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

To: Maurice Siu who wrote (528)	4/27/1999 10:14:00 AM
From: Dennis Lefebvre	Read Replies (1) \| Respond to of 658

Maurice Siu, Good news, Den Image Processing Systems Inc - Image Processing receives orders; forecasts record first quarter operations Image Processing Systems Inc IPV Shares issued 19,902,503 1999-04-26 close $0.53 Tuesday Apr 27 1999 Mr. Ken Wawrew reports The company, under its trade name IPS Automation, has received orders totalling in excess of $4-million from LG Electronics. The giant Korean-based display manufacturer placed orders that include 12 ADI 8200-ITC display inspection and alignment systems for factories in Cumi, Korea, as well as upgrades to existing systems previously installed in Wales, United Kingdom. LG Electronics is one of the world's largest manufacturers of computer monitor tubes and has recently introduced their new Flatron, a completely flat monitor tube. The company used IPS systems in its factories in Europe and Korea and will soon be installing an IPS production line for its new 19-inch flat computer monitor tube. The recovery in Asia along with the better-than-expected 17 to 19 per cent growth in worldwide shipments of personal computers in the first quarter has fueled the demand for monitor tubes. With orders of over $8.3-million already in place, the company forecasts a record first quarter at IPS Canadian operations. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com