Thanks Larry, been busy. I like the results and the
overview, >>Commenting on this latest financial report, Mr. Yaky Yanay, Chief Financial Officer of EVS, said: "The culmination of 2005 as an eminently profitable year, after seven years of losses, is the strongest possible evidence of the successful completion of the turnaround of the company. Throughout 2005 we focused on integrating our structure and technologies, as well as reducing our operational costs, while continuing to provide better comprehensive solutions to our valued customers.
"We are very pleased with our financial results and the ongoing increase in our revenues and the encouraging improvement in our overall financial results. By end 2005 we have succeeded in leveraging our business via 2004 acquisitions and have reached a new era of profitable growth.
"With a steadily growing demand for all our product lines we are confident that we have taken the optimal structural and organizational steps to improve our profitability. We have prioritized on enhancing yield and increasing our market share for our optical and ultrasonic inspection systems - especially in emerging markets such as India and China - and are realizing a high level of success with this strategy.">>
Regards,
Dubi
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