1. Worldwide Exports Quarter 4

2. Quarterly Update n Electronic Division n CD Division n Electronic Instruments Division

3. Market Conditions n Opportunities –Pent-up demand –Lower tariffs –Lower interest rates n Challenges –Increasing competition –Higher freight codes –Materials shortage

4. Overall Status n High Customer Satisfaction n Introductions of New Technologies n Increase Sales Worldwide n Imported Electronic Instrument Division Launched

5. Electronic Division n Primary Goal = Become Worldwide Leader Number 1

6. Electronic Division Status n Record Earnings –Revenues increased 54% –International sales heading sales growth –Revenues per employee to exceed $150K n Rising Competition n Emerging Markets Yield Biggest Payoff

7. Electronic Instrument Division n Primary Goal = Increase Gross Margin

8. CD Division Status n Gross Margin up by 4%

9. Key Issues

10. Worldwide Services n Berlin n Buenos Aires n Nairobi n New York n Tokyo