DVT Sets Record June and 2nd Quarter Sales & Bookings

Duluth, GA, July 9, 2003 – DVT Corporation, the global leader in SmartImage Sensor technology, has set new records for the highest June and highest second quarter sales and bookings levels in the company’s history. The new records have propelled the company to a year-to-date gain of over 33 percent. Based on these results, DVT is projecting a 50 percent growth in sales for calendar 2003 – far exceeding the projected growth rate of the machine vision industry.

Commenting on these impressive results from the company’s new corporate headquarters, DVT CEO and Chairman, Bob Steinke stated, ‘‘Even in difficult economic times, we have managed to make forward strides. As the economic situation improves, we anticipate phenomenal future growth, a growth we will manage carefully.’‘

The DVT organization now includes 20 offices in 10 countries and a global distribution network of 130 Automation Solution Providers (ASPs). DVT has increased its workforce by 80 percent in the past two years, establishing offices in the UK, France, Germany, Sweden, Mexico, Japan, Korea, Singapore and China to better support our ASPs and our growing global customer base.

DVT is also committed to providing its industry leading free training and technical support on a global basis. In 2002, DVT and its ASP network offered more than 10,000 man-days of classroom training - completely free of charge. The company offers weekly online training classes in seven languages and provides daily technical support and online diagnostics support to customers worldwide.

Steinke concluded by saying, ‘‘We have been blessed with a history of industry-leading products and a workforce that is dedicated to the unconditional support of our customers. DVT attributes its success to our company philosophy of ‘Servant Leadership.’ This means putting the needs of our customers ahead of our own needs. Instead of asking ‘What’s in it for me?’ we ask our customers ‘How may I serve you?’ Agape is a Greek term meaning Unconditional Love. DVT’s Agape Support is Unconditional.

We know that there is very little statistical difference between an average company and one that truly excels. That difference at DVT is the passionate execution of this philosophy of ‘Servant Leadership’ on a daily basis.’‘

DVT is recognized as a global market leader in machine vision products and is the only manufacturer in the industry to provide free classroom, online and CD-based training; free operating software and software upgrades; and free online diagnostics and troubleshooting. For more information about DVT, our products - or Servant Leadership, contact DVT Corporation, 1855 Satellite Blvd., Suite 100, Duluth, Georgia  30097; call (770) 814-7920; or visit www.dvtsensors.com.

Key contacts: 
Bob Steinke, Chairman & CEO 

Emory Berry, CFO   

Bob Settle, Director of Marketing 

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