AVT Acquires GMI, Enters Commercial Printing and Newspaper Markets

Amir further noted that international sales comprise a significant part of GMI’s sales, and are expected to account for 40 percent of revenue in 2007, with near-term expansion expected for Eastern Europe and long-term sights set for China and the Far East, once implementation of closed loop color control reaches a critical mass in those markets. “We expect that demand for machine vision, color automation, and other of our merged product lines will grow concurrently,” he said.