SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2011

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 14.  SUBSEQUENT EVENTS

On July 26, 2011, our subsidiary in Taiwan entered into a new unsecured credit facility agreement replacing the existing $10.0 million facility.  This new agreement provides a $12.0 million facility, or its equivalent in other currencies, for working capital, raw material purchases, and export business purposes.  This new credit facility charges interest at the bank’s current base rate of 2.75%, which is subject to change by the bank based on market conditions. It carries no commitment fees on unused funds.  This credit facility matures on May 30, 2012.