QVision AS Qm onitor Presentation May 2008 I nnovation in Global Food Production
Content Qvision AS and our ow ners. QMonitor system - how it w orks. Proven applications. Custom er references. Appendix 1. Salmon fillet applications (Fat, Colour and Pigment). 2. Water content 3. Classification 4. Example NIR spectre » 1 I nnovation in Global Food Production
QVision AS w as established in 2 0 0 5 as a spin-off from TiTech, a subsidiary of TOMRA 100% Partner R&D. 100% Partner food calibrations. » 2 I nnovation in Global Food Production
Brief introduction of Tom ra • Founded in 1972 • Started out with design, manufacture and sale of Reverse Vending Machines (RVMs) for automated handling of used beverage containers • Acquired TiTech and Orwak in 2004. • Today, TOMRA is a global provider of advanced recycling technology • Active in over 45 markets; most European markets, North America and Japan • More than 60,000 Machine I nstallations • Revenues of more than 700 M$ in 2006, EBI T margin of 16,5% . • Equity ratio of 60% (31.12.06). • ~ 2,000 employees • Listed on Oslo Stock Exchange (Ticker: TOM) • I ncluded in almost all major international socially responsible investment indices » 3 I nnovation in Global Food Production
TiTech Group constitutes a m ajor part of Tom ra’s I ndustrial Processing Technology division. Collection Technology I ndustrial Processing Collection Technology Materials Handling (deposit) (non-deposit) Technology Revenues: ~ 15% of total Revenues: ~ 50% of total Revenues: ~ 35% of total » 4 I nnovation in Global Food Production
TiTech in a glance TiTech is the leading provider of fast high tech sorting system s based on NI R technology COMPANY HI STORY Acquired Acquired by First unit sold European Acquisition of Development CommoDaS TOMRA - Germany expansion RVS (Germany) project initiated 1996 1998-9 2002 2004 2006 1990 PRODUCT Optical sorting equipment for automatic sorting of recyclables in Material Recovery Facilities (MRFs) � Polymers (by type or by colour) � Beverage cartons Control unit: Scanner and light source: Air jets: � Paper Data processing Detection Sorting MARKET Customers: Plant builders or owners of MRFs Segments: Packaging, RDF and paper. Several new segments being developed. Geographies: Sales to 21 countries in Europe, US, Competitors: Three major competitors: RTT Asia and Australia. 50% of historical sale to Germany. 60-90% market share in all major markets. (Germany), Pellenc (France), MSS (USA) » 5 I nnovation in Global Food Production
TiTech Group have local presence in 1 4 countries w orldw ide TiTech & CommoDaS presence Canada Norw ay Germ any (Subsidiary) (HQ) (Main operation) Spain Nederlands (Subsidiary) (Agent) Austria South Korea (Agent) (Subsidiary) I taly Japan (Agent) (Distributor) UK (Subsidiary) France Australia (Employee) (Distributor) USA (Distributors) South Africa ( Subsidiary) We set up subsidiaries in overseas markets to serve our partners & customers directly » 6 I nnovation in Global Food Production
TiTech Group - Organogram TI TECH GROUP Rune E. Marthinussen BUSI NESS DEVELOPMENT FI NANCE AND ADMI NI STRATI ON TECHNOLOGY & Divisions SERVI CE SUPPLY CHAI N Mining Food Recycling » 7 I nnovation in Global Food Production
QVision’s brief history Development project by Matforsk and SINTEF using March 2 0 0 3 : TiTech’s near-infrared (NIR) scanner. Completion of demonstrator for water measurement on dry April 2 0 0 4 : salted fish (“klippfisk”). Calibration of fat and colour measurement for salmon filet. Feb 2 0 0 5 : QVision AS established. May 2 0 0 5 : Completion of successful pilot test for salmon filet. July 2 0 0 5 : QMonitor commercially available (fat and colour). August 2 0 0 5 First commercial installation of QMonitor. Nov 2 0 0 5 : Water and pigment measurement available. April/ June 2 0 0 6 : First scanner sold to the white fish industry. May 2 0 0 7 : First scanner sold to the meat processing industry. Novem ber 2 0 0 7 : » 8 I nnovation in Global Food Production
Content Qvision AS and our ow ners. QMonitor system - how it w orks. Proven applications. Custom er references. Appendix 1. Salmon fillet applications (Fat, Colour and Pigment). 2. Water content 3. Classification 4. Example NIR spectre » 9 I nnovation in Global Food Production
