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AVT Appoints Yeoshua Agassi as Chairman of the board of directors

Press release from the issuing company

Hod-Hasharon, Israel, September 1st, 2008 – Advanced Vision Technology (AVT) announces the appointment of Yeoshua Agassi as Chairman of the board of directors.
Mr. Agassi has served as CEO & President of Scitex Corporation Ltd from 2001 until 2003. In parallel Mr. Agassi has served as Executive Vice President of CLAL Industries and Investments Ltd., one of Israel's largest investment and holding companies in Israel. During 2000, Mr. Agassi served as General Manager of Leumicard Ltd., one of Israel's leading credit card services owned by Bank Leumi. From 1993 until 1998, Mr. Agassi served as the General Manager of Israeli Direct Insurance Company (IDI), a direct insurer located in Tel Aviv, which he co-founded in 1993. Mr. Agassi holds an MBA in Marketing from Bar Ilan University, as well as a B.A. in Economics from Tel Aviv University. Currently Mr. Agassi serves as chairman of the board of two privately owned companies.
 "AVT developed tremendously in the past 10 years, growing from a young start-up to a multinational leader in Machine Vision solutions for the printing industry" said Yeoshua Agassi. "I am happy to join the company as its Chairman of the board of directors, and be part of its continued success."
"I am pleased to welcome Yeoshua to AVT," said Shlomo Amir, AVT's President & CEO. "Yeoshua's proven experience in large and complex organisations makes him an important asset to our board of directors, and will support our future growth."