ISRA VISION AG buys majority stake in Parsytec AG - new platform for profitable growth

Joint press release by the Executive Board of ISRA VISION AG and
Parsytec AG

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companies/majority stake

Aachen (euro adhoc) - On 23 July 2007, ISRA VISION AG acquired more
than 52% of the shares in Parsytec AG from the company founder and
main shareholder Falk Kuebler and an institutional investor.

ISRA's management is pleased to have successfully concluded the
transaction. With its high-quality products and services for surface
and web inspection in the metal and paper industry, Parsytec has
achieved a leading position on the global market. Since ISRA is not
yet so well established in these industries and has mainly expanded
in the industrial automation, glass, speciality paper, printing and
plastics sectors to date, the product ranges of both companies
complement each other perfectly.

Parsytec welcomes the majority acquisition by ISRA and is pleased to
have finally found again a long term-oriented strategic investor and
partner from the same industry with whom a stronger platform can be
built and the huge potential for dynamic growth can be fully utilised
in future, following Mr Kuebler's departure from the company. The
very similar corporate culture is a real bonus. Both are medium-sized
high-growth companies characterised by the strong personalities of
their founders and executives.

After the initial talks between managers from both companies, there
is a shared view that the joint future offers advantages for both
companies. The Executive Board of Parsytec expects a mandatory
compulsory offer from ISRA in the next few weeks, and will issue a
recommendation to its shareholders after a thorough examination.

In an initial overview, both companies have identified the perfectly
complementing product and sales structures as the biggest
opportunity. The strengths of both companies will be applied very
soon in order to build on existing successes on the market and become
even more successful. More specifically, this means that Parsytec
will assume organisational leadership for a joint market presence of
the Parsytec and ISRA brands in the metal and paper sectors.

A future of great opportunities and growth potential lies ahead for
the companies. The business will be enhanced by working together.
Dynamic growth with high profitability is the objective. Both
management teams will quickly take the legal and organisational
measures required to make the most of the opportunities currently
available. To this end, extensive synergies will be leveraged and
economies of scale utilised.

end of announcement euro adhoc 26.07.2007 11:23:23
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ots Originaltext: Parsytec AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Parsytec AG
Investor Relations
Tel ++49(241)9696-200
Fax ++49(241)9696-500
e-Mail: ir@parsytec.de
Internet: www.parsytec.de

Branche: Software
ISIN: DE000A0JQ4J9
WKN: A0JQ4J
Index: Prime All Share, Technologie All Share, CDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade