Key Technology Inc's Comment on Competitors and Industry Peers
The markets for automated inspection systems and process systems are highly competitive.
We experience significant price competition across almost all our product lines.
Other important competitive factors include performance, reliability, and customer
support and service. We believe that we currently compete effectively with respect
to these factors, although there can be no assurance that existing or future competitors
will not introduce comparable or superior products at lower prices. Certain of
our competitors may have substantially greater financial, technical, marketing
and other resources. Other companies which sell products in certain of our markets
include Heat & Control, Inc. and its subsidiaries; Tomra Systems ASA and its
subsidiaries, BEST N.V. and Odenberg Inc.; Sortex Ltd. (which is owned by the
Buhler Group); Kiremko B.V.; Meyer Industries, Inc.; KMG Systems Ltd.; VDL Industrial
Products B.V.; TNA Australia Pty. Ltd.; and BMA AG. We have also encountered additional
smaller competitors entering our markets. As we enter new markets, we expect to
encounter additional new competitors.