Elbit Vision Systems Wins a $0.5 Million Order With Rolls Royce

QADIMA, Israel, September 25 /PRNewswire-FirstCall/ -- Elbit Vision Systems (OTC: EVSNF.PK) today announced that it has won a $0.5 million order from Rolls Royce, for ultrasonic inspection systems. The order is to be delivered during the first quarter of 2009. EVS has supplied many ultrasonic systems to many of the sub-contractors who manufacture and inspect parts for Rolls Royce. This is the first time the Company has sold a system directly to Rolls Royce.

Rolls Royce will be using EVS' ultrasonic inspection systems as critical elements in ensuring the safety of its engines to be used in its aerospace division.

"We are very pleased that a company which places such importance on engineering excellence and quality, such as Rolls Royce, has chosen our inspection system as a critical element in their safety and quality control," commented David Gal, CEO and Chairman of the Board. "We very much look forward to building and expanding our relationship with Rolls Royce with an eye to penetrating other areas of their business with our products."

About Elbit Vision Systems Ltd. (EVS): http://www.evs-sm.com

EVS offers a broad portfolio of automatic State-of-the-Art Visual and Ultrasonic Inspection Systems for both in-line and off-line applications, and quality monitoring systems used to improve product quality, safety, and increase production efficiency.

EVS' systems are used by over 600 customers, many of which are leading global companies. The headquarters, manufacturing and R&D of EVS are all located in Israel.

A worldwide Sales and Service network supports markets as well as systems already installed, in Asia, Europe, Africa, Australia and the Americas.

Safe Harbor:

This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties, such as market acceptance of new products and our ability to execute production on orders, which could cause actual results to differ materially from those in the statements included in this press release. Although EVS believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. EVS disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or otherwise. EVS undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

    Investor Relations Contact

    Ehud Helft / Kenny Green,
    GK Investor Relations,
    Tel: (US) +1-646-201-9246,
    (Int'l) +972-3-607-4717,
    info@gkir.com;

    Company Contact

    Yaron Menashe, CFO,
    EVS,
    Tel: (Int'l) +972-9-8661-601,
    yaron@evs-sm.com

SOURCE Elbit Vision Systems Ltd