Dr. Christopher L. Coccio, Chairman and CEO at Sono-tek, attributed the increase to the company's recent business development program. He also noted that the sales increase was based on products such as the Exactacoat and Flexicoat, which serve the solar and fuel cell markets, the new SonoFlux EZ and Servoflux, which serve previously unserved segments of the electronics industry, Widetrack systems for glass customers, sales of medical device coating systems, and SonoDry ultrasonic spray dryers for the pharmaceutical and nanotechnology industries. Most of these products were developed as part of the business development program announced and initiated a year ago, and they explain the company's positive sales performance in a negative economic climate, particularly within the electronics industry.
Dr. Coccio also noted, �The food industry initiative, headed by Dr. Joseph Riemer, President, has reached some important milestones. During the past quarter we introduced the advantages of our ultrasonic spraying technology to global food manufacturers of baked goods, cheese, and biodegradable food packaging. Furthermore, we demonstrated in our laboratory the financial cost benefits our systems provide for numerous applications, and we are now proceeding with the installation and field tests of industrial scale systems at three major food manufacturing facilities in the USA and abroad.�
Most of these applications are aimed at providing Sono-tek customers with a reduction in their production costs, and Dr. Coccio believes there will be a significant future sales opportunity for Sono-Tek, especially during this period of general economic downturn.
About Sono-Tek Corporation
Sono-Tek is the world leader in the development and application of liquid ultrasonic atomization technology into nozzle systems and spraying and coating application systems. Compared to conventional pressure spraying methods, the company's ultrasonic nozzles do not clog, reduce liquid usage, waste, and environmental impact while achieving much more precise, uniform, thin film coatings. Sono-Tek is continually developing new applications for its unique technology, replacing wasteful practices in a world that is growing ever more environmentally sensitive. For more information, visit the company at http://www.sono-tek.com.