Vision Graphic Integral Vision Logo

INTEGRAL VISION ANNOUNCES SECOND QUARTER SHIPMENTS

Home Link

Financials Link

Products Link

Employment Link

Search Our Site Link

Feedback Form Link

More Information Link

Wixom, MI (July 11, 2006) - Integral Vision, Inc. (OTCBB / INVI.OB) today announced that it had shipments of approximately $585,000 in its second quarter ending June 30, 2006. Revenues for the quarter are anticipated to be approximately $340,000 based on the accounting rules that apply to revenue recognition. The company expects that any revenue generated as a result of such shipments that is not recognized in the second quarter will be recognized in the third quarter.

"We shipped systems to two existing customers and two new customers in the second quarter. We have three customers who have indicated a need for multiple systems before the end of this year and a number of prospects that we believe may become new customers this year. In spite of reported slowdowns in the growth of display sales, we expect to see additional sales opportunities materialize since we provide a better and more efficient inspection solution than manual inspection. We believe we are receiving more recognition from display manufacturers and we expect this to result in improved sales and financial performance as we move forward," said Charles J. Drake, Chairman and Chief Executive Officer.

About Integral Vision Integral Vision, Inc.

Integral Vision, Inc. (OTC Bulletin Board: INVI), an ISO 9001 registered firm, 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.

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 and Section 21E of the Securities Act of 1934. 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 are 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.

####

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

Home | Top Of Page