Cryogenic Product Price Increase

Stainless steel and aluminum are the main components of our cryogenic products which have continually increased in price as demand is exceeding supply. In addition, the increasing cost of fuel has impacted us through both transportation and supplier pricing. We have placed a main focus on reducing our manufacturing costs to counteract these costs through lean production and careful management of our raw materials. Even though these efforts have allowed us to take in a considerable amount of the price increases, however in order to recoup our losses, we were forced to increase prices by an average of 2% effective July 1st. The mass of our competitors have raised their base prices within the last few months and feels certain that our new pricing levels along with the new TEC-3000 cryogenic controller will make possible for you to carry on to gain business in your territory. Starting July 1st 2006 these new prices will be applied to all new orders received.