ICOS Vision Systems Appoints Geert Noels as Advisor to the Board of Directors

ICOS Vision Systems Corporation NV (Nasdaq and Euronext:
IVIS), a leading supplier of inspection solutions for the
semiconductor industry, today announced that the board of directors
has appointed Geert Noels as an advisor to the board and its
committees, effectively immediately. The board will propose the
addition of Mr. Noels to the board of directors at the next general
assembly of shareholders, scheduled to be held in May 2007.
   Mr. Noels is Chief Economist and Partner of Petercam, a leading
independent financial institution in the Benelux, who possesses
in-depth knowledge of and extensive experience in the capital markets.
He began his career at Coopers & Lybrand and worked for the Flemish
Economic Association (VEV), before joining Petercam in 1994. Mr. Noels
also serves as an advisor to several public institutions, key decision
makers and business leaders, and is a well-respected author in the
national and international press on the topics of asset and debt
management, economics and finance.
   "In evaluating the size and composition of our board, our
nominating committee recommended that we add an independent director
with the stature of Mr. Noels," said Jos Verjans, Chairman of the
Board. "Mr. Noels will serve in an advisory role until we propose his
addition to the board at the first general assembly of shareholders.
We look forward to benefiting from his expertise, guidance and
contribution to ICOS's growth and welcome him to the board."
   Mr. Noels said, "For about 25 years, ICOS has consistently
executed a growth strategy of sustaining market leadership, increasing
penetration of established market segments and expanding addressable
market. Sustained investment in new product development, supported by
a flexible operating model, has enabled ICOS to strengthen its
competitive position throughout semiconductor industry cycles. It is
both an honor and a privilege for me to join the board of this
esteemed and successful company."

   About ICOS Vision Systems

   ICOS designs and manufactures inspection equipment for the
semiconductor packaging industry. It is a world-leading supplier of
equipment for the final visual control of chips before they are used
in various applications, such as PC's, cars or portable phones. ICOS'
systems perform two- and three-dimensional (2D and 3D) metrology and
inspection as part of the final visual quality control step in the
manufacturing of chips, wafers, flexible tapes for flat panel
displays, sockets, substrates and solar cells. Aside from its complete
systems, ICOS also offers inspection modules for integration in other
equipment.
   ICOS is headquartered in Heverlee, Belgium and has R&D centers in
Belgium, Germany and Hong Kong and sales and support offices in Japan,
the USA, Singapore, Hong Kong and Korea and production facilities in
Belgium, Hong Kong and China.

   "Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Certain matters discussed in this press release,
such as statements about ICOS' plans, objectives, expectations and
intentions, are forward-looking statements. These statements include,
without limitation, statements regarding the anticipated contributions
of Mr. Noels to ICOS, and ICOS' growth and growth strategy. These
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those projected or
anticipated. These risks and uncertainties include, without
limitation: risks related to ICOS' dependence on the cyclical
semiconductor and electronic assembly industries; risks relating to
the conduct of the business worldwide; uncertainties inherent in the
development of new products and the enhancement of existing products,
including technical risks and cost overruns and delays; the risk that
newly introduced products may contain undetected errors or defects or
otherwise not perform as anticipated; ICOS' ability to predict
accurately the demand for its products, and products under
development, and to develop strategies to address its markets
successfully; risks relating to intellectual property including the
inherent uncertainty of law suits alleging patent infringement that
have been filed against ICOS; technical innovations that could render
products marketed or under development by ICOS obsolete; competition;
and other risks referred to in our most recent annual report on form
20-F and other filings with the Securities and Exchange Commission.
ICOS cautions readers not to place undue reliance upon any such
forward-looking statements, which speak only as of the date made. ICOS
expressly disclaims any obligation or undertaking to release publicly
any updates or revisions to any such statements to reflect any change
in ICOS' expectations or any change in events, conditions or
circumstances on which any such statement is based. Further discussion
of risk factors is also available in ICOS' SEC filings.

   ICOS Vision Systems Corporation N.V. can be found on the World
Wide Web at www.ICOS.be