QADIMA, Israel, November 10 /PRNewswire-FirstCall/ -- Elbit Vision
Systems (OTCBB: EVSNF) today announced that it has won an order to provide
a leading European rail operator with two axle inspection systems. The
order is valued at approximately $1 million.
EVS' axel inspection system is a critical element for checking the
safety of high-speed trains. EVS' field-proven systems can be used either
for in-service, production line or repair shop type inspections.
David Gal, CEO and Chairman of the Board, commented: "This is a
significant order for us. It is a strong validation and marks the success
of our strategy to penetrate the rail safety and inspection sector. We
believe the robust performance of our solution was a significant factor
contributing to our order win."
Mr. Gal continued, "The rail sector is a core focus for EVS and this
win is a culmination of our efforts to increase our penetration of this
sector. Rail inspection remains a strong growth engine for EVS and we
expect to see more such orders in the near future."
About Elbit Vision Systems Ltd. (EVS): http://www.evs-sm.com
EVS offers a broad portfolio of automatic State-of-the-Art Visual and
Ultrasonic Inspection Systems for both in-line and off-line applications,
and quality monitoring systems used to improve product quality, safety, and
increase production efficiency.
EVS' systems are used by over 600 customers, many of which are leading
global companies. The headquarters, manufacturing and R&D of EVS are all
located in Israel.
A worldwide Sales and Service network supports markets as well as
systems already installed, in Asia, Europe, Africa, Australia and the
ScanMaster Systems (IRT) Ltd.