![]() |
![]() |
|
|
INTEGRAL VISION ANNOUNCES INCREASE IN THE SALE OF DEBENTURES |
||
|
|
Farmington Hills, MI (March 14, 2002) - Integral Vision, Inc. (OTCBB/INVI.OB) today announced an increase in the sale of debentures by the Company. Integral Vision has obtained an additional $500,000 since the first of the year, with $350,000 arriving last week. The $350,000 was provided by a Company officer. "We are beginning to see more orders and a considerable increase in quotation activity, particularly for OLED inspection. Given our relationship with companies such as Kodak and DuPont and in conjunction with their joint ventures and partners, we expect to generate additional sales as the year progresses. Furthermore, the company believes that with existing orders and the money recently invested, the company will be able to manage its cash until the anticipated orders are placed and completed." Integral Vision, Inc., an ISO 9001 registered firm, offers machine vision-based inspection systems to the industrial manufacturer. Integral Vision is a leading supplier of machine vision systems used to monitor or control the manufacturing process. Vision systems are used to supplement human inspection or provide quality assurance when production rates exceed human capability. More information can be found at Website: www.iv-usa.com. 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 and Section 21E of the Securities Act of 1934. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which 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 are 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. ### |
|
Integral Vision Inc. 38700 Grand River Avenue Farmington Hills, MI 48335 USA +1 248.471.2660 +1 248.615.2971 fax |