heaps of sales revenue to come

The following is an extract from the company’s newsletter. The expected sales are going to be phenomenal

…..Following the successful conclusion of a two year program of extensive evaluation by the United States Federal Aviation Authority’s (FAA) Airworthiness Assurance Center and durability testing on commercial aircraft operated by US airlines, The Boeing Company agreed to include the Company’s Comparative Vacuum Monitoring (CVM) structural health monitoring technology into the Boeing Common Methods NDT (non-destructive testing) manual.
…..It is the first time that an aircraft manufacturer has agreed that an in-situ sensor can be used as alternative means for traditional maintenance and manual inspection techniques and is a major breakthrough for SMS. Following this major development the Company has now commenced a major marketing program of CVM technology to Boeing aircraft operators throughout the world.
…..In addition SMS will be attending a major international conference on managing aging aircraft to be held in California on 16th to 19th April.
……During Airbus’s visit to Perth and a subsequent meeting in Germany, discussions were advanced regarding the inclusion CVM into the design of the next new Airbus aircraft.
…..SMS’s Australian and UK based military aircraft qualification activities are progressing on track and are due to be completed by mid 2007. The culmination of activities in Australia will be an audit by Director General Technical Airworthiness (DGTA) of the results of the laboratory based performance testing by DSTO in Melbourne, currently at its final stage, and also the engineering and manufacturing quality management systems that will enable SMS to provide qualified CVM applications to military customers.
In the UK the trial activities being funded by the Ministry of Defence are also well advanced it has been agreed that the results of the DGTA audit will be accepted by the RAF and Royal Navy in the UK. A decision by the RAF and BAE SYSTEMS regarding the acceptance of the use of CVM on their Nimrod aircraft is expected soon.
…..In summary SMS is well positioned for growth in sales in the civil and military aerospace and automotive sectors during second half of 2007.