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Re: WardOffMonkey post# 57686

Wednesday, 04/04/2007 1:12:01 PM

Wednesday, April 04, 2007 1:12:01 PM

Post# of 92056
From the Pacific Insights Electronics Corp.(PI) MD&A for 12/31/06. Pacific Insight Electronics Corp. has established itself as a niche player in the Specialty Vehicle,Heavy Truck, Automotive and Marine electronics markets. PI had total revenues of $39.3 million for the year ended June 30, 2006.

Capitalized product development:
Capitalized product development: Capitalized product development costs were $142,000 in the quarter versus $188,000 in the comparative quarter. Capitalized product development costs were $341,000 in the six months year to date versus $378,000 in the comparative period. The projects that were capitalized in the quarter were predominately in the heavy truck industry and included gauges, LED lights and electronic modules.