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TRCPA

05/29/14 5:48 AM

#46320 RE: rj2 #46319

RJ.......the KDS now has widespread exposure throughout the world for growing numbers of applications. FASC can't control how some random companies operate. In addition, the entire world is in green mode and wide varieties of incentives range from carbon credits to attractive financing to government grants, and are the worldwide norm now. Like it or not, that is a fact that will continue on into the foreseeable future.

The huge new market for wood pellets in Europe and Asia has been created nearly wholecloth out of the need to comply with newly created Kyoto - related standards, by transforming power facilities from coal to biomass.....and represents a big opportunity for the KDS.

The key for company and pps growth is continuing KDS sales and KDS-related projects, as has been shown to be the case this FY. And build on that with some of the bigger projects that we have been following here in North America and overseas in Malyasia, Indonesia, Hong Kong, etc.