SOURCE: Integral Vision

May 05, 2009 09:00 ET

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

WIXOM, MI--(Marketwire - May 5, 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. Our systems will be used by the customer in the inspection of MEMS displays at multiple stages of the production process. Delivery is expected to be complete by the end of the first half of 2009.

"We are experiencing significant traction with our SharpEye system, as our customers seek to advance their technical innovation," said Charles J. Drake, chairman and CEO of Integral Vision, Inc. "In the last six months we have announced four other orders for our inspection system. This follow-on order from our largest customer for the SharpEye inspection system demonstrates our customer's confidence in Integral Vision and we are pleased to have increased opportunities for our inspection capabilities in their Taiwan facility. This new factory for MEMS displays is currently operating at very low volume production compared to its anticipated future levels. We expect to have significant volume opportunities going forward."

Drake continued, "We expect to see good quarter to quarter growth throughout 2009, and are fortunate to have as a customer this large MEMS manufacturer, in addition to opportunities with e-Paper manufacturers. We expect that these emerging technologies will attract investment in 2009 because of the growth of these markets." Drake concluded, "We remain confident that our product traction and customer acceptance positions Integral Vision to have a good year in 2009."

About Integral Vision

Integral Vision, Inc. (OTCBB: INVI), an ISO 9001 registered firm, 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
    (808) 882-1467
    Email Contact