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Ronin Increased Holdings in AVT to 51% 19/10/2009 Hod Hasharon, Israel, October 18th 2009 - Advanced Vision Technology Ltd., (AVT, Prime Standard of the Frankfurt Stock Exchange, ISIN: IL0010837248), the world’s leading supplier of automatic print inspection and quality assurance systems for the printing industry, notifies that Ronin Investment Managing Company Ltd. has informed AVT that it increased its holdings to 2,704,567 ordinary shares, currently constituting 50.90% of AVT's voting rights.
"Ronin sees in AVT a long term investment with growth and value creation potential. Increasing our holdings in AVT represent the vote of confidence we have in the company, its management and employees. We have constantly increased our holdings in AVT since our first investment in the company in February 2008", says Nurit Nahum, Ronin Investment Managing Company CEO.
Advanced Vision Technology (AVT) is the worldwide leader in machine-vision based automatic inspection, and close loop color control for the printing industry. Today, more than 1,800 PrintVision systems and 850 ColorQuick systems are installed worldwide. www.avt-inc.com |
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