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Company News Highlights 2002 p28 of 28:
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Tower Semiconductor receives $2 million investment for Fab 2
JANUARY 10--Tower Semiconductor Ltd. (Migdal Haemek, Israel; www.towersemi.com) has received a $2 million investment from a company with which it is expected to develop strategic relations, in exchange for the issuance of 332,945 ordinary shares.
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Raytheon Night Vision increases driver safety and security
JANUARY 10--Night Vision, developed by Raytheon Commercial Infrared (Dallas, TX; www.raytheoninfrared.com),
producer of infrared thermal-imaging cameras and technology for industrial, security, fire-fighting, law-enforcement, and automotive applications, will be available in the Volvo XC90 Sport Utility Vehicle.
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West Virginia DMV fights driver's-license fraud with next-generation facial-recognition system
JANUARY 9--Digimarc ID Systems, a wholly owned subsidiary of Digimarc Corporation (Tualatin, OR) and Visionics Corporation, a leader in identification technologies and systems, have announced that the West Virginia Department of Motor Vehicles (DMV) is enhancing its second-generation digital driver's license issuance program with a pilot project using FaceIt technology
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ICOS Vision Systems appoints Anton DeProft chief operating officer
JANUARY 9--ICOS Vision Systems Corporation N.V.(Heverlee, Belgium; www.ICOS.be) has appointed Anton DeProft chief operating officer, effective January 7, 2002.
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Patricia F. Russo resigns as president, COO of Kodak
JANUARY 8--Eastman Kodak Company (Rochester, NY; www.kodak.com) has announced that Patricia F. Russo has resigned as president and chief operating officer, effective immediately, to become the chief executive officer of Lucent Technologies Inc.
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OSI Systems Inc. to purchase detection systems assets of PerkinElmer Inc.
JANUARY 4--OSI Systems Inc. (Hawthorne, CA; www.osi-systems.com) has signed a Letter of Intent with L-3 Communications to purchase certain assets that will be acquired by L-3 from PerkinElmer Inc. as part of its purchase of PerkinElmer's detection-systems business.
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Volpi Manufacturing USA gets large order
JANUARY 4--A major United States-based industrial-automation-system manufacturer has placed an order for Volpi Manufacturing USA (Auburn, NY; www.volpiusa.com) fiberoptic light lines to be used with a linescan camera imaging system.
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Kodak names Candy Obourn COO of health imaging business
JANUARY 3--Eastman Kodak Company (Rochester, NY; www.kodak.com) has named Candy M. Obourn chief operating officer of the company's Health Imaging unit, effective immediately.
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Panasonic offers free software download
JANUARY 3--Panasonic Vision Systems Group/OEM is offering proprietary software programs free of charge to technicians and engineers that allows them to modify the company's industrial and medical cameras and VCRs.
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Visionics receives orders from seven US airports
JANUARY 2--Visionics Corp. (Minnetonka, MN, and Jersey City, NJ; www.visionics.com) has received orders for nine FingerPrinter CMS live scan systems from seven airports across the country.
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