Airex brings the virtues of small company dedication with 50 years of expertise to the marketplace. We apply our technology to both domestic and international markets. We believe that the quality of service to our customers and the products we produce provide end-users with the best opportunity to succeed in a very competitive environment.
We continue to develop our technology base as a fundamental component of our mission. Product innovation will introduce new opportunities for our customers in the markets they serve. While our low cogging rotary motor was once termed "the quietest motor ever tested in this country", our linear designs are now credited with the highest thermal efficiency. This focus on performance has been acknowledged with a variety of new contracts awarded in both product development and manufacturing areas. We have also received international recognition, and numerous patent awards as a result of the company's innovative thinking and groundbreaking implementation of technology.
We will continue to implement our designs in high performance markets. We anticipate new technology in magnetic bearings applicable to the semiconductor market, the medical industry, the US defense program in space and the European space program. Automated manufacturing systems and numerous other markets are candidates for this technology as it matures. The common thread through these markets will be the requirement for cutting edge performance and the highest levels of quality.
Our goal is to define our position in the world marketplace as providers of innovative solutions that will meet and exceed our customer's needs. We are...
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