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Integral Vision, Inc. Announces
Fourth Quarter and Year End 2006 Results

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Wixom, MI (March 19, 2007) - Integral Vision, Inc. (OTCBB / INVI.OB), a leading global supplier of automated display inspection technology, today announced financial results for its fourth quarter and fiscal year ending December 31, 2006. Revenue for the fourth quarter was $75,000 compared to $141,000 in the fourth quarter of 2005 resulting in a loss for the quarter of $754,000 compared to $708,000 for the fourth quarter of 2005. Total revenue for the year increased to $835,000 from $686,000 for fiscal 2005. The company lost $2.97 million, or $0.10 per share, in 2006 compared with a loss of $2.68 million, or $0.11 per share, in 2005.

"While results for the fourth quarter mark a departure from our previous three quarters of consecutive revenue growth, on a year-over-year basis revenue increased 21.7 percent," said Charles J. Drake, chairman and CEO of Integral Vision, Inc. "It bears noting that quarterly results can vary greatly largely due to customer order flow, and 2007 has already started strong based on booked orders to date." Drake continued, "2006 was a significant year for the Company because we reached a point with five (5) major customers where we believe their display products are close to launching production quantities. We believe we have proven our ability to inspect these displays in production, and that we should see increased system orders in 2007."

Commenting on the balance sheet, Drake noted, "While cash on the balance sheet as of December 31, 2006 was $57,000, the Company has received an additional $650,000 in working capital year-to-date, and we anticipate receiving more working capital from certain of our investors going forward." Drake concluded, "Our confidence in our technology remains strong and we anticipate a much improved year in 2007."

2006 BUSINESS HIGHLIGHTS

Integral Vision's 2006 highlights include several follow-on orders for the Company's SharpEye™ Inspection System from existing customers as well as orders from new customers. Integral Vision's SharpEye product provides analysis of functional and cosmetic defects in the display to assure quality in the manufacturing process.

SharpEye™ Inspection System

  • Received a repeat order from a major manufacturer of communication equipment for a SharpEye™ inspection system to be used for the production inspection of MEMS displays with color monitoring capability. The new technology is expected to fit into the substantial handheld market.


  • Received an order for a SharpEye inspection system from Liquavista, a Netherlands based company. The SharpEye inspection system is being used to inspect Liquavista's new display architecture based on Electrowetting cell technology.


  • Received an additional order for SharpEye inspection system from a MEMS display manufacturer that uses several SharpEye systems in the manufacture of displays.


  • Announced two additional orders for MEMS display inspection systems; one from a repeat customer and the other order from a new customer.


  • IVSee™ Inspection System

  • Announced the receipt of an order from a large Korean manufacturer of Liquid Crystal Display (LCD) panels for the Company's IVSee™ inspection system. The state-of-the-art IVSee vision inspection application system will be used to analyze certain characteristics of LCD flat-panel displays. The order was placed by the largest manufacturer of LCD TVs in the world. In addition to supplying the IVSee inspection system, Integral Vision has also been working with the company on 2 other applications for LCD panels and 2 applications specific to Organic Light Emitting Diode (OLED) devices.

  • TO ACCESS THE LIVE CONFERENCE CALL

    Integral Vision will host a live conference call at 9:00 a.m. (ET) on Tuesday, March 20, 2007. To access the conference call, please call 303-262-2211 or 800-240-2430 approximately 5 to 10 minutes prior to the scheduled start time.

    TO ACCESS A REPLAY OF THE CONFERENCE CALL

    If you are unable to listen to the live conference call, it will be archived for replay. Shortly after the call, a telephonic replay will be available through March 22, 2007, by dialing 303-590-3000 or 800-405-2236. The confirmation code 11086694 is required for the telephonic replay.

    COMPANY'S INVESTOR E-MAIL LIST

    To be added to Integral Visions investor email list, please contact Laura Guerrant of Guerrant Associates at lguerrant@guerrantir.com

    ABOUT INTEGRAL VISION, INC.

    Integral Vision, Inc. (OTC Bulletin Board: INVI), an ISO 9001 registered firm, ffers display inspection technology that provides analysis of functional and cosmetic defects in the display to assure quality in the manufacturing process as well as verification of the final product. Integral Vision has been inspecting displays since 1992 and is an industry leader committed to providing automated solutions to the quality issues Microdisplay, OLED and LCD manufacturers face in today's competitive marketplace. More information can be found at Website: www.iv-usa.com.

    "SAFE HARBOR" Statement under the Private Securities Litigation Reform Act of 1995

    Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such factors and uncertainties include, but are not limited to: competitive conditions in the Company's markets and the effect of competitive products and pricing; technological development by the Company, its customers and its competition; the Company's available cash and access to debt and equity financing; and general economic conditions and conditions in the specific industries in which the company has significant customers. As a result, the Company's results may fluctuate. Additional information concerning risk factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's best estimates as of the date of this press release. The Company assumes no obligation to update such estimates except as required by the rules and regulations of the Securities and Exchange Commission.

    FINANCIAL INFORMATION

    The summary financial information contained in this press release, including the following information in tabular form, should be read in conjunction with the more detailed information contained in the Company's Annual Report on Form 10-KSB filed with the Securities and Exchange Commission on March 19, 2007.

    LINK TO TABLES

    TABLES (PDF)

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    Integral Vision Inc.
    49113 Wixom Tech Drive
    Wixom, MI 48393 USA
    Tel: +1 248.668.9230
    Fax: +1 248.668.9384

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