Applied Vision 2008 earnings in line with growth plan

Share this on social media:

Applied Vision Corporation, a provider of machine vision inspection systems for the container manufacturing industry, has announced 2008 earnings in line with the company's growth trajectory over the past five years. Applied Vision's latest earnings capped off a 226 per cent 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,' said Manijeh Novini, chief financial officer and co-founder of Applied Vision. The company has products launching in 2009, including Defect Classification Technology and Feature Suppression Technology, as well as Technology Upgrade Packages (TUPS).

Recent News

22 February 2021

Participants in the Embedded Camera API Exploratory Group will discuss requirements for new interoperability standards to accelerate market growth and reduce development costs

19 February 2021

On 4 March, panellists from Basler, MVTec, Sick, and Amazon Web Services will discuss developments in embedded vision during the Embedded World digital show. IMVE's Greg Blackman will moderate

12 February 2021

Cognex's revenue was $811m for the year, a 12 per cent year-on-year increase thanks to higher revenue from consumer electronics and e-commerce

10 February 2021

The firm's Lacera technology delivers greater than 90 per cent quantum efficiency and low noise architecture with up to 18-bit readout