annual report out, page-2

The end of this year and first Q next year should
be a ripper of a time for SLX holders.


GLE intends to use information from the Test Loop
to make a decision in late 2009 on whether to
proceed with construction of the full-scale commercial
production facility. If the decision is made to proceed
with construction, the GLE commercial production
facility would have a target capacity of 3.5 to 6 million
Separative Work Units (SWUs).

This exciting opportunity allows Silex to accelerate the
start-up of its commercial solar business in a relatively
short time, with initial sales targeted to commence in
Q1 2010.

the newer REO-silicon based
photonics materials could include visible LEDs and
optical interconnects for ‘super chips’. Unlike the
original Caltech work that was based on optically
pumped devices, this new photonics project will
endeavor to engineer a solution for electrically driven
devices, making incorporation into LED’s and/or chip
interconnects much more practical. A new round of
wafer processing is underway to evaluate the potential
of these materials, with results expected before the
next major update in the first quarter of 2010

manufacturing, marketing and sales of electronic
instrumentation products will commence as
soon as some confidence returns to the
relevant instrumentation markets, which have
undergone significant contraction during the
current economic recession. It is expected that
this will occur sometime in 2010. In the mean
time, ChronoLogic continues to add new products
to its product range.