Preliminary To-Date Sales Trends
· High Power Fiber Laser Cutting Systems growth of +70% annually in north America
· HPFLCS minimum growth of +300% annually
· Approximately 1500 High Power Laser Cutting machines sold in North America annually
· Sheet Metal Fabricators are converting over to Fiber Laser Systems from CO2 Systems
Jeff Cornell, Director of High Power Sales , said, “We look forward to illustrating our global awareness of these systems and continue to build our recognition in North America, led by aggressive direct sales, strategic partnerships, new office locations, and a strong distributor network. We believe that these are the key elements to reach our target market share goals of 5-10%.”
Laser Photonics Sales Expectations Breakdown 2009
Fiber System Wattage Sales Increase
1KW 150%
2KW +80%
3KW-6KW 110%
7KW-9KW + 35%
10KW 350%
Benefits of High Power Fiber Laser Cutting Systems:
* Less Power Consumption (Reducing Energy Costs) * Longer Diode Life (Reducing Maintenance Cost) * The Same Unit Can Cut, Mark, Weld or Drill (Reducing Equipment Costs) * Less Maintenance (No lamps to replace or Mirrors to Clean or Align) * More Compact (Systems Take Up Less Valuable Floor Space) * Easily Upgradable (Can Grow and Change Directly with Your Applications) * Quick Installation and Start Up (Reduce Production Downtime) * Fastest Cutting and Marking Speeds (Increases Production Speed and Output) * Easy Integration (Can Quickly Be Integrated Into Any Production Processes) * No Consumable Gases (Eliminates Expensive Annual Gas Costs
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include those identified by such words as may, will, expect, project, anticipate, believe, plan and other similar terminology. These "forward-looking" statements reflect management's current expectations regarding future events and operating and financial performance and are based on currently available data. However, actual results are subject to future events and uncertainties, which could cause actual results to differ from those projected in this announcement. Accordingly, you are cautioned not to place undue reliance on forward-looking statements. For more information about Laser Photonics and its systems, please visit http://www.laserphotonics.com/.
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