CAESAREA, Israel, Aug. 20, 2012 (GLOBE NEWSWIRE) -- Elbit Vision
Systems Ltd. (OTCBB:EVSNF), a leading global supplier of vision
inspection and process monitoring systems, unveiled its innovative, new
solution for thin, lightweight glass fabric inspection.

The glass fabric industry, which supplies the key component for printed
circuit boards (PCB) used in virtually all electronics, has recently
experienced a product shift towards lighter weight materials. This move
was essential for the industry to better adapt itself to the new
products in the market, such as thinner and more advanced smart phones,
tablets, and televisions. Over the last few months, EVS has developed a
unique solution for inspecting this new type of glass fabric during the
production process.

This innovative, new EVS product provides a defect map of the glass
fabric, with images, and creates a detailed report which includes
instructions for precise, efficient cutting, maximizing the yield of
the material. EVS, which has already received a number of orders for
this product, expects a substantial increase of business from this
market over the next few months, given the industry wide switch to the
new, thin glass fabric.

Sam Cohen, CEO of EVS, commented, "This new solution has given us a
significant technical advantage over our competitors, and positioned
EVS as the industry leader in this new, lightweight glass fabric
inspection. The new cameras, which we first presented in September
2011, have allowed us to fit our product to growing market demands. In
this regard, market potential amounts to a few million USD, and since
our solution is quite unique, I believe it will be widely adopted."

About Glass fabric: Glass fabric is the primary insulating backbone
upon which the vast majority of rigid printed circuit boards (PCBs) are
produced. A thin layer of copper foil is laminated to one, or both
sides of a woven glass fabric panel. These are commonly referred to as
"copper-clad laminates."

About Elbit Vision Systems Ltd. (EVS):

EVS offers a broad portfolio of automatic State-of-the-Art Visual
Inspection Systems for both in-line and off-line applications, and
process monitoring systems used to improve product quality, safety, and
increase production efficiency. EVS' systems are used by over 650
customers, many of which are leading global companies.

This press release and other releases are available on www.evs.co.il

Safe Harbor Statement

This press release contains forward-looking statements. Such statements
are subject to certain risks and uncertainties, such as market
acceptance of new products and our ability to execute production on
orders, which could cause actual results to differ materially from
those in the statements included in this press release. Although EVS
believes that the expectations reflected in such forward-looking
statements are based on reasonable assumptions, it can give no
assurance that its expectations will be achieved. EVS disclaims any
intention or obligation to update or revise any forward-looking
statements, which speak only as of the date hereof, whether as a result
of new information, future events or otherwise. EVS undertakes no
obligation to update forward-looking statements to reflect subsequently
occurring events or circumstances.


CONTACT: Company Contact Information:
         Yaron Menashe, CFO
         Tel: +972 4 6107609
         yaron@evs.co.il