Elbit Vision Systems Ltd. Receives Over $1,000,000 in New Orders During June 2011

CAESAREA, Israel, July 11, 2011 /PRNewswire/ --

Elbit Vision Systems Ltd.  (OTCBB: EVSNF.OB), a global provider of vision technology for automatic surface inspection and in-line quality monitoring systems, today announced that its consolidated orders during the month of June 2011 exceeded $1,000,000. In addition, the company announce today a frame work agreement with a distributor in the Far-East to provide 350 thousands dollars worth of EVS's systems.

Sam Cohen, CEO of EVS commented,

"Given the aggressive marketing strategy, which EVS implemented last June coupled with the sales cycle of products in this field of at least 6 months, this growth in sales was fully expected.  Since the sale of ScanMaster in June 2010 and our reorganization, EVS has implemented a successful business plan focused on yield enhancement. These orders are the result of the belief, commitment and execution of this strategy."  

About Elbit Vision Systems Ltd. (EVS): http://www.evs.co.il

EVS offers a broad portfolio of automatic State-of-the-Art Visual Inspection Systems for both in-line and off-line applications, and process monitoring systems used to improve product quality, safety, and increase production efficiency.  EVS' systems are used by over 620 customers, many of which are leading global companies.

This press release and other releases are available on http://www.evs.co.il

SafeHarborStatement

This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties, such as market acceptance of new products and our ability to execute production on orders, which could cause actual results to differ materially from those in the statements included in this press release. Although EVS believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. EVS disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or otherwise.  EVS undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

Company Contact Information:
Yaron Menashe, CFO
Tel: +972-4-6107609  
[email protected]  

SOURCE Elbit Vision Systems Ltd