Press Release
IVISYS AB
556998-4981
05 November 2019

IVISYS AB ('IVISYS') has received an order for one Shape Inspector from Gnutti Carlo. The value of the order is approx. 120.000 Euro and will affect the earnings in Q4 of 2019 and Q2 of 2020.

CEO MIKAEL SJÖHOLM COMMENTS

'Gnutti Carlo is an international supplier to the automotive industry and a typical IVISYS client. This is the first Shape Inspector that we will deliver to their facility in Alvesta, but we hope that it will become standard equipment in all of their 11 factories worldwide. Again, the IVISYS Shape Inspector will be at use for high quality inspection with small tolerance levels and speedy inspection. Replacing manual control, this Shape Inspector will soon show its value on the factory floor, as it has already done for so many other companies. We are, of course, proud that Gnutti Carlo show us their trust in placing this order with IVISYS and look forward to a long-lasting business relation with Gnutti Carlo. This order will once more strengthen our position in the market', says IVISYS CEO Mikael Sjöholm.

CERTIFIED ADVISER

Svensk Kapitalmarknadsgranskning
AB Phone: +46 11 32 30 732
E-mail: ca@skmg.se

FOR MORE INFORMATION, PLEASE CONTACT:

Jakob Kesje, Chairman of the Board, IVISYS AB
Phone: +45 20 22 60 10
E-mail: jk@ivisys.com

This information is information that IVISYS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on November 5th, 2019.

ABOUT IVISYS

IVISYS is combining the knowledge of two engineering companies, one with a superior patented image processing software and the other with a unique superior command of Image acquisition. The unique product offering of IVISYS with the IVISYS Pro software suite, the use of artificial intelligence (AI) and outstanding quality in light and sensor knowledge is giving the Industry automated vision inspection solutions that are reliable, fast and flexible. With a portfolio of standard solutions that can be integrated in almost all industrial productions the market accessible to IVISYS is global, large in volume, and growing at the rate of the industry automation, currently strongly driven by the industry 4.0 approach. The solutions offered are available to most industrial manufacturers due to the short ROI, when comparing to existing manual control widely used in the industry today. IVISYS has been elected as 'TOP 10 Machine Vision solution provider in Europe 2019' by Technology Insights Manufacturing.

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IVISYS AB published this content on 05 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2019 11:54:04 UTC