Advanced Vision Technology Ltd. / Key word(s): Corporate Action 01.10.2014 21:50 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- District Court extends deadline for Israeli Tax Authority to respond to AVT's request for Capital reduction Hod-Hasharon, Israel, October 1, 2014 - Advanced Vision Technology (AVT) Ltd., the world's leader in print process control, quality assurance and color control for the packaging, labels, folding cartons and commercial print markets, announced that further to the Company's announcement of September 17, 2014, in respect of the tentative approval by the District Court in Tel Aviv, Israel, of the Company's request to allow the reduction of its capital by up to US$12 million, the Israeli Tax Authority has filed today (October 1st) with the District Court a motion to extend by one day (until October 2nd) the deadline for it to respond to this ruling. The District Court agreed ex parte to extend the deadline as requested by the Tax Authority. 01.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Advanced Vision Technology Ltd. Hanagar 6 45241 Neve Ne'eman, Hod Hasharon Israel Phone: +972 9 761-4444 Fax: +972 9 761-4555 E-mail: [email protected] Internet: www.avt-inc.com ISIN: IL0010837248 WKN: 931340 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------