Cogiscan has been growing rapidly over the past year and we expect this trend to continue and even accelerate in 2014. We see increased demand for Track, Trace and Control solutions from all segments of electronics assembly. We have several major corporate deals for which we need to implement our system in multiple sites in 2014. To support this growth we are planning to hire additional resources throughout the year, mainly in software development,application engineering and technical support.
In 2014 we also will introduce several new products that will have a significant impact on our customer's bottom line. Companies are investing in this type of software system to optimize existing operations and reduce costs through real-time visibility and reporting, error-proofing and traceability. We look forward to a very exciting year in 2014.