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AVERNA Technologies buys the Vision & Robotics group of Invensys

PRESS RELEASE
FOR IMMEDIATE RELEASE

Montreal, March 1, 2005 – AVERNA Technologies announces that it has purchased all assets of Vision & Robotics group from Invensys. Effective April 1, 2005 the acquisition will bring more than 20 engineers to AVERNA. AVERNA’s annual sales are expected to reach 8 million $ in 2005 with this acquisition. 2004 sales for AVERNA were 4.2 million $.

"With this acquisition, AVERNA becomes the leader in Canada in vision-based inspection solutions and gains a valuable experience in robotics”, says Pascal Pilon, president of AVERNA Technologies. “We gain access to more than 100 major clients in North America and are strengthening our position as a major system integrator serving the aerospace, pharmaceutical, electronics, aluminum and manufacturing industries.”

AVERNA provides solutions to increase productivity. Since its foundation in 1999, AVERNA has been working with customers to implement automation systems that enhance quality control, asset optimization and employees collaboration while executing their manufacturing business processes reliably.

Over the past ten years, the Vision & Robotics group has been offering increased manufacturing efficiency and product quality improvements that only automated vision inspection and robotics can provide. They have completed more than 150 installations and focused on vertical solutions to optimize lighting inspection, aluminum processing, pharmaceutical manufacturing, turbo machinery manufacturing and heavy metal fabrication robotics.

"The Vision & Robotics’ core knowledge and solution base is a great complement to our business focus”, says Pascal Pilon. Charles Magnan, Vice President of Vision & Robotics, believes that the company’s core competencies will be better leveraged with AVERNA Technologies sales channels and Proligent™ product line.

About AVERNA Technologies
AVERNA is a privately-held Canadian corporation founded in 1999. The company focuses on manufacturing productivity improvements through information and automation systems that combine proven technologies from partners such as National Instruments with today’s business management best practices. Averna has delivered solutions for several companies such as Honeywell Aerospace, Bombardier, Proctor&Gamble, Harris, Alstom, L’Oréal, Hydro-Quebec and CN. For more information about AVERNA Technologies, visit their Web site www.averna.com.

About Vision & Robotics
Vision & Robotics is a business unit of Invensys and has been developing automated vision and robotic manufacturing solutions for 10 years. The business unit provides solutions for the automotive, electronics, aeronautics, food and beverage, pharmaceutical and consumer goods industries. For additional information, visit www.solutions2accelerate.com

Source: Pascal Pilon
Président
AVERNA Technologies
514-842-7577, ext 300
pascal.pilon@averna.com