EVS Wins Order For IQ-TEX4 Systems For Denim Application

CAESAREA, Israel — March 24, 2016 — Elbit Vision Systems Ltd. (EVS), a provider of camera-based automatic vision inspection systems for textile fabrics and technical webs, announced that it received an order in excess of $400,000. The solution combines two complementary technologies developed by EVS, which solves the problem of inspecting Denim, a material which poses many difficulties for human inspection.

Sam Cohen, CEO, EVS, said: “Over the last five years, we have successfully created a versatile and flexible platform for our SVC program for exactly these reasons.  Denim, an enormous market for EVS, has always been a fabric that our technology just could not conquer, until now.  Our engineers have successfully combined multiple SVC modules to create an extraordinary product for this difficult fabric.  Today, we can proudly say that we have a real, consistent, reliable automatic inspection system for denim fabrics.”

EVS also announced that it would be releasing its financial results for the fourth quarter and full year of 2015 on Tuesday, March 29, 2016, after the US markets close. The Company will also host a conference call the next day, Wednesday, March 30, 2016, starting at 9:00 am ET.

Posted March 24, 2016

Source: EVS