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DieQua Sets Company Record for Order Bookings

With only a few weeks left in the calendar year, Diequa is excited to announce that we have already achieved a new company record for annual power transmission and motion control product order bookings.

In spite of the challenges faced in the U.S. and Canadian economies, all product groups have increased year over year, for a total of more than a 20% growth in inbound sales order volume. Leading the way in volume growth was our Watt Drive product line of helical gearmotors and speed reducers.

With factory automation and motion control systems continuing to be further integrated into the machine design process, our family of servo gearheads products also showed a significant increase in market penetration. Having the widest range of standard and customizable solutions was a key factor in satisfying the needs of our new and existing customers alike.

Also instrumental was our expanding network of sales partners and distributors. Our goal of providing more localized service has resulted in increases in name recognition and application opportunities. Our philosophy of customer support, through our consultative approach, has been readily accepted as a valuable addition to the quality and performance of our products.

While we are pleased with the results this past year we aren’t resting on our laurels. The competitive nature of the marketplace doesn’t allow it. To continue on our successful path we are continuing to expand our sales network, adding inventory and production capacity to improve delivery times, and developing new products lines to meet the ever growing needs of our customers.

12/2007

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