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Dr James Fox
Managing Director - Vision
Systems Limited
Dr
James (Jim) Fox is the Managing Director of publicly
listed Vision Systems Limited (VSL) which incorporates
the Invetech Group founded by Dr Fox in 1987. He was
the Managing Director of PA Technology in South East
Asia prior to forming Invetech.
VSL is a leading supplier of contract
R&D and technology commercialisation services to
Manufacturing Industry and manufactures and exports
high value medical instruments, video surveillance products
and high sensitivity smoke detection products, employs
over 650 staff, has revenues running at the rate of
$150 million per annum and operates out of offices in
Boston, London, Melbourne, Adelaide, Shanghai, Santiago
and Kuala Lumpur. More than 85% of VSL's revenues are
now earned in markets outside Australia.
Under Jim's leadership, VSL has grown
from sales of A$10 million (A$2m in exports) in 1993
to a running rate of annual sales of A$150 million and
exports of A$120 million. The company continues to grow
at annual rate exceeding 30%. Market capitalisation
of VSL has grown to close to $300 million and the company
is now rated in the ASX200.
Jim has particular experience in establishing
and building international, technology based businesses.
His involvement has covered raising finance through
to negotiating marketing agreements and acquisitions.
In this capacity, Jim spends four months per year overseas.
Jim is also a non-executive Director
of Futuris Corporation Limited and Technology Partnership
Group plc. Futuris is a $3 billion Australian manufacturer
(automotive air conditioning) and rural services provider
(Elders Ltd). Technology Partnership operates out of
Cambridge (UK) and mixes technology based services to
customers in Europe, Japan and the USA with manufactured
products based on drug discovery automation, scientific
instruments and ink jet printer technology. Vision Systems
Limited has a minority shareholding in Technology Partnership
arising from Jim's personal involvement in the startup
of the company.
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