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Organization

Organization. Christopher Coccio Chairman & CEO. Board of Directors. Christopher Coccio Joseph Riemer Samuel Schwartz Edward Handler Donald Mowbray Philip Strasburg Eric Haskell. Stephen Bagley Chief Financial Officer. Claudine Corda Corporate Secretary. Joseph Riemer President.

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Organization

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  1. Organization Christopher Coccio Chairman & CEO Board of Directors Christopher Coccio Joseph Riemer Samuel Schwartz Edward Handler Donald Mowbray Philip Strasburg Eric Haskell Stephen Bagley Chief Financial Officer Claudine Corda Corporate Secretary Joseph Riemer President Steve Harshbarger VP/Director, Electronics & Advanced Energy SBU Ed Bozydaj Director, Manufacturing & Operations Robb Engle Director, Technical Services Joseph DeMaio Service Manager Luis Abarca Director, Ultrasonic Coating Solutions SBU Claudine Corda Sales and Marketing Support

  2. 2011 Corporate Highlights • 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 Unprecedented growth

  3. Financial Results FY2011(in thousands of U.S. dollars) Sales Income Business Development Plan Investments Caused Dip in 2008 and 2009

  4. Financial Results FY2011(in thousands of U.S. dollars) Cash Balance Debt to Equity

  5. Electronics & Advanced Energy

  6. Growth Plan for FY2012 Electronics & 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

  7. Ultrasonic Coating Solutions

  8. Ultrasonic Coating Solutions Key Factors to Success • Concentrated efforts on well known successful markets. • Glass • Medical Devices • Nozzles/WideTrack • Uncovered niche markets. • Dryer Sheets • Orthopedics • Balloons/Catheters • Added much needed resources.

  9. Food Industry Update Business Focus GLOBAL USA Network of Distributors, Reps and OEM partners Large food manufacturers with multiple applications and multiple plants

  10. Cheese Oils Baked Goods Flavoring Ready to Eat Glazes Meat & Poultry Moisture Barrier Food Industry Update Technology Focus ANTI-MICROBIAL AGENTS BAKED GOODS For enhanced safety, shelf life extension

  11. Worldwide Sales FY2011 Total Sales from Both SBUs 2% 9% 12% Europe US & Canada Asia Mexico & Latin America 38% Other International 39% • 61% International sales • Asia continuing fastest growth • 32% 38% of total sales

  12. 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.

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