EVS Deepens Penetration Into Asian Home Textiles Manufacturers

EVS Deepens Penetration Into Asian Home Textiles Manufacturers

 

 

Caesarea, Israel, June 4, 2015 — Elbit Vision Systems Ltd. (OTCBB: EVSNF.OB), a pioneer in
the science of camera-based automatic vision inspection for textile fabrics and technical webs,
announced today that it has received another large order from a major manufacturer in the Asian Home
Textile market. This $0.6 million sale to a world leading Indian-based conglomerate consists of IQTEX4 Automatic Inspection systems in conjunction with Shade Variation Analyzers. This order, along with the previously announced $1 million order from a Chinese manufacturer, pushes the Asian Home Textile market to 35% of the current $4.5 million backlog that EVS expects to deliver during 2015.

Sam Cohen, CEO of EVS, commented, “This order is another successful step in furthering our
strategy to penetrate the home textile manufacturers in Asia. It is also a very important order with a
leading Indian conglomerate which provides a strong reference for winning additional home textile
business in this huge market. These orders strengthen our confidence for solid performance in 2015.”