CEO Luxton Increase Quotations

We intend to achieve the full amount of savings in the original plan and we continue to look for further economies as we work to restore profitability through lower costs and increased revenues. We expect to be able to provide an update on our progress in the very near future.

We are pleased to be able to report that the operating loss in the first quarter narrowed significantly over the previous quarter. This reflects a reduction in selling and administrative expenses due to cost savings measures that we have implemented since the fiscal year began. With further cost-savings still to take effect and with a significant increase in new order intake since Dec. 31, we foresee much stronger operating results for the balance of 2006.