Advanced Vision Technology (AVT)

HOD-HASHARON, Israel—Advanced Vision Technology Ltd. (AVT), a leading provider of automatic optical inspection, quality assurance and closed loop color control systems for the printing industry, completed a successful 2007 with 40 percent increase in revenues to USD 39.9 million compared with USD 28.5 million in 2006. The sharp increase in revenues is partially attributed to the consolidation of GMI’s results in Q4 of 2007. GMI was acquired in October 2007 for USD 33.5 million and contributed USD 7.5 million to AVT’s Q4 revenues. AVT’s revenues for the year (excluding GMI) were up 13.7 percent over 2006 to USD 32.4 million. The increase in revenues

Boy, there’s a lot to inspection! In-line versus off-line, rewind versus press-mounted, the human eye versus video—these are only a few, but critical, considerations. There are various inspection systems on the market, some for use on the press, and some for use on the rewinder as the web is rewound. Each inspection system is designed to take certain actions when it detects a defect in the printed product. These defects can range from registration to incorrect characters. In addition, with brand protection emerging as a growing market niche, the ability to inspect microprinting and other security markings not visible to the naked eye is

HOD HASHARON, Israel—Advanced Vision Technology (AVT) has entered the commercial and newspaper printing markets through its acquisition of Graphic Microsystems, Inc. (GMI), a manufacturer of pressroom automation equipment. The deal—in which AVT paid $33 million cash to Dover Diversified, Inc., a subsidiary of Dover Corporation, for 100 percent of GMI stock and certain intellectual property assets—closed successfully on Oct.1, 2007. GMI, which holds a major share of the CLC market, sells to commercial, semi-commercial, newspaper and specialty printers in the heat-set and cold-set web printing markets, as well as printing press OEMs worldwide. GMI’s blue-chip customer base includes market leading companies serving the printing

HOD HASHARON, Israel—Advanced Vision Technology (AVT), a leader in automatic inspection solutions for printing applications, has entered the commercial and newspaper printing markets through its acquisition of Graphic Microsystems, Inc. (GMI), a leading manufacturer of pressroom automation equipment. The deal, in which AVT paid $33 million cash to Dover Diversified, Inc., a subsidiary of Dover Corporation, for 100 percent of GMI stock and certain intellectual property assets, closed successfully on Oct.1, 2007. GMI, which holds a major share of the CLC market, sells to commercial, semi-commercial, newspaper and specialty printers in the heat-set and cold-set web printing markets as well as printing press OEMs

HOD-HASHARON, Israel—Advanced Vision Technology (AVT)—a leading provider of automatic optical inspection and quality assurance systems for the printing and packaging industries—completed the second quarter of 2007 with revenues of $8.06 million, up 15.0 percent over the same period in 2006 ($7.01 million). Net income for the quarter was up 13.9 percent over Q2 2006, to $1.94 million (1.70 million for the same period in 2006). Net income for the first six months of 2007 rose 18.4 percent to $3.47 million ($2.93 million for the first six months of 2006). Order bookings continued to rise with total bookings for the first half of 2007 totalling

HOD HASHARON, Israel—Advanced Vision Technology (AVT), a leader in automatic inspection solutions for printing applications, has been nominated for the 2007 Label Industry Award for New Innovation. The fourth Label Industry Global Awards ceremony and Gala Dinner will take place on September 26, 2007, on the first evening of Labelexpo Europe, in Brussels, Belgium. This honorary prize, sponsored this year by Esko and HP, is awarded to an innovative and pioneering company that has been involved in the label industry for less than 10 years, and has been instrumental in successfully introducing key new science, products, or technology solutions. The selected company must also

HOD-HASHARON, Israel—Advanced Vision Technology (AVT), a supplier of automatic inspection solutions for printing applications, is expanding its business and technology cooperation with narrow-web printing equipment manufacturer, Mark Andy. As part of this agreement, AVT solutions have been installed at Mark Andy’s European Advanced Technology Center in Basel, Switzerland. The partnership between AVT and Mark Andy began in 2005, with the first integration of AVT’s PrintVision/Helios platform and Workflow Link solution on a Mark Andy press. This installation introduced the concept of complete workflow quality management for narrow web printers. The companies have since struck joint marketing and R&D initiatives, defining full workflow solutions for

HOD-HASHARON, Israel—Advanced Vision Technology (AVT), a supplier of automatic inspection solutions for printing applications, is expanding its business and technology cooperation with narrow-web printing equipment manufacturer, Mark Andy. As part of this agreement, AVT solutions have been installed at Mark Andy’s European Advanced Technology Center in Basel, Switzerland. The partnership between AVT and Mark Andy began in 2005, with the first integration of AVT’s PrintVision/Helios platform and Workflow Link solution on a Mark Andy press. This installation introduced the concept of complete workflow quality management for narrow web printers. The companies have since struck joint marketing and R&D initiatives, defining full workflow solutions for

HOD-HASHARON, Israel—Advanced Vision Technology (AVT), a supplier of automatic inspection solutions for printing applications, received multiple orders from China’s largest cigarette printer, Shenzhen Jinjia Color Printing Co, Ltd. (“Jinjia”). The orders include three PrintVision/Argus platforms for wide-web printing, six PrintVision/Helios platforms for narrow- to mid-web printing applications, and an order for the pioneering PrintVision/Orion platform for sheetfed and single-package applications. These orders, received following a successful implementation of the PrintVision/Argus platform at Jinjia, make AVT Jinjia’s vendor of choice for all automatic inspection applications. Jinjia is the largest cigarette packaging printer in China, where the quality requirements of cigarette packaging are the most challenging

HOD-HASHARON, Israel—Advanced Vision Technology (AVT), a leader in automatic inspection solutions for printing applications, received multiple orders from China’s largest cigarette printer, Shenzhen Jinjia Color Printing Co, Ltd. (“Jinjia”). The orders include three PrintVision/Argus platforms for wide web printing, six PrintVision/Helios platforms for narrow to mid web printing applications, and an order for the pioneering PrintVision/Orion platform for sheet-fed and single-package applications. These orders, received following a successful implementation of the PrintVision/Argus platform at Jinjia, make AVT Jinjia’s vendor of choice for all automatic inspection applications. Jinjia is the largest cigarette packaging printer in China, where the quality requirements of cigarette packaging are the