Elbit Vision Systems Ltd. (EVSNF.OB)

The Company together with its subsidiaries is engaged in the design, development, manufacturing and marketing automatic vision and ultrasonic inspection and quality monitoring systems, and rending services related to those systems.

For the nine months ended 30 September 2006, Elbit Vision Systems Ltd.'s revenues increased 2% to $12.3M. Net loss from continuing operations totaled $5.8M, up from $636K. Revenues reflect a rise in sales & services from Automatic Optical Inspection systems & Services segment and higher sales from ultrasound inspection systems & services. Higher loss reflects a rise in net research & development expense and the presence of reorganization expenses.