Schmitt Industries Inc. (SMIT)

[Penny Roger$]

Schmitt Industries, Inc. designs, manufactures and markets computer-controlled vibration detection and balancing equipment (the Balancer Segment) primarily to the machine tool industry. The Company operates in two operating segments: the Balancer segment and the Measurement segment. Through its wholly owned subsidiary, Schmitt Measurement Systems, Inc. (SMS), the Company designs, manufactures and markets precision laser-based surface measurement products for a variety of commercial applications in addition to the disk drive, silicon wafer and optics industries; laser-based distance measurement products for a range of industrial applications; and ultrasonic measurement products that accurately measure the fill levels of liquefied propane tanks and transmit that data through satellite to a secure Website (the Measurement Segment). It also sells and markets its products in Europe through its wholly owned subsidiary, Schmitt Europe Ltd. (SEL), located in the United Kingdom. >>> http://www.google.com/finance?&q=SMIT