SOURCE: Integral Vision

September 24, 2009 12:05 ET

Integral Vision, Inc. Announces Repeat SharpEye™ System Order From Its Largest Customer

WIXOM, MI--(Marketwire - September 24, 2009) - 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™ 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.

Contact Information

  • 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