Robotic Vision Systems, Inc. Will Reverse Split Its Shares 1 For 5 Note: RVSI has scheduled a conference call at 8:30 a.m. on Tuesday, December 2 (tomorrow) to discuss this topic as well as the company's new credit facility which is also being announced this morning. To listen to the call, log on to rvsi.com or ccbn.com. A replay of the call will be available at the two websites or by calling 630-395-0036 beginning at 9:00 a.m. NASHUA, N.H., Dec. 1 /PRNewswire-FirstCall/ -- Robotic Vision Systems, Inc. (RVSI) (ROBV.PK, RVSI.PK, ROBV.OB, RVSI.OB) today said the company Board of Directors has authorized a 1:5 reverse split of the company's shares. The split becomes effective with the opening of trading today, December 1. Following the split, RVSI will have approximately 14.7 million shares outstanding. Also, with the opening of trading today, RVSI's trading symbol will change to RVSI. "The Board took this action in consultation with investment bankers as well as with members of the financial community," said Pat V. Costa, Chairman and CEO of RVSI. "The reverse stock split strengthens our case in our appeal to Nasdaq for re-listing to the Nasdaq SmallCap Market. Our plan to meet their minimum bid requirement was cited in their request for supplemental materials from the company. We were also aware that the shares and warrants issued in connection with our recent private placement and new credit facility gave us no maneuvering room under our 100 million share ceiling." Mr. Costa said the proportion of the reverse split was determined by multiple factors, including a desire to make the company's shares more desirable to institutional investors. "Many institutions have investment policies restricting investments in low-priced stocks," Mr. Costa said. "We do not want share price to be an impediment to owning our shares. The one-for-five ratio was struck principally for that reason." About RVSI Robotic Vision Systems, Inc. (RVSI) (RVSI.PK, RVSI.OB, ROBV.PK, ROBV.OB) has the most comprehensive line of machine vision systems available today. Headquartered in Nashua, New Hampshire, with offices worldwide, RVSI is the world leader in vision-based semiconductor inspection and Data Matrix-based unit-level traceability. Using leading-edge technology, RVSI joins vision- enabled process equipment, high-performance optics, lighting, and advanced hardware and software to assure product quality, identify and track parts, control manufacturing processes, and ultimately enhance profits for companies worldwide. Serving the semiconductor, electronics, aerospace, automotive, pharmaceutical and packaging industries, RVSI holds approximately 100 patents in a broad range of technologies. For more information visit http://www.rvsi.com/ or call (800) 669-5234. Forward Looking Statement Except for the historical information herein, certain matters discussed in this release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to: the historical cyclical nature of the semiconductor industry, risks in products and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, timely development and release of new products, strategic suppliers and customers, the effect of the company's accounting policies and other risk factors detailed in the Company's annual report on Form 10-K, and other filings with the Securities and Exchange Commission. DATASOURCE: Robotic Vision Systems, Inc. CONTACT: Neal H. Sanders of Robotic Vision Systems, Inc., +1-781-302-2439 Web site: http://www.rvsi.com/

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