Earlier this afternoon, Image Systems entered a partnership together with the Singaporean company MicroVec to sell MicroVec’s PIV-systems (Particle Image Velocimetry) globally. In our initiating coverage report, we mentioned that Image Systems has, especially in the business area of Motion Analysis, a well-established distribution network which implies that the company easily can integrate new products to spurs sales. We see the partnership with MicroVec as a very positive since Image Systems does not offer any PIV-systems, while it also highlights the importance of Image Systems’ global distribution network.