factors that could cause actual results to differ materially from
those projected in the forward-looking statements is contained in
the Company's filings with the Securities and Exchange Commission.
These forward-looking statements represent the Company's best
estimates as of the date of this press release. The Company assumes
no obligation to update such estimates except as required by the
rules and regulations of the Securities and Exchange
Commission.
Contacts: Corporation: Integral Vision, Inc. Charles J. Drake
(248) 668-9230 Email Contact Investors and Media: Guerrant
Associates Laura Guerrant-Oiye (808) 882-1467 Email Contact
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