PPT VISION, Inc. News

PPT VISION Announces Anticipated Filing of Form 15

MINNEAPOLIS, July 18 PRNewswire-FirstCall — PPT VISION, Inc. (OTC Bulletin Board: PPTV) today announced that it intends to file a Form 15 on July 25, 2008 with the Securities and Exchange Commission to deregister the Company's common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended. The Company will file the Form 15 on July 25, 2008 assuming the number of record holders continues to be less than 500 on such date. The Company expects the deregistration to become effective within 90 days of filing with the SEC. As a result of the filing of the Form 15, the Company's obligation to file certain reports and forms, including Forms 10-KSB, 10-QSB and 8-K, with the SEC will be suspended.

Joseph C. Christenson, President and CFO of PPT Vision stated, "PPT VISION's intention to deregister its common stock is driven by our goal to reduce current expense and to avoid future expenses related to additional auditing requirements created by the Sarbanes-Oxley Act. However, the Company does intend to continue to provide quarterly and annual financial reports." The Company's common stock will continue to be eligible for quotation on the OTC Bulletin Board until the filing of the Form 15, at which time the Company expects to transfer the quotation of its common stock to the Pink Sheets.

About PPT VISION

PPT VISION, Inc. ("the Company") designs, manufactures, and markets machine vision based intelligent cameras used for automated inspection, measurement, and guidance applications in the manufacturing marketplace. The Company's IMPACT(TM) intelligent camera product line enables manufacturers to realize significant economic paybacks by increasing the quality of manufactured parts and improving the productivity of manufacturing processes. The Company's IMPACT intelligent camera product line is sold through a global network of distribution and integration partners to end-user manufacturers, original equipment manufacturers, and manufacturing machine builders, in the wide variety of manufacturing markets including electronics, automotive, medical device, and packaged goods industries. The Company's Common Stock trades on OTC Bulletin Board under the symbol PPTV.OB. For more information, please see the PPT VISION, Inc. web site at http://www.pptvision.com.

Forward Looking Statements

The discussion above contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, beliefs, intentions and strategies regarding the future. Forward-looking statements include, without limitation, statements regarding the extent and timing of future revenues and expenses and customer demand. All forward-looking statements included in this document are based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statements.

These forward-looking statements are subject to risks and uncertainties, including the risk that the Company may be ineligible to deregister its common stock or may determine not to do so or that its common stock will not be quoted on the Pink Sheets, as well as other factors set forth in the Company's filings with the Securities and Exchange Commission.

SOURCE PPT VISION, Inc.

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