Elbit Vision Systems Ltd. (fka EVSNF)

[midastouch017]

Elbit Vision Systems Ltd. (OTC:EVSNF) (the “ Company ”), a pioneer in the science of camera-based automatic vision inspection for textile fabrics and technical webs, announced today, following the Company's announcement dated January 30, 2017 according to which the reverse share split of the Company's ordinary shares is scheduled to become effective as of the close of business on Friday, March 24, 2017 such that the Company's ordinary shares will commence trading on a split-adjusted basis when the market opens on Monday, March 27, 2017, that the new CUSIP number for the ordinary shares of the Company following said reverse share split will be M37576135.

a ratio of 1-for-10