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ots Ad hoc-Service: Basler AG <DE0005102008> Basler AG Readying Photobit Corp. Shareholding for Its Market Debut

Ahrensburg (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
- Will Keep 16% Share of this High-Tech Forge Following Capital
Increase 
   - Photobit Corp. Public Share Offering Planned in 2001
Basler AG - the leading manufacturer in the field of vision
technology - takes part in the last capital increase of Photobit
Corporation (USA) before the going public and maintains its solid 16%
share. Such a strategic share of this world's leading company in the
field of CMOS image sensoring gives Basler assured access to the key
technology of image sensoring and includes joint developments for
high-resolution and rapid-processing cameras. This reinforces
Basler's expertise in the artificial vision's core technologies and
its outstanding position among the competition for future mass
applications of such vision technology. The capital increase put some
US$ 20 million into Photobit's coffers. Basler AG will assume US$ 3.2
million of this, with this action being used to expand its product
portfolio and worldwide sales network. Photobit's initial offering on
the Nasdaq is planned for the summer of 2001. Besides the founders,
Basler AG remains the largest shareholder in Photobit and will keep a
seat on its Board of Directors. This interest in Photobit has been
extremely fruitful since September 1999. The first joint product
developments are in the prototype stage and have been delivering
excellent results.
Basler AG, an international high-tech company with headquarters in
Ahrensburg near Hamburg, is a leading manufacturer of vision
technology, the technology on which artificial vision systems are
based. The systems and components produced by the company are crucial
for the optimisation of industrial production processes. The basic
conditions for a tremendous growth in sales and revenues are most
promising since currently only approximately 10 per cent of all
potential applications have been identified.
Further Information Christian Höck - Investor Relations Basler AG
An der Strusbek 60-62 22926 Ahrensburg Tel. 04102-463 175 
christian.hoeck@baslerweb.com
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