The agreement includes integration and sales of MicroVec’s complete product portfolio in the area of PIV, which through advanced image analysis measures flow mechanics in air and liquids. The technology is used in for example the automotive and aerospace industry to measure turbulence of vehicles and aircrafts. Other applications include combustion analysis, ship design, tidal modeling, hydrodynamics and much more.
“We are very pleased to have signed an agreement with such a strong international partner as Image Systems. For several years, we have developed our PIV products, which have succeeded to take a large portion of the market share in Asia. Now we are ready to take the step out globally and we feel that the collaboration with Image Systems can provide us with good conditions for growth.”, says Wei Runje, founder and majority owner of MicroVec.
“For Image Systems, this agreement is very exciting as we expand our product portfolio and engage in nearby market areas within advanced contactless measurement technologies. We grow into new applications where we connect laser-based measurement systems with image analysis, which is well in line with our ambition to develop complete solutions that consist of both hardware and software. Our existing sales network within Motion Analysis is well prepared for this type of application and it is a natural development of our business.”, says Johan Friberg, CEO of Image Systems.
Johan Friberg, VD, phone +46 13-200 100, e-mail email@example.com