In 2012, we expect another year of double-digit sales growth, led by our continued growth in both the electronics manufacturing and contract manufacturing markets thanks to on-going increases in production capabilities within our company and increased demand of our services from customers. With the addition of several new machines near the end of 2011, COT is increasing manufacturing and production capabilities while maintaining the consistent quality and reliability our customers have come to expect with our products over the last 20 years.
Currently, we are working on a revised release candidate for our new StripFeeder product line that will revolutionize the way EMS companies handle prototyping and low-volume, high-mix applications. Our new design will allow for quick changeovers between product runs while simplifying the component feeder process and providing significant cost savings. We also will be releasing a low cost alternative PCB board support system in early 2012 to compete with high cost, complex systems already on the market. We are excited about these new innovations and how they can further assist EMS providers in our industry to cut costs in troubled economic times.
We expect to see continued growth in the industry as electronics companies continue to keep up with a tech-conscious market that demands the latest and greatest in tech products. These products are changing people's lives in how they receive information, communicate, socialize with others, learn, and are entertained.
