Product category:
Manufacturing orders, contracts, financial reports
News Release from: Absolute Vision
Edited by the Manufacturingtalk Editorial
Team on 17 June 2005
Traceability is profitability for
Absolute Vision
Planning new markets and staff investment for the coming year, Absolute Vision is celebrating after achieving sales in excess of GBP 1/4 million in its last quarter of trading.
Absolute Vision, the specialist developer of two-dimensional (2D) code reading and machine vision solutions, is celebrating after achieving sales in excess of GBP 1/4 million in its last quarter of trading for financial year 2004/2005, with ambitious targets set for the coming year Commenting on the success, Richard Laight, head of business development, said; "We are delighted with these figures that are a reflection of the investment we have made into the continuous development and upgrading of our products"
This article was originally published on Manufacturingtalk on 19 Nov 2002 at 8.00am (UK)
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"Traceability is becoming a requirement across an ever more diverse range of industries".
"We believe our proven success in the areas of laboratory automation and engineering will stand us in good stead in the year ahead when we will be looking at how DataMatrix codes can be beneficial to markets such as the automotive industry".
"In addition we are hoping to increase our presence in the US, where 2D is already an established protocol." In addition to its planned expansion into new markets, Absolute Vision plans to invest in its workforce.
A programme of training and personal development is being implemented and the company hopes to announce two new appointments before the autumn.
Absolute Vision has an extensive portfolio of clients, which has helped them achieve these impressive financial results.
These include The RTS Group, which creates automation systems and equipment for a wide range of industries including life sciences; Abgene, a leading manufacturer of Data Matrix coded vials and other laboratory equipment, and major aerospace manufacturers.
* About Absolute Vision - Absolute Vision is a specialist developer of two-dimensional (2D) code reading and machine vision solutions.
2D Data Matrix is a square or rectangular array of dotes or cells that stores information in two dimensions (2D).
It has now been adopted in many industries and is quickly becoming the standard marking technology due to its ability to hold more information in a smaller space and the robustness of its reading capability.
Products include innovative stand-alone and hand-held readers, embedded OEM solutions and software data integration.
Absolute Vision was acquired by global industrial marking equipment supplier Edward Pryor and Son, in October 2003.
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