QVisions place in the food production value chain Salmon farming Office system s Data feedback to Other system s and slaughtering production - ERP - Cost optimizing - Signal to grader computer. - QA Systems - Optimize processes - Signal to labelling machine. - Production and - Quality - Signal to trimming machines. traceability - Other - Fine tune water- and fat content. Production of - Wet salted fish - Dry salted fish I ntegration softw are Online scanner Conveyor belt Crab fisheries End customer Speed up to 2m/ s QMonitor - Fat content - Salmon fillets -Sorting - Labelling - Pigment - Salt fish fillets - Packaging - Colour - Forcemeat Slaughter and - Water - Pork meat - Length primary processing of - Poultry fillets - Spots on surface - Meat products - Living crabs - Deformations - Poultry fillets - Etc. - Meat index crabs - Etc. Etc. Rem ote Touch Com puter - User friendly interface - Monitoring of scanning - Analyses and statistics. » 1 0 I nnovation in Global Food Production
The QMonitor scanner unit can be placed above the existing processing line. Key features: Can be placed above • existing processing line. • Two spectroscopes • Easy to operate. • Easy to maintain and clean. • Easy access to all components. • Stainless steel. • Water proof (IP 67). Speed up to 3 m / s. • Easy to integrate w ith • existing production system s. » 1 1 I nnovation in Global Food Production
Exam ple of QMonitor integrated w ith grader. QMonitor Scale » 1 2 I nnovation in Global Food Production
Exam ple of QMonitor integrated in a salm on processing line » 1 3 I nnovation in Global Food Production
I nnovation in Global Food Production User friendly and flexible interface 1 4 »
The QMonitor m easuring system is based on Transflection Imaging 12 x 50 W, spectrometer halogen lamps Cylinder optics Focusing Adjustable height mirror Black Conveyor cover Illuminated field Transflected field » 1 5 I nnovation in Global Food Production
The m ain principle of transflection. Fat chart Colour chart Light from a halogen lamp is dispersing into the object (1-2 cm). Product speed: 1m/ s » 1 6 I nnovation in Global Food Production
Exam ple NI R Spectre W ater Fat 760 800 840 880 920 960 1000 1040 Wavelength (nm) » 1 7 I nnovation in Global Food Production
The transflected light generates a unique digital m ap of the scanned object. Each point on the digital m ap contains valuable data. Exam ple - Dry salted fish Digital m ap • The m ap is build up by digital points of 1 2 x1 2 m m . • Each point on the m ap contains a unique NI R* spectrum . • By analysing the NI R spectrum at each point one can decide unique features of the object. • Applications are m ade by com paring the NI R spectrum up against results from tests in a laboratory. - E.g. Water content in Dry salted fish. * Near Infrared (light in the wavelength from 700 NM up to 2100 NM). » 1 8 I nnovation in Global Food Production
Content Qvision AS and our ow ners. QMonitor system - how it w orks. Proven applications. Custom er references. Appendix 1. Salmon fillet applications (Fat, Colour and Pigment). 2. Water content 3. Classification 4. Example NIR spectre » 1 9 I nnovation in Global Food Production
Proven applications 1 . Salm on fillets - Fat content (% ) - Colour (SalmoFan) - Pigment content (mg/ kg) - Water (% ) 2 . Salted fish - Water content (% ) - Surface classification 3 . Forcem eat - Fat content (% ) 4 . Sliced pork m eat - Fat content (% ) 5 . Crabs - Meat index in living crabs » 2 0 I nnovation in Global Food Production
Content Qvision AS and our ow ners. QMonitor system - how it w orks. Proven applications. Custom er references. Appendix 1. Salmon fillet applications (Fat, Colour and Pigment). 2. Water content 3. Classification 4. Example NIR spectre » 2 1 I nnovation in Global Food Production
Type of custom ers Applications Value proposition • Matlab • Scanner used in R&D projects for Matforsk customers. R&D I NSTI TUTI ONS • Fat • Scanner used in R&D • Colour projects for Norconserv • Pigment customers. • Water • Quality assurance through • Colour individual labeling of high • Fat SALMON quality salmon fillets/ loins. • Pigment • Increased revenues by SALT finetuning drop loss. • Water content FI SH • Reduced warranty costs. • Classification. • Reduced labour costs. • Cost reduction. • Special application • Better utilisation of raw material. to classify meat CRABS content in living crabs • Cost reduction by finetuning fat • Fat content in content. Aasheim Kjøtt AS forcemeat MEAT • Reduced warranty costs. PROCESSI NG • Cost reduction by finetuning fat • Fat content in sliced content. porkmeat • Reduced warranty costs. » 2 2 I nnovation in Global Food Production
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