These results mark AVT’s 17th consecutive quarter of growth. Profitability has also continued to rise with gross margin of 62.8% (60.3% for the same period in 2005). Net Income for the quarter rose by 66.7% to US$1.23 million (NZ$1.97m). Net margin more than doubled from 7.7% to 18.0%.

In the first quarter, new order bookings grew by 16.8% over the same period in 2005 to $US6.5 million.

AVT develops and manufactures automatic inspection systems for web applications in the packaging, labels, forms and converting sectors. AVT’s flagship platform, PrintVision/Jupiter for Packaging Printing, is an advanced video-based inspection system that automatically detects defects in various types of printing processes. The system eliminates the need for human operator judgement to visually monitor and inspect print output.

For the label printing market, AVT developed the PrintVision/Helios, an automatic 100% inspection system for quality assurance workflow. The system can be mounted on press for in-line inspection or on a rewinder for post press handling. There are more than 1300 PrintVision systems installed worldwide.

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