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Toyo Corporation and Integral VisionCo-Developing System for Lifetime Testing of Flat Panel Display Materials
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Farmington Hills, MI (May 8, 2003) - Integral Vision, Inc. (INVI) today announced is has been awarded a contract from Toyo Corporation, Tokyo, Japan to participate in the development in a system for Lifetime Testing of Flat Panel Display (FPD) materials. The project is designed to use the proprietary Toyo Corporation's Test System for driving multiple sample FPDs with DC or Pulsed mode in a controlled environment to determine the characterization of the material formulation under the preset operating conditions. The system will continuously make measurements on the sample displays to gain a long-term database on each device to be able to present data on the behavior of the display. Integral Vision will provide the system sensors, software and controls for the Lifetime Testing system. March 1, 2003, Integral Vision appointed Toyo Corporation as its exclusive distributor in Japan for its Flat Panel Display Inspection products, called SharpEye(TM) and ChromaSee, for current display technologies such as: LCD, LCoS, DMD, OLED, OEL, PLED and LEP. About Toyo Corporation Since its foundation in 1953, Toyo Corporation has been importing various kinds of electronics measurement equipment and systems from western nations, striving to serve as the interface between them and Japan. Both our sales and technical staff have solid backgrounds in engineering. This is a very unique style with respect to trading companies, and it allows Toyo to recognize customers' needs in a timely fashion and to offer them the latest technology with fully integrated technical services. Based on the accumulated technologies and our experiences, Toyo will continue to make further efforts to expand its activities as a developer of original electronics measurement systems. For detailed information of Toyo FPD Measurement Systems, please visit our website: www.toyo.co.jp/fpd About Integral Vision Integral Vision, Inc. (OTC Bulletin Board: INVI), 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 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 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. ####
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Integral Vision Inc. 38700 Grand River Avenue Farmington Hills, MI 48335 USA +1 248.471.2660 +1 248.615.2971 fax |