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    DGAP-News  476  0 Kommentare Advanced Vision Technology Ltd.: AVT Reports First Nine Months of 2015 Financial Results - Seite 2



    Net income in the first nine months of 2015 was USD 2.1 million or a profit
    of USD 0.34 per share (diluted) compared with net income of USD 3.6 million
    or a profit of USD 0.59 per share (diluted) in the nine months of 2014.

    Jaron Lotan, President and CEO of AVT: "While results of the first nine
    months of 2015 were not as good as we had initially expected, we see a good
    business atmosphere in most of the relevant geographies we are active in
    and we have actually shipped significantly more systems in the first 9
    months of this year than in last year. We are focusing our efforts on our
    strategic initiatives and the digital solutions, as well as our alliance
    with Erhardt and Leimer, and we remain optimistic about AVT's prospects.

    In September, AVT exhibited at Label Expo Brussels - the most important
    show for the label industry that attracted many packaging converters as
    well. At this show we launched the Helios S Turbo, our new flagship
    inspection and quality control system for the Label and Narrow-Web segment.

    Following previously announced agreements with Landa Digital Printing and
    Hidelberg, AVT was chosen by another major OEM to support their next
    generation inkjet presses and received a major order for its Jet-IQ
    solution. AVT also continued to enhance its digital presence with HP Indigo
    as it installed a second Apollo 30K system, the new solution for Folding
    Cartons, in the US, on an HP Indigo 30000 press and received an order for a
    third such system.

    Following our announced strategic alliance with Erhart & Leimer (E+L), we
    also introduced the new Helios EL upgrade, designed to enable E+L customers
    to get the latest AVT workflow and software features by upgrading their
    systems. We also co-launched the new SMARTSCAN with E+L, an entry level
    narrow web inspection solution for missing label and gross defect detection
    to complement our portfolio."

    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
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    DGAP-News Advanced Vision Technology Ltd.: AVT Reports First Nine Months of 2015 Financial Results - Seite 2 DGAP-News: Advanced Vision Technology Ltd. / Key word(s): 9-month figures Advanced Vision Technology Ltd.: AVT Reports First Nine Months of 2015 Financial Results 11.11.2015 / 09:00 …