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Organization
Luis AbarcaDirector, Ultrasonic
Coating Solutions SBU
Robb EngleDirector, Technical Services
Steve HarshbargerVP/Director, Electronics &
Advanced Energy SBU
Claudine CordaCorporate Secretary
Christopher Coccio
Chairman & CEO
Christopher CoccioJoseph RiemerSamuel SchwartzEdward HandlerDonald MowbrayPhilip StrasburgEric Haskell
Ed BozydajDirector, Manufacturing &
Operations
Joseph RiemerPresident
Joseph DeMaioService Manager
Stephen BagleyChief Financial Officer
Board of Directors
Claudine CordaSales and Marketing
Support
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2011 Corporate Highlights
Unprecedented growth
• Strongest growth in Company’s history, up 37% in sales • Over seven fold increase in net profit, to almost $.04 per share• Record backlog heading into new fiscal year • Purchase of the Industrial Park where we were leasing to insure
space for current and future growth• Significant growth in alternative energy coating applications, both
fuel cells and solar energy• Continued success and growth in implantable medical device
coating sales• Maintained minimal debt levels and grew cash balance• Expansion of glass line coating applications into new markets• Strong recovery in electronics printed circuit board fluxing
applications• Continued balance sheet strength
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Financial Results FY2011 (in thousands of U.S. dollars)
Sales Income
Business Development Plan Investments Caused Dip in 2008 and 2009
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Growth Plan for FY2012Electronics & Advanced Energy
• Continued focus in Solar markets– Target key accounts to bring from R&D to production
volume
• Continued focus on new high tech markets that were started in FY2011
– OLED– Mems
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• Concentrated efforts on well known successful markets.1. Glass2. Medical Devices3. Nozzles/WideTrack
• Uncovered niche markets.1. Dryer Sheets2. Orthopedics3. Balloons/Catheters
• Added much needed resources.
Key Factors to SuccessUltrasonic Coating Solutions
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Food Industry Update
Business Focus
USA GLOBALLarge food
manufacturers with multiple applications and multiple plants
Network of Distributors, Reps and
OEM partners
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Food Industry Update
Technology Focus
BAKED GOODS
ANTI-MICROBIAL AGENTSFor enhanced safety,
shelf life extension
OilsFlavoring
GlazesMoisture Barrier
CheeseBaked Goods
Ready to EatMeat & Poultry
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Worldwide Sales FY2011Total Sales from Both SBUs
12%
39%38%
9% 2%
Europe
US & Canada
Asia
Mexico & Latin America
Other International
• 61% International sales• Asia continuing fastest growth
– 32% 38% of total sales
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Looking Forward
• We look forward to continued expansion in the markets where we have been successful, and to creating new successes around our strong core technology in other markets that can benefit from our ultrasonic atomization spraying and coating systems.