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SonoTek Announces First Quarter Results |
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Sono-Tek Corporation, the leader in ultrasonic spray coating equipment, announces first quarter sales ending May 31, 2008 where up by 31 percent compared to the same quarter last year.
Dr. Christopher L. Coccio, Sono-Tek's Chairman and CEO, said, “Sales increased versus last year in spite of softness in some of our markets, particularly the North American electronics segment. The increase is attributable to the business development program that the Company has been pursuing over the last several quarters that include the introduction of several new products in the advanced energy field for fuel cells and solar cells, a new line of reciprocating ultrasonic spray fluxers and new products in the glass and medical coating area. Sono-Tek plans to continue directing a significant portion of our income to this growth strategy over the next year or two with the intent of expanding the use of our core ultrasonic technology.”
Sono-Tek Corporation is a leading developer and manufacturer of liquid spray products based on its proprietary ultrasonic nozzle technology. Founded in 1975, the Company’s products have long been recognized for their performance, quality, and reliability. For more information, visit the company at www.sono-tek.com. |