March 26, 2017 2:40 PM ET

Electronic Equipment, Instruments and Components

Company Overview of IAI industrial systems BV

Company Overview

IAI industrial systems BV manufactures and supplies laser and optical systems. The company offers security document solutions in the areas of passport personalization, card personalization, banknote security, document security, and personalization technology solutions. It provides its solutions for laser drilling, soldering, perforating, and engraving applications. The company offers services in the areas of helpdesk support, maintenance contract, training, update, and optimization aspects; and spare parts. It serves security printing, solar, automotive, and packaging markets in the Netherlands and internationally. The company is based in Veldhoven, the Netherlands. As of December 22, 2015, ...

De Run 5406

Veldhoven,  5504 DE

Netherlands

Phone:

31 40 254 2445

Key Executives for IAI industrial systems BV

IAI industrial systems BV does not have any Key Executives recorded.

IAI industrial systems BV Key Developments

DOCDATA In Talks On The Sale Of IAI industrial Systems And Its Subsidiaries

DOCDATA N.V. (ENXTAM:DOCD) is in talks to sell IAI industrial systems B.V. and its subsidiaries. DOCDATA published on October 13, 2015, in its interim report that it was in the process of restructuring its technology business headed by IAI industrial systems. DOCDATA has entered into exclusive discussions with a party that has expressed interest to acquire the whole business comprising of IAI industrial systems and its german subsidiaries IAI industrial systems GmbH and Feha Lasertec Halle Gmbh on the basis of a total enterprise value in the amount of EUR 22 million. The ongoing discussions between DOCDATA and this party may or may not result in a transaction. The potential sale of the shares in IAI industrial systems or its business will be subject to consultations with employee representatives. The shareholders of DOCDATA has been invited to vote on, amongst others, approval of sale of shares in IAI industrial systems or its business at the Extraordinary General Meeting to be held on December 16, 2015.

IAI Industrial Systems B.V. to Supply Three BookMaster One Systems to Asian Country

IAI industrial systems B.V. has won a contract to supply three BookMaster One systems for the personalization of passports to an Asian country. The BookMaster One system will be delivered and installed in 2016. BookMaster One systems perform the entire personalization of the passport in one pass through the machine including verification of all operations performed. Thus, the systems turn blank books, inserted in the machine, into fully personalized passports ready for issuing. The BookMaster One has a modular setup which enables customers to procure and employ the total functionality of the systems or parts of it, all at once or in phases.

IAI Industrial Systems B.V. Reports Unaudited Earnings Results for the Half Year Ended June 30, 2015; Provides Revenue Guidance for the Full Year of 2015

IAI industrial systems B.V. reported unaudited earnings results for the half year ended June 30, 2015. For the period, the company reported revenue of EUR 6.347 million compared to EUR 7.181 million a year ago. LBITDA was EUR 2.394 million against EBITDA of EUR 0.806 million a year ago. Operating loss before financing result was EUR 2.957 million against operating profit before financing result of EUR 0.490 million a year ago. Loss before income tax was EUR 2.993 million against profit before income tax of EUR 0.487 million a year ago. Loss for the period was EUR 2.597 million against profit for the period of EUR 0.351 million a year ago. In the first half-year 2015, the revenue of the company decreased due to the reason of less systems delivered compared to the first half-year 2014. The company expects revenue for the whole year 2015 to be substantially lower.

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