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OPERATIONS DEVELOPMENT ADVANTAGE Since inception, TouchTop  Technologies has successfully used management's experience
not only to develop the next generation of display technology, but to create and document a structured system for commanding the development process. These early development efforts have already resulted in
tangible business results. The ability of the breadboard unit to prove the viability of the Company's display technologies puts the company in the unusual position of having pilot production, testing, and
debugging funded by a customer in waiting. Since the first licensing agreement, contingent upon performance of certain prototypes, involves payments for consulting NEEC on retooling existing LCD
facilities, TouchTop Technologies will actually earn revenue before, during and after pilot production begins. Clearly, the most significant challenge facing the Company at
this stage is production of prototype units that are produced and function in accordance with performance specifications. Management has gone to great lengths to reduce the
risks that prototypes will fail. One clear example of this is the Company's agreement to have the prototypes constructed at NEEC's testing labs in Korea. This results in not
only cost savings in producing the prototypes, but has also allowed focused work to begin on manufacturing components for production. Management believes these
advantages typify the Company's approach to research and development. |
