The order is part of a $27 million three-year strategic agreement with Nobel Biocare signed in 2008.
Ophir Optronics Ltd. (TASE:OPIR) subsidiary Optimet Optical Metrology Ltd. has received a $4.4 million follow-on order for its desktop 3D dental scanner from Switzerland's Nobel Biocare AG (SWX: NOBN). The order is part of a $27 million three-year strategic agreement between the companies signed in 2008.
Optimet develops CAD/CAM dental products developed on the basis of Ophir Optronics' 3D optical scanners
Ophir Optronics chairman and CEO Dr. Yaakov Zerem said, "In the two and a half years since the agreement with Nobel Biocare was signed, it has marketed desktop 3D scanners developed by Optimet to many countries around the world."
Ophir Optronics' share price fell 0.5% on the TASE to NIS 14.68, giving a market cap of NIS 383 million.
Published by Globes [online], Israel business news - www.globes-online.com - on May 1, 2011
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