Related Party Transaction

3 Months Ended

Jul. 01, 2012

Related Party Transaction [Abstract]

RELATED PARTY TRANSACTION

NOTE 7. RELATED PARTY TRANSACTION

Affiliates of Future Electronics Inc. (“Future”), Alonim Investments Inc. and two of its affiliates (collectively “Alonim”), own approximately 7.6 million shares, or approximately 17%, of our outstanding common stock as of July 1, 2012. As such, Alonim is our largest stockholder.

Our sales to Future are made under a distribution agreement that provides protection against price reduction for its inventory of our products and other sales allowances, which are similar to those other external distributor partners. We recognize revenue on sales to Future when Future sells the products to its end customers. Future has historically accounted for a significant portion of our net sales.

Related party contributions to our total net sales for the periods indicated below were as follows:

	Three Months Ended
	July 1, 2012			July 3, 2011
Future		34	%		32	%

Related party expenses for marketing promotional materials reimbursed were not significant for either the three months ended July 1, 2012 or the three months ended July 3, 2011.