DVT and Siemens Sign Brand-Label Agreement

Atlanta, GA June 3, 2003 – Under an agreement announced November 26, 2002 at the annual SPS trade show in Nuremberg, Germany; Duluth, Georgia-based DVT Corporation will brand-label machine vision systems for the Automation & Drives Group of Siemens AG. As outlined in the Letter of Intent, DVT will supply brand-labeled versions of its Legend family of SmartImage Sensors and FrameWork software to Siemens; and DVT may offer a brand labeled version of the Siemens VS100 series of vision systems through its global network of Automation Solution Providers. The VS100 family of products is especially designed for image processing tasks for specific applications such as optical form inspection of small parts.

Commenting on the announcement, DVT Chairman and CEO Bob Steinke stated ‘‘DVT created the smart camera market over 11 years ago, and we continue to lead the industry with innovative solutions. This cooperative agreement with Siemens will serve both of our global customer bases and distribution networks by leveraging the strengths of each company. The Legend family of products will provide a wide range of solutions to Siemens customers – including CMOS and CCD-based systems; gray scale, color, high resolution, and high-speed units. This cooperation will fuel DVT’s R&D program to even faster product development and introduction.’‘

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The Siemens Automation and Drives Group (A&D), based in Nuremberg/Erlangen, Germany, is the leading manufacturer of automation and drives equipment worldwide. Products supplied by this group include standard products for the manufacturing and process industries, and the electrical installation industries. A&D also offers software for linking production and management, and for optimizing production processes.

Headquartered in Duluth, GA, DVT Corporation ignited the machine vision revolution in the early 1990s with SmartImage Sensors and has continued to upgrade, enhance and integrate the technology into the most cost-effective vision systems in the industry.  Starting at $2995, all SmartImage Sensors are Ethernet ready.  Whether implemented as a simple, direct connection between the SmartImage Sensor and a computer, or as a connection that crosses the globe via the Internet, DVT exploits the Ethernet's architecture to bring real-time inspections and remote diagnostics to any aspect of a company’s enterprise. 

For more information contact DVT Corporation at (770) 814-7920 or visit www.cognex.com/Main.aspx.

Contact:
Richard Daigle
DVT Corporation
Ph:   (770) 814-7920
Fax:  (770) 814-7925