QADIMA,
Israel,
September 25 /PRNewswire-FirstCall/ -- Elbit Vision
Systems (OTC: EVSNF) today announced that it has won a
$0.5 million order
from Rolls Royce, for ultrasonic inspection systems. The order is to be
delivered during the first quarter of 2009. EVS has supplied many ultrasonic
systems to many of the sub-contractors who manufacture and inspect parts for
Rolls Royce. This is the first time the Company has sold a system directly to
Rolls Royce.
Rolls Royce will be using EVS' ultrasonic inspection systems as critical
elements in ensuring the safety of its engines to be used in its aerospace
division.
"We are very pleased that a company which places such importance on
engineering excellence and quality, such as Rolls Royce, has chosen our
inspection system as a critical element in their safety and quality control,"
commented David Gal, CEO and Chairman of the Board. "We very much look
forward to building and expanding our relationship with Rolls Royce with an
eye to penetrating other areas of their business with our products."
About Elbit Vision Systems Ltd. (EVS): http://www.evs-sm.com
EVS offers a broad portfolio of automatic State-of-the-Art Visual and
Ultrasonic Inspection Systems for both in-line and off-line applications, and
quality monitoring systems used to improve product quality, safety, and
increase production efficiency.
EVS' systems are used by over 600 customers, many of which are leading
global companies. The headquarters, manufacturing and R&D of EVS are all
located in Israel.
A worldwide Sales and Service network supports markets as well as systems
already installed, in Asia, Europe, Africa, Australia and the Americas.
Safe Harbor:
This press release contains forward-looking statements. Such statements
are subject to certain risks and uncertainties, such as market acceptance of
new products and our ability to execute production on orders, which could
cause actual results to differ materially from those in the statements
included in this press release. Although EVS believes that the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will be achieved.
EVS disclaims any intention or obligation to update or revise any
forward-looking statements, which speak only as of the date hereof, whether
as a result of new information, future events or otherwise. EVS undertakes no
obligation to update forward-looking statements to reflect subsequently
occurring events or circumstances.
Investor Relations Contact
Ehud Helft / Kenny Green,
GK Investor Relations,
Tel: (US) +1-646-201-9246,
(Int'l) +972-3-607-4717,
info@gkir.com;
Company Contact
Yaron Menashe, CFO,
EVS,
Tel: (Int'l) +972-9-8661-601,
yaron@evs-sm.com