723889--3/30/2006--MFIC_CORP

related topics
{customer, product, revenue}
{property, intellectual, protect}
{operation, international, foreign}
{product, liability, claim}
{capital, credit, financial}
{regulation, change, law}
{personnel, key, retain}
{stock, price, share}
{stock, price, operating}
{control, financial, internal}
{competitive, industry, competition}
{product, candidate, development}
{product, market, service}
The Company faces intense competition in many of our markets. The Company is subject to significant competition from companies that are pursuing technologies and products that are similar to the Company s technology and products. The Company relies on suppliers, vendors and subcontractors. The Company has only one manufacturing facility The Company relies on patents and trade secrets to protect our technology. The Company must continue its research and development efforts to maintain competitive. The Company s ability to continue planned operations is dependent upon access to financing under a credit facility with its commercial lender. The Company may become subject to increased government regulation which could affect our ability to sell our products outside of the United States. The Company relies on our key management and technical personnel. The Company s stock is listed on the OTC Bulletin Board and stockholders may have limited liquidity. The Company anticipates that shipments of our products to relatively few customers will continue to account for a significant portion of our business. Our quarterly revenues and stock performance are variable. The Company allows customers to lease some of our products and those leases may not turn into sales. The Company may be subject to product liability claims from our customers or by persons harmed by our customers products. The Company s international business operations expose us to a variety of risks. Changes in accounting treatment of stock options could adversely affect our operating results. Compliance with internal controls reporting requirements could increase our costs.

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