euro adhoc: Parsytec AG / other / Delisting of Parsytec share decided ISRA offers cash compensation of 5.65 EUR per Parsytec share (E)

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

14.12.2007

Aachen/Germany - 14 December 2007. The extraordinary general meeting of the
Parsytec AG - the world´s leading supplier of surface and web inspection systems
for strip products - accepted overwhelmingly all decisions given by the
Executive Board and the Board of Management today. Parsytec will be renamed ISRA
VISION PARSYTEC AG.

Furthermore, the Board of Management has been authorized to apply for the
delisting of the Parsytec shares at the Frankfurt Stock Exchange.

ISRA VISION AG, the majority share holder of Parsytec AG, has agreed on
submitting the remaining share holders of Parsytec AG a public cash compensation
offer of EUR 5.65 per Parsytec AG share according to jurisprudence of the
supreme courts.

The exact conditions of the cash compensation offer result from the public cash
compensation offer, which is published under
www.isravision.com/kaufangebot.htm.

Further inquiry note:
Parsytec AG
Investor Relations
Tel ++49(241)9696-200
Fax ++49(241)9696-500
e-Mail: ir@parsytec.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

emitter: Parsytec AG
Auf der Hüls 183
D-52068 Aachen
phone: +49 (0)241 9696-200
FAX: +49 (0)241 9696-500
mail: ir@parsytec.de
WWW: http://www.parsytec.de
sector: Software
ISIN: DE000A0JQ4J9
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

print