Ann: Annual Report to shareholders, page-2

Originally posted by ASX News ↑

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‘....In-depth characterization of the Simplified Structure revealed that with relatively slight adjustments to the structure design, and / or newly developed electronic and algorithmic controls, the simplified structured devices can be evolved into a commercially viable product that offers a number of commercial advantages, not the least of which would be a dramatic reduction in fabrication costs. This effort is underway, running in parallel to our standing technology commercialization plan associated with the full structured devices.

Perhaps the most noteworthy achievements of this period are associated with acoustic development and testing using wafers that incorporate the newly designed charge suppression mechanism. While the fabricator is in the latter stages of refining the fabrication processes, nonetheless early wafers delivered exhibited performance and reliability that are incomparably superior to anything the Company has received in the past. These early deliveries have enabled the Company to make tremendous strides measuring and refining the drive electronics and acoustic output of the devices. The devices have already been proven to play music!....’