Saw the news today concerning INVN in reference to ISO 9000...I can speak to that since one of my primary responsibilities here at work is administration of the ISO program...it's a program that reviews the entire process of your company from start to finish and in essence puts you in a position of taking a second look at the way you do business...it's a very positive and extremely thorough continuous improvement process for a company to go through and makes a great "calling card" for doing business in the US and internationally...it's shows a strong commitment by management to improve their company...I don't suspect the press release will do much for the price of the stock but it speaks well of management...
Tuesday December 14, 9:32 am Eastern Time
Company Press Release
InVision Technologies Achieves ISO 9001 Certification
NEWARK, Calif.--(BUSINESS WIRE)--Dec. 14, 1999--InVision Technologies, Inc. (Nasdaq: INVN - news) today announced that it has achieved ISO 9001 certification through international registrar British Standards Institution Inc. (BSI), the largest ISO registrar worldwide.
To achieve this milestone, InVision prepared, implemented, and trained personnel on more than 90 business processes during the past year. The company took a unique approach to compliance by applying the 20 elements contained within the standard to all of its operations. This was done to enhance the effectiveness of its overall business processes from top to bottom. The more conventional approach is to include only those parts of the business directly affected by the standard.
Sergio Magistri, InVision's President and Chief Executive Officer, said, ''This represents a major accomplishment for InVision as we join the ranks of a number of elite U.S. firms registered to the ISO 9001 standard. ISO 9001 registration is recognized in more than 190 countries worldwide as the benchmark for total business quality programs and BSI is recognized worldwide as the leader in ISO 9000 registrations. This is also significant for our customers because it demonstrates our on-going commitment to deliver high quality products and excellent customer service in today's extremely competitive marketplace.''
InVision Technologies develops, manufactures, markets, and supports explosive detection systems based on advanced computed tomography (CT) technology for civil aviation security. Today, more than 180 FAA-certified CTX 5000(TM) series systems have been shipped worldwide to provide the traveling public with the best security against terrorism available. The company also develops, manufactures, markets, and supports CT-based systems for other applications including drug detection. InVision's wholly owned subsidiary, Quantum Magnetics, develops and commercializes patented and proprietary technologies, including key quadrupole resonance (QR) patents licensed from the Naval Research Laboratory, that are based on a state-of-the-art, low-cost version of magnetic resonance adapted for explosive detection. Additional information about InVision can be obtained on the company's web site at: invision-tech.com.
This news release contains forward-looking statements including statements regarding enhanced effectiveness of operations. Investors are cautioned to consider the important risk factors that could cause actual results to differ materially from those in the forward-looking statements in this news release. These risk factors include risks inherent to manufacturing and delivering products on time; risks inherent with the acceptance of new products; and other risks detailed from time to time in the company's SEC reports, including the most recent reports on Forms 10-Q and 10-K.
CTX 5000 is a trademark of InVision Technologies. Inc.
Contact:
InVision Technologies, Inc. Linda Snyder, 510/739-2511
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