SPI Optics
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Annual Report & Accounts 2005 - Our Strategy
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QUARTER 3 QUARTER 4  Floated on AIM raising £10.5m net  Two supply agreements signed for pulsed MARKING laser  Fibre platform proven to scale in power to encompass majority of MICRO market  Customers use SPI product for demanding new stent material (nitinol)  Opened up ten market verticals and applications with increasing numbers of repeat purchases  Peter Schultz joins the Board as non-executive director  Annual review confirms continued ISO9001  Group sales for year to date exceed total sales in 2004  SPI Lasers plc and Group structure established  Graham Meek joins the Board as non-executive chairman AT A GLANCE SPI is now a recognised leader in the design and manufacture of fi bre lasers. The Company’s technology is rapidly becoming an integral part of producing many end-user products by improving, and in some cases enabling, its customers’ manufacturing processes. SPI continues to expand the applications space for fi bre lasers, with powers from mWs to kWs. MARKING The production of equipment to produce permanent marking on a wide range of products. Examples include consumer, electronics, semi-conductor, automotive and aerospace. MICRO A term for a diverse set of applications that require fi ne or precise cutting or welding. These include medical components (e.g. stents), electronic assembly, printing etc. MACRO Cutting and welding of larger parts in industries such as automotive, white goods, etc.