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Elbit Vision Systems Wins Orders From Two Leading US-Based Aerospace Manufacturers

Written by thomas · Filed Under Aeronautics News 

October 28, 2008

thomas

Combined Orders in Excess of $1 Million

QADIMA, Israel, October 28 /PRNewswire-FirstCall/ — Elbit Vision
Systems (OTCBB: EVSNF) today announced that it has a won two orders for
ultrasonic inspection systems, with total value in excess of $1 million.
The orders are to be delivered, and revenues recognized, during the first
quarter of 2009.

The orders are from two leading US-based Aerospace manufacturers, for
the supply of Ultrasonic inspection systems to check for structural flaws
in aircrafts and jet-engine parts prior to assembly.

David Gal, CEO and Chairman of the Board, “Again, we are proud to be a
key supplier of Ultrasonic inspection solutions to leading US-based
aerospace manufacturers, both well known for their focus on the safety and
quality of the engines they manufacture. Aircraft engine inspection is a
very much a mission-critical task, and we take this responsibility very
seriously. Our customers appreciate our attention to detail, and our
success in this field is very much evident by the fact that leading
manufacturers continue to use our equipment for the most important safety
checks – that of structural integrity.”

Mr. Gal continued, “This order is another testament to our competitive
advantages, as well as the dependability of our solutions. These customers
also represent strong references for us and we can leverage these order
wins to bring additional business in the aerospace sector.”

About Elbit Vision Systems Ltd. (EVS): http://www.evs-sm.com

EVS offers a broad portfolio of automatic State-of-the-Art Visual and
Ultrasonic Inspection Systems for both in-line and off-line applications,
and quality monitoring systems used to improve product quality, safety, and
increase production efficiency.

EVS’ systems are used by over 600 customers, many of which are leading
global companies. The headquarters, manufacturing and R&D of EVS are all
located in Israel.

A worldwide Sales and Service network supports markets as well as
systems already installed, in Asia, Europe, Africa, Australia and the
Americas.

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