Applied Vision's sales show 226% growth over five years

MARCH 11, 2009--Applied Vision has announced 2008 earnings that capped off a 226% increase in revenue from 2004 to 2008, marking the end of a profitable fiscal year with a strong cash reserve position entering 2009.

Mar 11th, 2009

MARCH 11, 2009-- Applied Vision (Akron, OH, USA; www.appliedvision.com), a provider of machine-vision inspection systems for the container manufacturing industry, has announced 2008 earnings that capped off a 226% increase in revenue from 2004 to 2008, marking the end of a profitable fiscal year with a strong cash reserve position entering 2009.

"Despite difficult economic times worldwide, Applied Vision remains committed to providing our global customer base with the very best technology and service in the container manufacturing industry. With a full pipeline of highly anticipated products launching in 2009, including Defect Classification Technology and Feature Suppression Technology, as well as cost-effective Technology Upgrade Packages (TUPS), we look forward to continuing our international growth and technological leadership" says Manijeh Novini, CFO and co-founder.

-- Posted by Vision Systems Design, www.vision-systems.com

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