Revenues were strong in North America led by sales of metal finishing products to our industrial customers and complimented by sales of equipment to our electronics customers.
European sales continue to be strong.
Asia reported higher sales in local currencies, however exchange rates caused the comparison to shift from positive to modestly negative. Currency exchange continued to have a negative impact on revenue comparisons. Revenues, particularly in Asia, showed encouraging signs late in the quarter. We are increasingly concerned with the worldwide macro-economic outlook, however, we are still enjoying significant momentum for MacDermid products. Investors should also be aware of factors which could have a negative impact on those prospects.