Given all the geo-political uncertainties, it is difficult to accurately predict the 2012 SMT capital equipment market, however, the general consensus seems to call for modest growth in the New Year and I have no reason to dispute that.
From the Speedprint perspective, I am looking forward to a great New Year. We live in more austere times where consumers become more discerning and look deeply for value.
That value is not only defined by the actual purchase price and functionality, but also the costs that are incurred in subsequent years with respect to maintenance, spare parts and long-term support policies. That in-depth examination will serve Speedprint well as those are areas of significant differentiation and highlight our customer friendly operating philosophy.
Additionally, 2012 will formally launch our new Advanced Dispense unit (ADu) as well as our presence in the South American markets. I do expect Speedprint will exceed the growth pace predicted for the broader SMT market, and that will likely accelerate requirements to add personnel in the second half of the year. In 2012, Speedprint will continue to redefine what users can expect from their screen printer investment.
