mad mad world, page-11

re: its a great report
* Only company providing professional integrated services to hospitals and surgical and medical skills training centres, including high accuracy simulators
* Strong, growth prospects and competitive market position
* Superior product portfolio
* Strong Strategic Alliances with international medical decision makers, including Royal College of Surgeons in England
* Establishing key distribution channels on an international scale
* Operations in Australia, UK, China and Hong Kong
* Expected revenues of $3m for FY 06, expected to significantly increase
* Expected to be cash flow positive during 2nd half 2007
* Experienced Board and Management team
* Re Pulmosonix side of business ... Negotiations are currently underway with a company in a complementary area of respiratory management to form a commercial partnership under a separate listed vehicle resulting in crystallisation of asset value and removing the cash burn component from PBI (approx. $700k pa).