DGAP-News: ISRA VISION AG: ISRA on growth course through extended management
(firmenpresse) - DGAP-News: ISRA VISION AG / Key word(s): Change of Personnel
ISRA VISION AG: ISRA on growth course through extended management
21.02.2011 / 12:54
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ISRA VISION AG: Management strengthened by former Cognex professional Eric
Ceyrolle
ISRA on growth course through extended management
Darmstadt, 21 February 2011 - ISRA VISION AG (ISIN DE 0005488100), one of
the top 5 world's leading providers in the industrial image processing
sector (Machine Vision) and global market leader for surface inspection
systems, announces today that Eric Ceyrolle has joined the Executive Board
of the company. Eric Ceyrolle, the former Executive Vice President of
Worldwide Sales and Marketing at Cognex is one of the most successful
global machine vision businessmen. With his important and strategical
addition to the management, ISRA intends to realize further growth with an
extended product portfolio on the basis of the wide range of existing
technologies and acquisitions.
Eric Ceyrolle has a broad experience and know-how in the machine vision
market which he gained in his many years working very successfully as an
executive manager at Cognex, one of the global leaders in machine vision
from the USA.
'We are excited to welcome Eric Ceyrolle to our management team. We have
found in him a professional with a proven track record, enormous
international market experience also in Europe and Asia and an excellent
knowledge of the industry,' says Enis Ersü, founder and chairman of ISRA
VISION AG, commenting on the incumbent. 'He comes to strengthen our
management with a focus on new business. This is a further major step on
our path of success. Together with our French fellow, we will continue
systematically with our high-quality growth in new areas with portfolio
extensions, and this we intend to continue to develop successfully. Mr.
Ceyrolle will also lend his effective support in accompanying strategic
global acquisitions,' stresses Enis Ersüin conclusion.
With this step, ISRA is proactively driving forward its growth strategy.
The core of the strategy is to grow strongly and sustainably by
diversifying in technologies, regions and markets. Thereby ISRA focuses on
a mix of product portfolio extension with new innovations for existing
branches and entering into new business models for extended markets.
External growth through acquisitions is a further element of the strategy.
ISRA is planning a growth beyond 100 Million Euros in revenues in the next
years.
On February 28th, 2011 the company will report on the first quarter of
financial year 2010/2011 which will also include the new guidance for the
expected annual growth in 2010/2011.
Company profile:
ISRA Vision AG, together with its subsidiaries, is the world market leader
for surface inspection systems. Furthermore, it is one of the globally
leading providers of machine vision programs, specialising in the area of
3D machine vision, in particular for '3D robot vision'.
The core competence of the company is ISRA-BrainWARE(R), an innovative
software for intelligent machine vision systems. Here, the scientific
know-how from the fields of optics, lighting technology, surveying
technology, physics, image processing and classification algorithms and a
complex system design are combined. Machine vision is a key technology for
visualising systems that imitate the human eye. Today's ISRA applications
focus primarily on the automation of production and quality assurance of
goods and products supplied to large, future-oriented markets such as
energy, healthcare, food, mobility and information. The customers mainly
include renowned global players from the respective sectors. With over 20
locations worldwide, ISRA offers customer proximity and ensures optimum
service and support.
In the past twelve years, ISRA has shown profitable growth with an annual
average increase in sales of 30 per cent. Profits have increased by
approximately 35 per cent annually.
On 30.09.2010, ISRA employed around 440 people worldwide.
Further information is available at www.isravision.com.
Further information:
ISRA VISION AG Phone: +49 (0) 6151 948-0
Industriestraße 14 Fax: +49 (0) 6151 948-140
D-64297 Darmstadt E-Mail: info(at)isravision.com
Internet: www.isravision.com
Investor Relations: investor(at)isravision.com
Sandra Braun (sbraun(at)isravision.com)
Tel.: +49 (0) 6151 948-209
Susanne Becht (sbecht(at)isravision.com)
Tel.: +49 (0) 6151 948-212
End of Corporate News
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21.02.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: ISRA VISION AG
Industriestr. 14
64297 Darmstadt
Deutschland
Phone: +49 (0)6151 9 48-0
Fax: +49 (0)6151 9 48-140
E-mail: investor(at)isravision.com
Internet: www.isravision.com
ISIN: DE0005488100
WKN: 548810
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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112901 21.02.2011
Datum: 21.02.2011 - 12:54 Uhr
Sprache: Deutsch
News-ID 33255
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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