new board, now new revenue, page-11

Take time to read todays announcement, says it all really....the re-rate is now on with a group of focussed and dynamic company making exec's taking the bull by the horns.

EXCERPT FROM TODAYS NEWS :

"Within our leadership team, we are working diligently to enhance and streamline our lines of communication. We have integrated our sales and marketing team with our manufacturing and quality control team. The result is an enhanced process to identify problems and more importantly, a much more robust means to address them. Whereas in early September we were product constrained, our professional manufacturing team has markedly improved its product shipment cycle. We shipped more hardware in the month of October than in the previous three months combined. This trend will accelerate in the coming months.
In order to accommodate the growing need (and demand) for our products in key markets, we plan to expand our manufacturing capacity by up to 5 times by the end of Q2, 2011. To help our manufacturing team, led by Igor Naroditzky, accomplish this, late last month we
welcomed Bill Nicklin to our manufacturing team. As the founding VP of Manufacturing at ResMed, Bill has vast experience and standing as a manufacturing and quality control expertwith more than 20 years of proven track record of transitioning prototypes to globally successful products in the biomedical device arena."


Finally we will have our Resmed Mark 2 hit the world stage!!

Well done new team, will definately be attending this AGM and give them a solid round of applause for what they have achieved in this short time frame.

Good luck to all holders!!

DYOR