DGAP-News
Advanced Vision Technology Ltd. Reports Q1 2016 Financial Results - Seite 2
booking performance we had during Q1. However, we were unable to translate
enough of this booking into revenues during this quarter and we expect to
recognize revenues from this order booking during the remainder of 2016.
We look forward to upcoming Drupa exhibition, that will commence on May
31st, at which AVT will introduce a set of next-generation solutions and
technologies, including a new cloud-based quality standards and automation
platform; digital press inspection & control solutions; inline color
management solutions; and several new inspection platforms for web and
sheet-fed packaging applications."
About AVT
AVT (Advanced Vision Technology, Ltd) is a leading provider of print
process control, quality assurance and color control solutions for the
printing industry. AVT offers inspection and process control solutions for
Packaging, Labels, Folding Cartons and Metal Decorating applications.
Today, more than 4000 AVT automatic inspection systems for packaging and
labels are installed worldwide. As a premier supplier of color control
solutions for offset printing, AVT has over 800 of its closed loop color
control systems, and over 3,300 color management and reporting software and
remote digital ink fountain control systems installed around the world.
AVT's products are sold to leading printing press and finishing equipment
manufacturers as well as to packaging, labels commercial and specialty
printers, both in web and sheet printing, worldwide. AVT's headquarters are
located in Hod-Hasharon, Israel with sales, marketing, and support offices
in the United States, Europe and China.
Please visit the AVT website: www.avt-inc.com
Safe Harbor Statements
Certain statements in this press release are forward-looking statements.
Because such statements deal with future events, they are subject to
various risks and uncertainties and actual results could differ materially
from our current expectations. Factors that could cause or contribute to
such differences include, but are not limited to: the impact on revenues of
economic and political uncertainties and weaknesses in various regions of
the world, including the commencement or escalation of hostilities or acts
of terrorism; any unforeseen developmental or technological difficulties
with regard to our products; changes in the competitive landscape,
including new competitors or the impact of competitive pricing and
products; a shift in demand for products such as ours; unknown factors
affecting third parties with which we have formed business alliances;
timely availability and customer acceptance of our new and existing
products, and other factors and risks discussed in our Annual Report for
the year ended December 31, 2015. We assume no obligation to update
information concerning our expectations.
For further information, please contact:
Udi Bar Sela, CFO
Advanced Vision Technology Ltd (AVT) Ltd.
Phone: +972-9-7614444
Fax: +972-9-7614555
Email: udibs@avt-inc.com
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Language: English
Company: Advanced Vision Technology Ltd.
Hanagar 6
45241 Neve Ne'eman, Hod Hasharon
Israel
Phone: +972 9 761-4444
Fax: +972 9 761-4555
E-mail: IR@avt-inc.com
Internet: www.avt-inc.com
ISIN: IL0010837248
WKN: 931340
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News Service
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