Strategic acquisition "optical 3D measurement" expands portfolio and opens new revenue potentials

Darmstadt, (PresseBox) - ISRA VISION AG (ISIN: DE 0005488100), one of the world's leading companies of industrial image processing (Machine Vision), global market leader for surface inspection systems, and one of the leading 3D machine vision providers, has recently completed the previously announced acquisition and acquired the 3D Machine Vision specialist 3D Shape GmbH in Erlangen. The company, consisting of a team of highly competent experts in optical 3D measurement technology, and its range of performances expand ISRA's portfolio in a perfect way and opens extensive new revenue potentials. The transaction is another step in the growth strategy of ISRA. It allows the company to expand its technological base and opens up access to new markets that will be important for the future business development of ISRA. On its path to the medium-term goal of reaching revenues of at least 100 million euros, ISRA intends to significantly expand the market shares in this sector by merging its 3D expertise with the optical measurement technology of 3D Shape.

3D Shape specializes in optical 3D technology for shape measurement of objects and surfaces. The company was founded as a spin-off of the Friedrich-Alexander University of Erlangen-Nuremberg under the leadership of Professor Häusler. Prof. Häusler and his team of experts with Ph.Ds have been focusing since 2001 in particular on the 3D measurement methods of deflectometry and white-light interferometry. With the systems developed on this basis, the topology of the measurement objects can be computed into the nanometer range. The products are being applied in the area of industrial quality control and precision measurement. The reference of 3D Shape includes important customers, particularly from the segments Glass, Semiconductor and Electronics, Medical Technology, Orthopedics as well as Automotive Industry.

The products of 3D Shape strengthen the new 3D product line of ISRA in a perfect way. With its many years of expertise in the Machine Vision market and the close customer relationships in numerous industries, such as the automotive, print, glass, metal, paper, plastics and solar industry, new growth potentials are opening up for the 3D measurement technology from Erlangen, not least also on the basis of ISRA's worldwide sales structure. In addition, the newly added technical know-how represents a good foundation for the development of new products to grow in the existing segments and to advance into new markets. 3D shape plans for 2012 revenues of approximately 1.5 million euros and a profitability with a single digit margin. The purchase price of the debt free company corresponds roughly to its annual revenues. ISRA assumes that the integration of the team from Erlangen will be smooth and completed in a few months. For the next year, the companies anticipate a significant increase in revenues for the 3D Shape products in the upper double-digit range based on the planned sales activities.

With the acquisition of 3D Shape, ISRA once again underscores the importance of external growth as an essential element of its expansion strategy. For this reason, the management is continuously examining possible strategic goals. The conclusion of another acquisition project is being aimed at for the 2012/2013 financial year.

ISRA VISION

ISRA Vision AG, together with its subsidiaries, is the world market leader for surface inspection systems. Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision".

The core competence of the company is the ISRA-BrainWARE®, an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, futureoriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With approx. 25 locations worldwide, ISRA offers customer proximity everywhere and ensures optimum service and support.

In the past fourteen years, ISRA has shown profitable growth with an annual average increase in sales of 30 per cent. Profits have increased by approximately 35 per cent annually. Currently ISRA employs around 480 people worldwide.

Further information is available at www.isravision.com.

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