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Strategies & Market Trends : Greater China Junior Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (997)	11/20/2005 9:56:52 PM
From: JCS	Read Replies (1) \| Respond to of 1992

I was surprised to see HURC on your list. Can you explain that? In 1968, Edward Humston and Gerald Roch had an idea and founded Hurco in Indianapolis, Indiana. The following year, the company introduced Autobend®, the first numerically controlled press brake gauging system – and an industry leader was born. After becoming a publicly-held corporation in 1971, Hurco expanded overseas with the founding of Hurco Europe Ltd. in the U.K. Moving further into worldwide industry leadership, "conversational programming" was introduced to the shop floor in 1976. Through the 1980s, Hurco continued to grow, utilizing new ideas to address a quickly changing business, from the development of the interactive, twin-screen, UltiMax CNC control, to acquiring a patent for its Interactive Machining System methodology. During this period the company expanded its market presence in Europe by establishing operations in Germany and France. Finally in 1989, Hurco successfully completed a common stock offering. The 1990s were challenging for Hurco and the global industry at large. In 1995, Hurco rose to the occasion, showing the benefits of its three-year restructuring plan by lowering costs, improving efficiency, and expanding its product line. Today, with its improved financial profile, Hurco continues to invest in bringing innovative products to the marketplace.