Ronin Takes Major Stake in AVT

Published: March 03, 2008

HOD HASHARON, ISRAEL | Ronin Investments Managing Co. has acquired close to 25% of Advanced Vision Technology (AVT) shares. Ronin acquired the shares at the Frankfurt Stock Exchange where AVT is listed with a market value of approximately $80 million. AVT is a developer of machine vision-based process control and quality assurance solutions for the printing industry. Ronin reportedly was impressed by AVT's achievements and results, and by the potential inherent in the company and its management. See http://www.avt-inc.com.