INVENTORIES

12 Months Ended

Jun. 30, 2012

InventoriesAbstract

Note 3- INVENTORIES (In Thousands)

Inventories consisted of the following:

	For the Year Ended June 30,
	2012			2011
Raw materials	$	1,261		$	1,303
Work in progress		1,870			1,392
Finished goods		175			213
Less: provision for obsolete inventory		(884	)		(937	)
Currency translation effect		(98	)		459
	$	2,324		$	2,430

 The following table represents the changes in provision for obsolete inventory:

	For the Year Ended June 30,
	2012			2011
Beginning	$	937		$	907
Additions charged to expenses		31			52
Usage - disposition		(59	)		(110	)
Currency translation effect		(25	)		88
Ending	$	884		$	937