OEM and Tier 1 suppliers will utilize more laser-welded blanks over the next few years. In addition, since the OEMs normally utilize our product for the production life of the car, we can somewhat anticipate our revenue for the next three to five years. Despite the cyclical nature of the automotive industry, having a reasonable prediction of future revenue is a nice benefit. Of course, production volumes can change which will impact revenue and profit. The logistics side of our business is customer driven.
Marketing is a continuous requirement and an integral part of any entity s success.
Over the next 12 months we will continue to cut costs and efficiently integrate the logistic entities we recently acquired. We anticipate that we will emphasize larger distribution accounts for future growth. We have significant booked revenue through 2007. Our prospects continue to be strong. Our debt is very manageable.