Integral Vision today announced financial results for its fiscal first quarter ending March 31, 2006. Revenues for the quarter were $69,000 and the net loss for the company was $799,000 or $0.03 per share.
The OLED market is also starting to mature with color OLED volume expected by next year. With the OLED market expected to reach $10.2 billion by 2011, roll to roll production is becoming more viable. We are presently in a cost sharing product development agreement with Energy Conversion Devices to develop inspection for roll to roll display and lighting inspection. The expected growth of all of these markets should have a positive effect on Integral Vision," said Charles J. Drake, Chairman and CEO of Integral Vision.
Posted: May 15,2006 by Ron Mertens
