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PRESS RELEASE: Focus on Machine Vision further strengthened - Atlas Copco completes acquisition of Perceptron

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DGAP-News: ISRA VISION AG / Key word(s): Miscellaneous
Focus on Machine Vision further strengthened - Atlas Copco completes
acquisition of Perceptron

2020-12-21 / 15:45
The issuer is solely responsible for the content of this announcement.

*Focus on Machine Vision further strengthened - Atlas Copco completes
acquisition of Perceptron *

Darmstadt, December 21, 2020 - ISRA VISION, one of the world's top companies
for industrial image processing (Machine Vision) as well as a global leader
for the surface inspection of web materials and 3D machine vision
applications became part of Atlas Copco's Machine Vision Solutions division
through a strategic partnership announced in February 2020. Atlas Copco has
since then increased the focus on Machine Vision through the acquisition of
Perceptron, announced in September 2020.

Perceptron is a leading provider of automated metrology solutions
headquartered in Plymouth, Michigan, USA.

Through Atlas Copco's acquisition of Perceptron, together with ISRA VISION,
a well-positioned and leading supplier for 3D Machine Vision products and
robot-based industrial automation will be created.

_"The new Machine Vision Solutions division will offer customers all over
the world a comprehensive portfolio of ISRA VISION and Perceptron products
for the automation of key applications for various industries",_ said Enis
Ersü, CEO and founder of ISRA VISION. The product portfolios will complement
each other, and customers will receive increased support in their transition
towards smart manufacturing and flexible automation.

Following the closing, Perceptron will become a wholly owned subsidiary of
Atlas Copco and is a further step towards the expansion of the Machine
Vision Solutions division within the Industrial Technique business area.

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.

Further information is available at www.isravision.com.

Additional Information

Industriestraße 14
64297 Darmstadt
Tel.: +49 (0) 6151 948 - 0
Fax: +49 (0) 6151 948 - 140
Internet: www.isravision.com

Investor Relations

E-Mail: investor@isravision.com

Melanie Böttcher
Tel.: +49 (0) 6151 948 - 209

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

2020-12-21 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.
Archive at www.dgap.de
Language: English
Industriestr. 14
64297 Darmstadt
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
EQS News ID: 1156732

End of News DGAP News Service

1156732 2020-12-21

(END) Dow Jones Newswires

December 21, 2020 09:45 ET ( 14:45 GMT)

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