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Gold/Mining/Energy : Image Processing Systems (IPV-TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Luc N. who wrote (421)	9/8/1998 11:06:00 AM
From: Flora Wood	Read Replies (1) \| Respond to of 658

Luc, John etc, I regret to say that the TSE has introduced guidelines regulating electronic communications that explicitly recommends against companies posting on chat-group forums. I made a number of suggestions as to how to possibly address your comments without contravening these regulations but after submitting it to the legal authorities, I was turned down. Unless the TSE guidelines are revised, we are unable to post on this forum without penalty. This doesn't mean we've gone into hiding - Chris Cory and I are always available to investors at 416-777-0001 or you can e-mail us at invest@ipsautomation.com. As John pointed out, some of your questions are best reserved for the AGM where I hope to meet you. Flora

To: Luc N. who wrote (421)	9/11/1998 12:59:00 PM
From: Alex Harrington	Respond to of 658

Here's some news: FOR FURTHER INFORMATION PLEASE CONTACT: CEF Inc. Chris Cory or Flora Wood +1 416 777 0001 Toronto, Ontario NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: IMAGE PROCESSING SYSTEMS INC. TSE SYMBOL: IPV SEPTEMBER 11, 1998 IPS Automation Receives $570,000 Order For Cartoning Systems MARKHAM, ONTARIO-- - UNIQUE FEATURES ELIMINATE PRODUCT SCRAP, REDUCE COSTS - Image Processing Systems Inc. (TSE:IPV)-under its trade name IPS Automation-announced today that their wholly-owned subsidiary, Chicago-based Tisma Machinery Corporation (TMC), received an order-worth $570,000-from a major US confectionery manufacturer. The order includes a high-speed TMC Series 400, which will be used to carton pouches of a popular candy. "This superior cartoning solution gives our customers a competitive advantage. Our patented MemoryTrack(R) component integrates with a computer scale that delivers pouched product to a MemoryTrack(R) bucket. This unique feature holds the product and places it into the first available carton. Competing systems don't detect the carton and simply dump the product. Our system saves money by reducing scrap and scrap-related maintenance," says Terry Derrico, TMC Chief Operating Officer. He adds that, "We had a banner second quarter-we sold a total of five high-speed vertical cartoners to three different customers." "This customer has been doing business with TMC for the past eight years and is very satisfied with our innovative solutions," says Terry Graham, IPS Chairman & President. "We respond quickly with an intense level of service that creates brand loyalty and generates repeat sales." TMC is recognized worldwide as a leader in the design and manufacture of high-speed, gentle handling packaging equipment. IPS Automation is a Markham, Ontario based company and it specializes in the design and manufacture of high-speed, machine-vision inspection systems for industrial applications. IPS Automation, an ISO 9001 registered company, is listed on the Toronto Stock Exchange under the symbol IPV. It currently employs over 200 people and has offices in Canada, China, Japan, Korea, The Netherlands, Taiwan and the United States. IPS Automation's solutions are used in 23 counties by blue-chip customers including Sony, Philips, Siemens, Daewoo, 3M, DuPont, General Foods, Warner-Lambert, Hershey's and Quaker Oats. A recipient of a 1997 Canada Export Award, in 1998 IPS was named the fastest growing company in Canada by Profit magazine. Visit the IPS website at www.ipsautomation.com.