After a strong 2011 and a quick start in 2012, we saw a pull back with global financial concerns and yet another year of uncertainty both in the electronics industry and the global economy as whole. 2012 mustered some energy in Q4 but still saw a good amount of purchasing push off until 2013.
2013 like the beginning of 2012 is full of potential with several of the orders we saw push of in Q4 2012 immediately back in the hunt for Q1 2013. This leaves us projecting a strong 2013.
We will continue to differential ourselves with vapor phase innovation and the strongest most knowledgeable vapor phase team in the world. We have a few new innovations planned for implement across our product line this year making our equipment even more cost effective to run and delivering our lowest cost of ownership ever.
We will continue to push into new markets with both our vapor phase reflow and rework systems as we continue to educate the industry on both of these processes.