2011 was solid year despite challenges in Europe and a slow recovery in North America. We exceeded our revenue targets and had another strong performance on the operating profit line. Our Manufacturing Test Systems group had an exceptional year with record revenues and strong demand for our flag ship Flying Scorpion systems.
In 2011, our continued focus on the semiconductor industry started to pay off, with multiple orders from customers in Asia, Europe and the Americas.
Our Test Services business had a terrific year in 2011 and enters 2012 with a healthy backlog and very good prospects in the semiconductor, defense and commercialboard test sectors. With expanded R&D and customer support plans, we are leveraging our worldwide resources to accelerate our growth.
Acculogic also celebrates its 20-year anniversary in 2012. Since its founding on August 18, 1992, Acculogic has delivered a wide range of automated testing products and services to customers around the world.
