EVS Receives Over $600 Thousand in Follow-On iBar Orders
CAESAREA, Israel, Dec. 13, 2016 (GLOBE NEWSWIRE) -- Elbit Vision Systems Ltd. (OTC:EVSNF), a pioneer in the science of camera-based automatic vision inspection for textile fabrics and technical webs, announced today that it has received follow-on orders for 35 iBar systems for an aggregate amount of over $600,000.
Sam Cohen, CEO of EVS, commented, “It is very encouraging to see key customers order additional iBar systems for their looms. As has been our vision from the inception of this product, as customers experience the real benefits that iBar brings, the results will necessitate the need for one on virtually every loom. As we continue to spread this technology with small initial sales, the path to substantial revenue growth is becoming even clearer, and these orders only confirm that vision.”