No CMC and IMT have been in the frame a for several months, long...

No CMC and IMT have been in the frame a for several months, long before the departure of Dr Chaffey.
One does the chip fabrication, one applies the coatings.

I have to wonder why they were chosen, considering Terry is saying how Asia is so important to us, particularly for fabrication. or are we just using CMC and IMT to manufacture the first batch and once its 100%, we go full scale in Asia?

But yes, not having the Lumimems chip and reader ready as an off the shelf item will no doubt delay its take-up. I do sense a change in mood at PSY, and not down to shareholder pressure.
I think we have moved a couple of steps closer to production this week, and if that is the case, contracts won't be far off.
When Terry said PSY will be revenue earning this year, did he mean financial year 14/15, or years end 2015?
I do feel that Patersons coverage and the press Advertorial have been timed for a reason.