Taitron Components Incorporated Profile

Taitron Components Incorporated (Taitron) is a United States distributor of electronic components, primarily focused on transistors, diodes and other discrete semiconductors, optoelectronic devices and passive components with a reputation of in-depth inventories and knowledge of the products it markets. The Company's inventory consists of over 14,000 different products manufactured by more than 100 different suppliers. To differentiate from other distributors, Taitron also manufactures electronic components based on its engineering specifications under the brands TCI or PSD through outsourcing. Taitron maintains a majority owned subsidiary in Mexico and three divisions in each of Taiwan, Brazil and China. The Company's Mexico and Brazil locations are for regional distribution, sales and marketing purposes and its Taiwan and China locations for supporting its purchasing of components and manufactured products. For the three months ended 31 March 2006, Taitron Components Inc.'s revenues increased 8% to $2M. Net loss increased 26% to $162K. Revenues reflect an increase in sales of original design manufactured products. Higher loss reflects an increase in cost of goods sold, lower gross margins, higher selling, general & administrative expense due to increase in professional fees and presence of net other expense.