4/23/2004 - Coreco Imaging (www.corecoimaging.com), a leading developer of high-performance machine vision components and services, announced the opening of its first office outside of North America. Located in Tokyo’s commercially up-and-coming Shinagawa District, the new office will enable Coreco to better serve the Asian marketplace and will help position the company as a worldwide provider of computer vision products and support.
“The opening of this new office in Tokyo is one of several steps being taken to expand Coreco Imaging’s global presence,” said Keith Reuben, President & CEO of Coreco Imaging. “Asia and Europe are the focus of our expansion efforts this year. Asia is particularly important to our long term business strategy, as this region is primed for growth in the semiconductor and electronics industries.”
According to the Semiconductor Industry Association (SIA), the semiconductor market is currently estimated at 165 billion dollars and is expected to grow to 220 billion by 2006.
About Coreco Imaging
Coreco Imaging is the world leader in the design, development and marketing of computer vision products. Our customers are equipment manufacturers who use our products to improve quality control, productivity and competitiveness. The company sustains an impressive investment in the product development of new vision processors, smart cameras and computer vision algorithms, keeping it at the forefront of technology. With over 170,000 installations and 24 years of industry experience, the company has operations in Montreal QC, Billerica MA, Cleveland OH, San Juan Capistrano, CA, Vancouver, BC, and Tokyo, Japan, and is publicly traded on the Toronto Stock Exchange (TSX) under the symbol of CRC. http://www.imaging.com
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