DGAP-Adhoc

ISRA VISION AG: ISRA continues growth course - First six months financials with solid - Seite 3

million euros (Q2 YTD 11/12: 32 mill. euros). EBIT improved by 5 percent to
6.2 million euros (Q2 YTD 11/12: 5.9 mill. euros). This corresponds to a
margin to total output of 17 percent (Q2 YTD 11/12: 17%). A good
contribution to revenues was made by the segments Plastic, Paper, Specialty
Paper and Print. The investment delays in the metal industry -
predominantly in the Steel sector - led to order entries that were below
expectations. The thin glass sector developed positively, but could not
completely compensate the delayed order entries in the float glass
business. New revenue impulses are being expected for the second half of
the financial year from targeted worldwide measures in sales and marketing
as well as the introduction of additional product innovations.

Acquisitions of suitable companies continue to remain an important
component of the long-term company strategy. In the past three quarters,
ISRA finalized two projects. With the latest acquisition of GP Solar GmbH,
the company purposefully expands its business base for optical inspection
and measuring systems and positions itself as globally leading provider for
automation and quality control in the photovoltaic sector. ISRA continues
to be convinced that energy will be a lasting growth market in which
photovoltaics will play a decisive role also in the future. In this
context, the markets in Asia are of central importance, where GP will make
an important contribution with its strong client base and experienced Asian
sales team. In the course of the integration of GP, the measures for
optimizing costs have already been largely implemented in the first weeks
after the takeover. A negative impact on annual earnings of ISRA through
the transaction is not scheduled under the premise of realizing the
forecasted revenues. For the remaining integration activities of GP, ISRA
anticipates a time frame of approximately two quarters. In addition, the
company bundles its technology base with the know-how of GP as well as the
expertise of 3D-Shape, which was acquired in 2012, to use the market
opportunities in the semiconductor and display industry as well as to
profit from their potentials. In the future, the management will continue
to examine interesting acquisitions and, in case of a positive result,
intends to finalize projects that will strategically reinforce the company.

The business development for 2012/2013 will decisively depend on the
situation on the global markets. The varying economic development in the
different industries and regions is met by the company with targeted