HIGHLIGHTS Turnover doubled to £7.1 million (2005: £3.5
million) in line with market expectations Product sales of £4.7 million (2005:
£2.0 million) and contract sales of £2.4 million (2005: £1.5 million) representing
growth of 135% and 60% respectively Continued strong growth in MICRO with largest
single deployment being in excess of 70 lasers 102 new accounts, increased demand
for MARKING, a new market sector established in MEDICAL AESTHETICS and several
new market verticals established within sectors Technical problems encountered
at mid-year have been resolved Strong increase in activity in Asia Strengthened
balance sheet post year end following February 2007 placing raising £10 million
(net) Cutting and welding of larger parts in industries such as automotive, white
goods, etc. WHAT WE DO AT A GLANCE MARKING The production of equipment to produce
permanent marking on a wide range of products. Examples include consumer electronics,
semi-conductor, automotive and aerospace. MEDICAL A growing range of aesthetic
laser applications such as skin resurfacing and rejuvenation. MICRO A term for
a diverse set of applications that require .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.
