Major customers

12 Months Ended

Dec. 31, 2011

Major customers

Note 11 – Major customers:

The Company has two major customers, with sales in excess of 10% of consolidated net revenues for the year ended December 31, 2011.  Sales to these customers represented approximately 40% of consolidated net revenues.  In 2010, one customer also had sales that represented approximately 35% of net revenues.

The Company’s top five unaffiliated customers represented approximately 51% and 58%, of consolidated net revenues for the years ended December 31, 2011 and 2010, respectively, and 40% and 40% of consolidated trade receivables at the balance sheet dates December 31, 2011 and 2010, respectively.  The Company enjoys good relations with these customers. However, the loss of any of these customers could have an adverse impact on the Company’s operations.