The orders included a signed contract for 50 iBar systems for one US based customer, which is scheduled for delivery in the early part of 2016.

Marketing and sales success

"Our marketing and sales effort at the recent ITMA trade show was a tremendous success. We closed several significant orders at the show and we had many important discussions about future business. We signed one contract with a very important US partner for an additional 50 iBar systems which is our largest single order to date,” commented Sam Cohen, CEO of EVS.

“These milestones highlight the escalation of our iBar land-and-expand strategy. Manufacturers are increasingly seeing our product as the unique solution for yield improvement that is a necessity in today's textile market. This order demonstrates to us that iBar is a product with unlimited potential."

EVS also announced that its CEO, Sam Cohen, will present at the LD Micro Conference taking place at the Luxe Sunset Boulevard Hotel in Los Angeles, CA, on 2 December 2015. At the conference there will also be an opportunity for investors to meet one-on-one with Mr Cohen.

Elbit Vision Systems

EVS offers a broad portfolio of automatic state-of-the-art visual inspection systems for both in-line and off-line applications, and process monitoring systems used to improve product quality, safety, and increase production efficiency.

EVS' systems are used by over 800 customers, many of which are leading global companies. Its innovative systems find their applications in the manufacturing of textiles for the automotive industry, technical fabrics, apparel, home furnishing and nonwoven materials, flooring, composite materials, coated fabrics, denim, glass fabrics for printed circuit boards, plastic films, metal, and more.

www.evs.co.il