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Company News Highlights 2004 p8 of 22:
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Cognex Machine Vision selected by Canadian steel producer
AUGUST 3--Cognex Corporation (Natick, MA; www.cognex.com) announced that Canada's largest steel producer, Stelco Inc., has chosen its SmartView metals-surface-inspection system for its steel mill located in Ontario, Canada.
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Robotic Vision Systems completes private placement
JULY 28--Robotic Vision Systems Inc. (RVSI; Nashua, NH; www.rvsi.com) has completed a private placement of 931,703 shares of common stock with a group of institutional investors.
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National Instruments reports record Q2 revenue up 27%
JULY 28--National Instruments (Austin, TX; www.ni.com) reported second-quarter revenue of $127 million, an increase of 27% compared to the second quarter of 2003.
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Pullman Industries gets first ABB TrueView Robotic Systems
JULY 27--Braintech Inc. (North Vancouver, BC, Canada; www.braintech.com) announced the first installation of its new Inferential Depth Measurement technology, embedded in TrueView robotic systems from ABB.
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Comnetix and Neven Vision form strategic relationship
JULY 22--Comnetix Inc. (Toronto, Canada; www.comnetix.com) announced the formation of a strategic relationship with privately held, Los Angeles, CA-based Neven Vision, creator of machine-vision software-development kits.
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Cognex Corporation reports significant growth in both revenue and net income
JULY 20--Cognex Corporation (Natick, MA; www.cognex.com) has announced revenue for the second quarter, ended July 4, 2004, of $54,467,000, and net income of $10,878,000, or $0.23 per diluted share.
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Institute for Forensic Imaging teams with Imagine Products
JULY 16--The Institute for Forensic Imaging (Indianapolis, IN) and Imagine Products Inc. have signed an agreement to develop a turnkey video-enhancement system specifically for law-enforcement agencies.
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Geodetic Systems Inc. renews alliance with GDV Systems GmbH
JULY 15--GDV Systems GmbH has agreed to market, distribute, and support Geodetic Systems Inc. (GSI; Melbourne, FL; www.geodetic.com) new INCA3 Camera and V-STARS photogrammetry systems in the German and Austrian industrial marketplace.
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Nortech Systems acquires assets of Zachariah and Lundbergh Inc.
JULY 15--Nortech Systems (Minneapolis, MN) has acquired the assets of Zachariah and Lundbergh Inc. (Marco Island, FL), a manufacturer of camera power supplies and cable assemblies used in machine-vision systems.
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New director of sales at Photonfocus AG
JULY 14--As of May 1, Bernhard M. Mandel joined the Photonfocus team in Switzerland ( www.photonfocus.com) as director of sales.
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