Article: Elbit Vision Systems -EVS- Sells First Automatic Tire-Cord Inspection System to Hyosung Corporation, Korea.

Business Editors

YOQNEAM, Israel--(BUSINESS WIRE)--Jan. 9, 2002

Elbit Vision Systems (EVS) Ltd. (NASDAQ:EVSN) announced today that the first installation of their revolutionary I-TEX100TC - Automatic Tire-Cord Inspection System has been successfully completed.

Hyosung Corporation, the world's largest tire-cord supplier, has installed the system at its Ulsan plant in Korea.

"We have designed the I-TEX100TC to fulfill the unique inspection needs of the tire-cord dipping process, combining our extensive experience in automatic inspection of textiles, together with an in-depth comprehension of the tire-cord industry itself," said Idan ...

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