|Kadima, Israel, December 11th, 2007 Elbit Vision Systems Ltd.
(OTCBB: EVSNF.OB) today announced that it has signed a strategic
distribution and supply agreement with Unipart Rail Ltd., one of the largest
independent rail logistics companies in Europe. The agreement authorizes
Unipart to distribute the Company's ultrasonic solution - ScanMaster - to the
rail industry in the UK.
Mr. David Gal, EVS Chairman said: "This strategic alliance with Unipart
Rail is one of the most important milestones in our long term growth
strategy to increase penetration levels in the rail industry. We are
to have entered into this agreement with Unipart Rail which, given its size
and prestige, we believe will be instrumental in increasing our sales to the
UK railway industry."
Mr. John Clayton, Unipart Rail Managing Director said: "We are delighted
to form this alliance with EVS that will enable us to use the technological
edge of EVS and the market leadership of Unipart Rail to service the needs
of the UK rail industry as they develop".
About Unipart Rail and Unipart group: www.unipartrail.com
Unipart Rail is the UK's leading Logistics, Supply Chain Management and
Practitioner to the rail industry. Formerly known as Railpart and National
(NRS), Unipart Rail is part of the Unipart Group and operates at sites in
Crewe, York, Southport and Middlesbrough.
Unipart Rail also has offices in China and supplies materials & services
Dorman, the LED signalling innovators, and Dorman Varitext, manufacturers
Messaging and Passenger Information Systems are also part of Unipart Rail.
With nearly 800 employees across the world, Unipart Rail is a major
partner to the rail industry
and has extensive expertise in Infrastructure and Traction & Rolling Stock
systems and products.
Unipart Rail is part of Unipart Group, one of Europe's leading independent
that employs more than 9,000 worldwide and has an annual turnover of more
About Elbit Vision Systems Ltd. (EVS): www.evs-sm.com
EVS offers a broad portfolio of automatic in-line inspection and quality
systems used to improve product quality and increase production
Companys Industrial Division provides automatic optical inspection (AOI)
ultrasound inspection systems for heavy manufacturing (automotive,
aeronautics, steel and others). EVS maintains headquarters and
manufacturing in Israel,
R&D operations in Israel, and offers global sales and support coverage.
This press release contains forward-looking statements. Such statements
are subject to
certain risks and uncertainties, such as market acceptance of new products
and our ability
to execute production on orders, which could cause actual results to
from those in the statements included in this press release. Although EVS
the expectations reflected in such forward-looking statements are based on
assumptions, it can give no assurance that its expectations will be
disclaims any intention or obligation to update or revise any
which speak only as of the date hereof, whether as a result of new
events or otherwise. EVS undertakes no obligation to update
to reflect subsequently occurring events or circumstances.
This press release and other releases are available on www.evs-sm.com
Yaron Menashe, CFO
Phone: +972-9-8661-601 Email: email@example.com
ScanMaster Systems (IRT) Ltd.