The 2008 order levels for the CVD/FN and SDC divisions increased by 146% and 58% respectively, while the Conceptronic division decreased slightly by 3% compared to 2007 order levels. The CVD/FN and SDC divisions have benefited from the increased business interest in energy generation and energy savings fields. The company anticipates this trend to continue. The Conceptronic division was impacted by the downturn in the electronics industry over the last two quarters. The company expects this trend to continue at least through the first two quarters in 2009.
The demand for energy savings, energy generation materials and products needed to address rising energy costs creates a growing demand for manufacturing solutions using thin film coatings on glass, wafers and other substrates. Using its application laboratory, the company will perfect and expand the multiple areas where low cost thin film manufacturing solutions can be applied and further optimize our proprietary and patent pending technologies for cost and performance. The solar, energy and power semiconductor markets that the company is addressing with multiple products have significant growth opportunities for technologies that deliver favorable cost benefits. These fields should benefit further from a renewed drive for energy savings and generation driven by President elect Obama’s administration.
