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QVI, CYBEROPTICS SIGN LICENSING AGREEMENT

August 1, 2003
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Quality Vision International Inc. has signed an agreement with CyberOptics Corp. for the technology transfer and licensing of digital range sensor technologies.

ROCHESTER, NY—Quality Vision International Inc. (QVI) of Rochester has signed an agreement with CyberOptics Corp. (Minneapolis) for the technology transfer and licensing of digital range sensor technologies.

The Optical Gaging Products (OGP) division of QVI has been marketing the CyberOptics laser technology since 1999, both as standalone units under the Cobra name and as DRS and DRX sensors integrated into the company’s video and multisensor measurement systems. The agreement enables the QVI division to imbed laser technology into its core multisensor measurement systems and to enhance its laser measurement capabilities in its products.

“OGP’s design teams will utilize this proprietary technology to expand and improve upon the company’s existing laser measurement capabilities,” says Mehdi Araghi, OGP’s vice president of engineering and technology. “This transfer is a critical step in our strategy to continuously improve the flexibility and performance of our product offerings.”

As part of the agreement, OGP takes over all aspects of manufacturing the DRS and DRX laser sensors and associated electronics from CyberOptics.

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