APRIL 22--Coreco Imaging (Montreal, Quebec, Canada; www.corecoimaging.com), a developer of high-performance machine-vision components and services, has opened its first office outside of North America. Located in Tokyo's commercially up-and-coming Shinagawa District, the new office will enable Coreco to better serve the Asian marketplace and will help position the company as a worldwide provider of computer-vision products and support.
"The opening of this new office in Tokyo is one of several steps being taken to expand Coreco Imaging's global presence," said Keith Reuben, president and CEO of Coreco Imaging. "Asia and Europe are the focus of our expansion efforts this year. Asia is particularly important to our long-term business strategy, as this region is primed for growth in the semiconductor and electronics industries." According to the Semiconductor Industry Association, the semiconductor market is currently estimated at $165 billion and is expected to grow to $220 billion by 2006.
Imaging Coreco is a world leader in the design, development, and marketing of computer-vision products. The company has operations in Montreal QC; Billerica, MA; Cleveland, OH; San Juan Capistrano, CA; Vancouver, BC; and Tokyo, Japan, and is publicly traded on the Toronto Stock Exchange.