INVENTORIES

12 Months Ended

Jun. 30, 2013

InventoriesAbstract

Note 3- INVENTORIES (In Thousands)

Inventories consisted of the following:

	For the Year Ended June 30,
	2013			2012
Raw materials	$	1,072		$	1,261
Work in progress		1,930			1,870
Finished goods		356			175
Less: provision for obsolete inventory		(912	)		(884	)
Currency translation effect		17			(98	)
	$	2,463		$	2,324

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

	For the Year Ended June 30,
	2013			2012
Beginning	$	884		$	937
Additions charged to expenses		38			31
Usage - disposition		(14	)		(59	)
Currency translation effect		4			(25	)
Ending	$	912		$	884