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biz.yahoo.com
IPS Success Subject of Wall Street Reporter Magazine Interview
MARKHAM, Ontario--(BUSINESS WIRE)--July 12, 1999--(TSE:IPV. - news)
CEO Ken Wawrew Speaks to Investment Community About Promising Future
Image Processing Systems Inc. (TSE:IPV - news)-under its trade name IPS Automation- announced today that an interview with Ken Wawrew, President & CEO of IPS, by New York-based Wall Street Reporter Magazine is available on the Internet (www.wallstreetreporter.com).
The interview between Mr. Wawrew and Wall Street Reporter's Stephen DeLucia provides insight into IPS' strong sales growth, diversification plan, emerging markets, and promising outlook.
When asked what he would say to potential investors considering buying shares in IPS, Mr. Wawrew replied, ''I think you really have to look at our one times trailing revenues, our potential for the future, and our start for the year, which is excellent. We're going to have a profitable first quarter, more profit than we've ever made in the past.''
Wall Street Reporter Magazine is a premier information source for institutional and individual investors seeking successful new investment ideas. They interview CEOs of leading public companies based on important news and earnings announcements. Their in-depth, unbiased, unscripted interviews deliver a first-hand perspective that enables investors to make intelligent and informed investment decisions.
In other news, IPS has been recognized among Canada's top 1000 publicly traded companies in terms of assets, according to Report on Business Magazine (ROB). IPS ranked 858th in ROB's ''The Top 1000: Canada's Power Book(TM).'' ROB is published by The Globe & Mail.
IPS Automation is a complete electronic vision systems provider. The company's automated display inspection (ADI) systems are recognized as the best in the world for display manufacturers. IPS also provides advanced inspection solutions for the automotive glass, pharmaceutical and brewing industries, developed in close co-operation with key customers.
IPS Automation, an ISO 9001 and IQNET certified company, is listed on the Toronto Stock Exchange under the symbol IPV and has offices and representatives in Brazil, Canada, China, Japan, Korea, The Netherlands, Taiwan and the United States. Blue-chip customers worldwide use IPS Automation's solutions.
Copies of our press releases are available on the IPS website at www.ipsautomation.com.
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