Corporate Profile for Elbit Vision Systems Ltd., dated Dec. 8, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Dec. 8, 2000
Company Name: Elbit Vision Systems Ltd.
Address: P.O. Box 140, New Industrial Park, Bldg #7
Yoqneam, Israel 20692
Main Telephone
Number: 972-4-9936400
Internet Home
Page Address
(URL) www.evs.co.il
Chief Executive
Officer: Ofer Yuval
Chief Financial
Officer: Hanan Eiboshitz
Investor Relations
Contact: N/A
Business number: N/A
E-mail address: N/A
Public Relations
Contact: N/A
Business number: N/A
E-mail address: N/A
Industry: MACHINE VISION INDUSTRY
Trading Symbol/
Exchange: NASDAQ/EVSN
Market Makers: CIBC WORLD MARKET CORP., OSCAR GRUSS & SONS, INC.,
KNIGHT SECURITIES L.P., SCHWAB CAPITAL MARKET
Company description: Elbit Vision Systems Ltd. ("EVS EVS European Voluntary Service EVS Environmental Science EVS Electric Vehicle Symposium EVS Enhanced Vision System EVS environmental studies EVS European Values Study EVS Electronic Verification System EVS Extreme Voltage Shutdown ") designs, develops, manufactures, markets and supports automatic visual inspection and quality monitoring systems for the textile and other fabric industries. EVS' systems are designed to increase the accuracy, consistency and speed of the detection of defects in the manufacturing process of fabrics in order to reduce labor costs, improve product quality and increase manufacturing efficiency. EVS currently markets four product lines designed to address the quality monitoring needs of different sectors within the fabric manufacturing industry: I-TEX, for the visual inspection and quality monitoring of woven A woven is a cloth formed by weaving. It only stretches in the Bias directions (between the warp and weft directions), unless the threads are elastic. Woven cloth usually frays at the edges, unless measures are taken to counter this, such as the use of pinking shears or hemming. and knitted fabrics Knitted fabrics are the third major class of fabric, after woven and nonwoven fabrics. Elasticity, thickness and warmth Compared to the other two classes, knitted fabrics are much more elastic, which accounts for their historical use in stockings and other clothing that requires ; PRIN-TEX, for the detection of printing defects on fabrics; Broken Filaments Analyzer analyzer /ana·ly·zer/ (an´ah-li?zer) 1. a Nicol prism attached to a polarizing apparatus which extinguishes the ray of light polarized by the polarizer. 2. (BFA BFA abbr. Bachelor of Fine Arts BFA abbr BFA, B.F.A Bachelor of Fine Arts; first degree in Fine Arts. ), for the detection of filament filament, in astronomy: see chromosphere. defects in glass fabrics; and Shade Variation Analyzer (SVA SVA School of Visual Arts SVA Severe (Thunderstorm) Advisory SVA Statens Veterinärmedicinska Anstalt (National Veterinary Institute, Sweden) SVA Shareholder Value Added ), for the detection of shade inconsistencies in dyed dye n. 1. A substance used to color materials. Also called dyestuff. 2. A color imparted by dyeing. v. dyed, dye·ing, dyes v.tr. fabric. EVS also intends to adapt its core visual interpretation technologies for other applications, such as those in the non-woven fabric and printing industries, which have visual inspection and quality monitoring needs similar to those of the fabric industry. EVS has sold over 240 visual inspection systems to leading fabric manufacturers worldwide. EVS is actively working on making fabric inspection by I-TEX systems, and the corresponding labeling of the inspected fabric as "I-TEX Inspected", an industry standard for fabric quality monitoring. These efforts include working with leading clothing manufacturers. EVS commenced independent commercial operations on January January: see month. 1, 1994, as a subsidiary of Elbit Ltd. Prior to that date, the business of EVS was operated as a division of Elbit. EVS' executive offices are located at New Industrial Park, Building 7, Yoqneam, Israel and its telephone number is 972-4-993-6400. |
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