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PRESS RELEASE: Major order from China strengthens market share in future-oriented growth fields

| Quelle: Dow Jones Newsw... | Lesedauer etwa 4 min. | Text vorlesen Stop Pause Fortsetzen

DGAP-News: ISRA VISION AG / Key word(s): Incoming Orders
Major order from China strengthens market share in future-oriented growth

2019-09-24 / 11:40
The issuer is solely responsible for the content of this announcement.

ISRA VISION: Strategically important order signed in the area of solar power

Major order from China strengthens market share in future-oriented growth

ISRA VISION AG (ISIN: DE 0005488100), the TecDAX and SDAX company for
industrial image processing (machine vision) and one of the world's leading
providers of surface inspection solutions and 3D machine vision
applications, reveived a strategically important high-volume order worth
around EUR 3 million. The customer is a leading Chinese manufacturer of
solar cells and these systems will enable it to comprehensively monitor the
individual process steps in production of cells of the latest generation.
Full quality assurance will ensure increased productivity and highly
efficient use of resources. This in turn will enable the customer to
immediately optimize his return on investment.

This success is another important impulse on the way to strengthening ISRA
VISION's market share in future-oriented growth fields. In total, the order
comprises several hundred inspection systems and is part of its strategy to
expand its established products for high-end surface inspection to include
innovative solutions. Furthermore, global trends such as electromobility and
alternative energies offer further important sales potential in the solar
industry. The new systems will enable the customer to sort solar cells fully
automatically and ensure complete process control. The inspection solutions
thus optimize production along the entire high-speed cell line. The use of
ISRA's products represents a milestone in the Chinese solar industry's
current technology offensive, whereby the order also serves as an excellent
reference for follow-up business in this industry.

ISRA is continuing its long-term strategy of expanding its product portfolio
of technologically leading inspection and 3D Machine Vision systems and
gaining additional market share worldwide. Besides strengthening its
international presence, the optimization of productivity and robust,
profitable growth remain its primary strategic goals in order to reach the
sales mark of over EUR 200 million in the medium term.

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. 900 people worldwide.

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

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

2019-09-24 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
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
EQS News ID: 878765

End of News DGAP News Service

878765 2019-09-24

(END) Dow Jones Newswires

September 24, 2019 05:40 ET ( 09:40 GMT)

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