To: Jane4IceCream who wrote (3858 ) 2/23/1998 1:56:00 PM From: Gator Respond to of 27968
Jane, If you are looking for stocks, check out BNTI (Braintech). News expected to hit wire any minute regarding deal with Epson. Currently around $0.50. Here's the info, should be out on Businesswire shortly. BRAINTECH ANNOUNCES CONTRACT TO INSTALL DEMONSTRATION SYSTEM TO IMPROVE PRINTER ASSEMBLY PROCESS FOR EPSON PORTLAND INC. FOR IMMEDIATE RELEASE - FEBRUARY 23, 1998 Vancouver, B.C. - BrainTech Inc. announces a contract to build and install a print quality inspection (PQI) system to improve and standardize the ink jet printer assembly process for Epson Portland Inc (EPI). Epson has the option to purchase an additional 11 units to automate their print quality inspection system. Epson Portland Inc. based in Oregon, was established in 1985 and manufactures ink jet and dot matrix printers for North and South America. EPI has a workforce of 1800 in Washington County and is the only manufacturing facility for Seiko Epson Corporation of Japan in the United States. This is the first phase of automating Epson's printer quality inspection process. The uniqueness of BRAINTECH's PQI solution is the expertise of the human inspectors has been embedded in the system through the proprie tary classifier, BrainTrona. One of the requirements of the Epson PQI is to offer a more robust and consistent inspection system. "The contract with Epson is an important opportunity for us to demonstrate the usefulness of our technology in a real work environment. We're confident that the PQI system will prove to be a vital asset by helping Epson maintain its high standard for customer satisfaction," comments Owen Jones, President of BrainTech Inc. Further Jones states, "The PQI is a good example of the type of vision-based solution that we can build quickly and inexpensively with our Odyseea development system. This allows us to expand into other market segments that require vision technology to stay competitive." Gator