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Dr James Fox
Managing Director - Vision Systems Limited

Dr James FoxDr 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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