27 April 2017
IVISYS AB (‘IVISYS’) has received an order for an inspection system from a company which produces and sells food packaging. The system will verify correct labelling of a series of the company’s products. The complete system will be delivered during Q2 2017. The order has a value of approx. 40.000 Euro and is expected to contribute to IVISYS’ Q2 results.
The customer will be provided with a system for use in a quality assurance performing in-line detection at very high speed of different types of packaging. The system will meet the customer’s need to distinguish a high number of product variations and will operate at in-line speed.
CEO Jakob Kesje comments
‘It is pleasing that we get the chance to deliver this system to the packaging industry. The verification of the presence of the correct product is quite different from checking for arbitrary defects, which has been the type of project we have most frequently been involved in until now. The number of product options in combination with the speed of the production line will provide us with a good opportunity to really put our extremely fast image-processing software to work. In addition, this project will serve as an important reference in a market with thousands of potential customers worldwide.’
For further information:
Jakob Kesje, CEO IVISYS AB
Phone: +46 (0) 763 111 911
Sedermera Fondkommission is Certified Adviser to IVISYS.
This information is information that IVISYS AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on 27 April 2017.
IVISYS provides vision-based quality inspection solutions for industry, which can replace both manual and mechanical quality control. IVISYS’ unique patented solutions make it possible to perform complex quality control while keeping the existing production flow unaffected. Unlike existing solutions, IVISYS’ approach makes it possible to perform complex surface controls, control measurements on the micron level and control multiple components in one instant process. The solutions are based on IVISYS’ patented image data processing, which differs fundamentally from the conventional processes used within vision systems today. IVISYS is capable of utilising high-resolution cameras in the company’s image processing, while at the same time processing image information faster than the company’s competitors. The solutions offered, have an average payback period of approximately six months for customers currently relying on mechanical or manual control.