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2 Organization Luis Abarca Director, Ultrasonic Coating Solutions SBU Robb Engle Director, Technical Services Steve Harshbarger VP/Director, Electronics & Advanced Energy SBU Claudine Corda Corporate Secretary Christopher Coccio Chairman & CEO Christopher Coccio Joseph Riemer Samuel Schwartz Edward Handler Donald Mowbray Philip Strasburg Eric Haskell Ed Bozydaj Director, Manufacturing & Operations Joseph Riemer President Joseph DeMaio Service Manager Stephen Bagley Chief Financial Officer Board of Directors Claudine Corda Sales and Marketing Support

Corporate Highlights Unprecedented growth Strongest growth in Company’s history, up 37% in sales Over seven fold increase in net profit, to almost $.04 per share Record backlog heading into new fiscal year Purchase of the Industrial Park where we were leasing to insure space for current and future growth Significant growth in alternative energy coating applications, both fuel cells and solar energy Continued success and growth in implantable medical device coating sales Maintained minimal debt levels and grew cash balance Expansion of glass line coating applications into new markets Strong recovery in electronics printed circuit board fluxing applications Continued balance sheet strength

4 Financial Results FY2011 (in thousands of U.S. dollars) SalesIncome Business Development Plan Investments Caused Dip in 2008 and 2009

5 Financial Results FY2011 (in thousands of U.S. dollars) Cash BalanceDebt to Equity

6 Electronics & Advanced Energy

7 Growth Plan for FY2012 Electronics & Advanced Energy Continued focus in Solar markets –Target key accounts to bring from R&D to production volume Continued focus on new high tech markets that were started in FY2011 –OLED –Mems

8 Ultrasonic Coating Solutions

9 Concentrated efforts on well known successful markets. 1.Glass 2.Medical Devices 3.Nozzles/WideTrack Uncovered niche markets. 1.Dryer Sheets 2.Orthopedics 3.Balloons/Catheters Added much needed resources. Key Factors to Success Ultrasonic Coating Solutions

10 Food Industry Update Business Focus USA GLOBAL Large food manufacturers with multiple applications and multiple plants Network of Distributors, Reps and OEM partners

11 Food Industry Update Technology Focus BAKED GOODS ANTI-MICROBIAL AGENTS For enhanced safety, shelf life extension Oils Flavoring Glazes Moisture Barrier Cheese Baked Goods Ready to Eat Meat & Poultry

12 Worldwide Sales FY2011 Total Sales from Both SBUs 12% 39% 38% 9% 2% Europe US & Canada Asia Mexico & Latin America Other International 61% International sales Asia continuing fastest growth –32% 38% of total sales

13 Looking Forward We look forward to continued expansion in the markets where we have been successful, and to creating new successes around our strong core technology in other markets that can benefit from our ultrasonic atomization spraying and coating systems.

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