CogniTens and InspectionAir Gauge Sign Distribution Agreement.

Business Editors/Automotive Writers

RAMAT HASHARON, Israel & WINDSOR, Ontario--(BUSINESS WIRE)--April 19, 2004

CogniTens Ltd., a manufacturer of 3D non-contact measurement solutions, and InspectionAir Gauge Limited of Canada (InspectionAir) announced that they have signed an agreement, under which InspectionAir will sell CogniTens' manual and automated 3D measurement systems to the automotive and aerospace markets in Canada. InspectionAir is one of the leading manufacturers of checking fixtures and gauges to Automotive manufacturers and Tier 1 suppliers in Canada, and its decision to promote CogniTens' non-contact measurement systems is a natural step to answering its customers' needs for intelligent high-end non-contact measurement systems in their product development and manufacturing operations.

Commenting on this latest distribution agreement, Rony Homossany, CogniTens' VP Sales, says: "It was mutual customers of CogniTens and InspectionAir that brought us working together. InspectionAir brings the technical knowledge of the checking fixture market, and the technical expertise to comprehend, and promote, the added value that CogniTens' systems can provide when compared to traditional part gauging methods."

Ray Sparnaay, General Manager of InspectionAir says: "The checking fixture industry is extremely competitive. For InspectionAir to keep its leadership position we must continuously improve our offerings, and CogniTens' measurement solutions have demonstrated the ability to provide much value for several of our mutual customers. CogniTens' systems have proven outstanding correlation to conventional gauging methods, while providing substantial additional value in terms of comprehensive data and time reduction during product development, ramp-up and launch support." Mr. Sparnaay adds that "CogniTens has become a valuable partner to our operations, and we are happy to be able to promote the company's measurement solutions."

CogniTens' Optigo and OptiCell systems are implemented in factory environments, allowing quick characterization of parts and assemblies, and acquisition of measurement data in formats, which can be readily used by engineering teams. This data can help to significantly shorten product development cycles, reduce vehicle program tooling costs, accelerate production ramp-up, and improve product quality, potentially saving millions of dollars per vehicle program.

CogniTens Ltd. is a supplier for non-contact 3D measurement solutions for industrial applications. The company's systems use a unique combination of accuracy and superior image acquisition capabilities that enable them to perform accurate measurements on the shop floor. CogniTens, established in 1995, has a subsidiary company in Wixom, Michigan responsible for all its North American operations, and a subsidiary in Tokyo. Amongst its customers are leading automotive and aerospace manufacturers such as BMW, Toyota, Boeing, Ford, General Motors, Mazda, Mitsubishi, Benteler, Suzuki, Yamaha and others.

InspectionAir Gauge Limited is Canada's leading checking fixture and gauge manufacturer providing measurement tools to OEMs and Tier 1 suppliers since 1963. InspectionAir focused on designing and manufacturing air gauge and attribute type gauges specifically for General Motors and Ford Motor Company. Over time the product offering expanded to include relation gauges for most transmission and engine components again utilizing air-gauging technology. In the past 15 years InspectionAir's product offerings have continued to remain concurrent with available technology. InspectionAir is the only manufacturer of dedicated inspection systems in Canada that provides such a diversified product offering, including manual and automated inspection systems for jet engine components, plastic/metal injection molded automotive components, sheet-metal stampings and precision-machined components.