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Integral Vision, Inc. Announces
Third Quarter 2009 Financial Results

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Wixom, MI (November 16, 2009) - Integral Vision, Inc. (OTC Bulletin Board: INVI), a leading global supplier of automated display inspection technology, today announced financial results for the third quarter ending September 30, 2009.

Third Quarter 2009 Highlights

  • Integral Vision's largest customer continued to place orders for systems and engineering. One of these orders, the Module Test System, is for the inspection of the final encapsulated display, and is significant as it may represent large volumes of repeat system orders. We currently provide inspection in two locations in the production process of the display. This customer has planned expansion that includes filling to capacity one recently built plant and adding a second plant before the end of 2010.


  • The Company has experienced substantially improved revenues and gross margin in the third quarter and in the nine months of 2009 over 2008.


  • Third Quarter 2009 Financial Review

  • Net revenue for the third quarter was $234,000 compared to $11,000 in the third quarter of 2008.


  • Third quarter operating loss was $536,000 compared to an operating loss of $927,000 in the third quarter of 2008.
  • Charles J. Drake, chairman and CEO of Integral Vision, Inc. commented, "Our improvement in results is representative of product traction. More significant is the emergence of several new display technologies such as MEMS, e-Paper and OLED. We are well positioned for multiple repeat orders from a number of customers that should make our near term revenue growth much improved."

    Looking ahead, Drake added, "We have experienced a significant increase in activity, and the release of repeat orders from a variety of customers should be completed in this calendar year."

    TO ACCESS THE LIVE CONFERENCE CALL

    Integral Vision will host a live conference call at 4:30 p.m. (ET) on Monday, November 16, 2009. To access the conference call, please call 1-480-629-9761 or 1-877-941-4775 approximately 5 to 10 minutes prior to the scheduled start time.

    TO ACCESS A REPLAY OF THE CONFERENCE CALL

    If you are unable to listen to the live conference call, it will be archived for replay. Shortly after the call, a telephonic replay will be available through Wednesday, November 18, 2009 by dialing 1-303-590-3030 or 1-800-406-7325. The confirmation code 4174747 is required for the telephonic replay.

    COMPANY'S INVESTOR E-MAIL LIST

    To be added to Integral Visions investor email list, please contact Laura Guerrant-Oiye of Guerrant Associates at lguerrant@guerrantir.com

    ABOUT INTEGRAL VISION, INC.

    Integral Vision, Inc. (OTC Bulletin Board: INVI) offers display inspection technology that provides analysis of functional and cosmetic defects in the display to assure quality in the manufacturing process as well as verification of the final product. Integral Vision has been inspecting displays since 1992 and is an industry leader committed to providing automated solutions to the quality issues Microdisplay, OLED and LCD manufacturers face in today's competitive marketplace. More information can be found at Website: www.iv-usa.com.

    "SAFE HARBOR" Statement under the Private Securities Litigation Reform Act of 1995

    Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such factors and uncertainties include, but are not limited to: competitive conditions in the Company's markets and the effect of competitive products and pricing; technological development by the Company, its customers and its competition; the Company's available cash and access to debt and equity financing; and general economic conditions and conditions in the specific industries in which the company has significant customers. As a result, the Company's results may fluctuate. Additional information concerning risk factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in the Company's filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's best estimates as of the date of this press release. The Company assumes no obligation to update such estimates except as required by the rules and regulations of the Securities and Exchange Commission.

    FINANCIAL INFORMATION

    The summary financial information contained in this press release, including the following information in tabular form, should be read in conjunction with the more detailed information contained in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2009 and the Company's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 16, 2009.

    LINK TO TABLES

    TABLES Q309 (PDF)

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    Integral Vision Inc.
    49113 Wixom Tech Drive
    Wixom, MI 48393 USA
    Tel: +1 248.668.9230
    Fax: +1 248.668.9384

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