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Strategies & Market Trends : Aardvark Adventures

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To: ~digs who wrote (2619)	12/2/2006 6:35:54 PM
From: RikRichter	Read Replies (1) of 7944

From SOTK's October 12, 2006 PR: >>>According to Dr. Christopher L. Coccio, Sono-Tek's CEO and President, "We are continuing to invest time and money in the creation of new products to meet the needs of both the developed and developing world, and the evolution of the electronics and medical industries where we have a significant presence. We are also working to create new business opportunities for our WideTrack coating systems, extending from glass to textile applications to medical coverings in the past year. In addition, we have recently begun an initiative to develop WideTrack coating opportunities in the food industry, particularly as that industry turns to coating technology that includes nanotechnology to prevent spoilage, improve flavorings, and to reduce costs." Sono-Tek has also recently announced the opening of our Chinese office, and the creation of a Chinese language website. We continue to see opportunities for growth in both China and other parts of Asia, and our new office will help us serve these markets more effectively.<<< All this and if you annualize Q2 EPS you get a P/E of only 15 with an $18 Million market cap.

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