To: GARY P GROBBEL who wrote (77536 ) 8/17/2008 2:32:23 PM From: GARY P GROBBEL Read Replies (1) | Respond to of 120416 SWTX..worth another look. Worldwide energy conservation is coming SWTX's way. Look at their products..it's a lock. These guys are growing, making more and more dough and the plate is set for that to continue to ramp up. This is another blue chip that will emerge here over next year or so. Ticked at 1.69 tops on 2 day vol of 800,000...huge for this company...and settled at 1.50 Fri. Hope to convince them to do a conf call end of next qtr. Southwall Announces Q2 2008 Results Tuesday August 12, 7:45 pm ET Increased Global Demand for Energy Efficient Products Drives Continued Growth in Second Quarter PALO ALTO, Calif.--(BUSINESS WIRE)--Southwall Technologies Inc. (OTCBB:SWTX - News) announced second quarter 2008 revenue of $13.7 million, up 29.5% from $10.6 million in the first quarter of 2008 and up approximately 48% from 2007 second quarter revenues of $9.3 million. The year over year increase was primarily due to higher sales of Automotive and Window Film products, which offset the decline in Plasma Display revenues. In 2007, the Company made a strategic decision to exit the low margin display business and focus on its core energy efficiency products. For the first six months of 2008, revenues were $24.3 million, a 23% increase over 2007 revenues of $19.8 million. Second quarter net income increased to $2.2 million, or $.07 per diluted share, compared to net income of $0.3 million, or $.01 per diluted share, in the second quarter of 2007. The second quarter of 2007 included $1 million of other income from sale of a technology and services in 2007. Year to date 2008 net income was $4.1 million, or $.13 per diluted share, compared to 2007 year to date net income of $0.5 million, or $.02 per diluted share. Second quarter 2008 gross profit was $5.7 million, or 42% of sales compared to $2.7 million, or 30% of sales in last year’s second quarter. Operating profit was $2.8 million, or 20% of sales, compared to negative $0.4 million in the second quarter of last year. A shift in product mix to higher margin, energy conservation products, improved operating efficiencies and continued cost management efforts were the significant factors contributing to the profit improvement. “We are well positioned for growth in our core energy markets, where our products enable a new level of energy efficiency for green building and automotive design,” said Dennis Capovilla, Southwall’s CEO. “Demand for improved energy efficiency in the automotive and window film markets is reflected in our second quarter results. Due to the seasonality of our business, the second quarter is an important quarter and a significant contributor to our annual revenue and net income.”“Southwall is committed to continued product innovation and channel expansion to meet an increasing global demand for energy efficiency in buildings and cars,” continued Capovilla. “The recent growth in sales highlights a growing consumer awareness of energy efficiency as a cost-effective and readily-available green technology choice that can have an immediate impact on saving energy and reducing carbon emissions.” About Southwall Technologies Inc. Southwall Technologies Inc. is recognized as an innovator in the development and manufacture of high performance, energy-saving films and glass products that dramatically improve the energy efficiency of architectural and automotive glass. Southwall is an ISO 9001:2000-certified manufacturer with customers in over 25 countries around the world, including Audi, BMW, DaimlerChrysler, Guardian, Peugeot-Citroen, Philips, Pilkington, Renault, Saint-Gobain Sekurit, and Volvo.