I was chairman of a large Italian government and banks sponsored fund having the mission to support the development of small and medium size high tech companies. We liked the people, the technology, the strategy, and the values of Antares Vision. The Fund invested a small share in Antares Vision and this was a good thing for both, Fund and Antares. In few years Antares Vision grew from a small promising company to a strong international successful group and this confirms the deep solidity of Antares Vision and the quality and passion of Antares Vision people.
Today we welcome the birth of the new brand: Antares Vision Group. This is a step towards a new cycle during which Antares Vision, as a Group of integrated companies, has the possibility to grow further in size, but also to become a stronger international society of people happy to share the same values, the same proud to be part of a team who works for profit but also for producing good things useful to a better and more civilized world.
In order to support this development Antares Vision shareholders decided to list Antares Vision at the Italian Stock Exchange. Today we also celebrate an important step towards this goal. Antares Vision is going to develop as a public company. This is a positive development but also a dangerous one. Such development may bring several advantages to the Group and to Antares Vision people all over the world. But it may also create unsound pressures for financial approach versus strategical approach, short term views versus long terms views, short term results versus research and quality, compliance and appearance versus substance, money versus people.
I have seen good companies destroyed by such pressures. I am very confident that Antares people will be able to face these risks so that the listing becomes only an advantage for the Group, for Antares Vision people and for the communities where Antares Vision Group is active.
Good luck to all Antares Vision Group people.