Most of their sales have been as a result of word of mouth or repeat orders from past clients and now have appointed a major US distributor to help expand into the US market (http://www.wearplate.biz/ISS.asp). Its new plant/machinery should now be operational to meet future demand.

Overview (as quoted from the last 10QSB dated 16 Aug 04)
We manufacture and distribute Arcoplate; a wear-resistant alloy overlay wear plate, through a patented production process. The patented process by which we manufacture Arcoplate enables us to smoothly and evenly apply overlay to a sheet of steel, creating a metallurgical bond between the alloy and the steel backing plate that is resistant to wear caused by impact and/or abrasion. We believe that, in the mining and mineral processing industries, wear is the primary cause of down time, the period when machinery is not in operation due to wear or malfunction. We believe that use of our Arcoplate product line will substantially lower down time and the resulting lost production of our customers and accordingly return a higher profit margin to the operation.
We also intend to commercially develop the 3-D Pipefitting Cladder process; a computer driven and software based mechanical system for depositing a profiled layer of wear-resistant alloy onto interior surfaces of pipefittings, targeted for industrial use. With the increased demand for Arcoplate, management has taken the decision to concentrate all available resources to increase the production capacity of Arcoplate before continuing with the 3-D Pipe Cladder process.

Uses of Arcoplates
Chutes: http://www.alloysteel.net/english/3_chutes.asp http://www.wearplate.biz/ISS-Applications-Liners.asp

Manufacturing plants : http://www.alloysteel.net/english/3_cement_plant.asp http://www.wearplate.biz/ISS-Applications-Cement.asp

Mining & earth moving equipment: http://www.alloysteel.net/english/3_earth_moving.asp http://www.wearplate.biz/ISS-Applications-Mining.asp

Techical Summary & advantages http://www.wearplate.biz/ISS-Technical-Summary.asp http://www.wearplate.biz/ISS-Technical-Graph.asp

Ore processing: http://www.alloysteel.net/english/3_ore_processing.asp http://www.wearplate.biz/ISS-Applications-Ore.asp

For periods ending 30 June, 200X (please see link below for full 10QSB) http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001015402%252D04%252D003404%252Etxt%26filepath%3D%255C2004%255C08%255C16%255C&symbol=AYSI

3 month 2004 3 month 2003 9 months 2004 9 months 2003

Sales $ 532,932 $ 348,675 $ 1,857,776 $ 1,262,657

Cost of sales $ 250,606 $ 251,737 $ 1,005,170 $ 779,012

Gross profit $ 282,326 $ 96,938 $ 852,606 $ 483,645

Net income (Loss) $ 37,945 $ 50,474 $ 34,364 $ (12,630)