180 Van Riper Avenue •Elmwood Park, New Jersey 07407 • Telephone 201-791-0700 Fax 201-791-8015

September 28, 2012
To Our Stockholders:
As many of you know, we sold our Kreisler Polska Sp. z o.o subsidiary to United Technologies Holding SAS (a subsidiary of United Technologies Corporation) on July 6, 2012. Due to significant delays in the delivery of needed financial information by and from this former subsidiary to us, we are delayed in finalizing our June 30, 2012 audited financial statements.
We are working diligently to get all the financial information needed and expect to finalize and release our audited financial statements within the next two weeks. Please accept our apology for this delay and thank you for your understanding.

Sincerely,
Edward A. Stern
Co-President & Chief Financial Officer

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