Comments on the year 2009:
“In 2009 we have noticed the first signs of recovery from the impacts of the financial crisis on global markets. In 2008 events linked to this financial crisis had impact on the demands for Company products and services, as well as impact on the capital markets in general and on the capacity of corporations to obtain financing for their current and long-term operations, which in turn impacted the Company’s growth rate that was reported in recent years. With more than two decades of experience, and in light of year 2009 results, I continue to believe as always in the ability of the Company to handle market changes, to dynamically adjust itself in challenging periods and to continue its growth in activities worldwide.”
“Unitronics won this year a contract to build the new automated distribution center of SLE. This is the second project in which the TEVA group chooses Unitronics. It is one of the largest, advanced and complex centers in Israel. We consider it as a significant achievement, which is consistent with the continuing trend of increasing penetration of automated logistic technologies into various organizations worldwide, resulting in projects performed by Unitronics to international and local companies such as Teva, Intel, Coca-Cola, Home-Center and more. In general, Unitronics strives to position itself as a leading entity in the field of automated logistic systems and automated parking systems, and to expand its activity in this field overseas via export of its technological capabilities. In addition, we successfully applied our automated logistics knowledge and experience to the emerging field of Automated Parking, and we believe in our capability to expand furthermore our operation in this field worldwide.”
“In the products sector, Unitronics continues to position itself as a leading factor in the field of control and automation products in the world, in niches and markets in which its products have added value and a relative advantage. These niches includes especially the fields of nano and micro PLCs, and small PLCs with integrated HMI, incorporating decentralized and communications capabilities and support of networks. Our target market segmenting indicates mainly the manufacturers of small and medium machines that require economical, advanced, and integrated control solutions, as well as constructors of systems that require solutions for remote control or collection of information by communications. With a view to realizing these objectives, we plan to continue improving existing products as well as developing new products, on the basis of continuous analysis of users’ needs and market trends, as well as responses from our distributors and customers and the level of satisfaction as expressed in our international distributors conferences. Currently we have more than 140 distributors worldwide and a subsidiary in the USA and we intend to continue to develop our international distribution network. We also continue to verify from time to time worldwide business opportunities, in order to further develop both our marketing and technological strength.”
March 4, 2010