Hamilton Thorne Ltd. (HTL), is engaged in the development, manufacture and sale of precision laser and advanced image analysis systems for living cell applications in the fertility, stem cell, and developmental biology research markets. The Company sells its products through its direct sales force and through distributors to pharmaceutical companies, biotechnology companies, fertility clinics, hospitals, educational institutions and other commercial and academic research establishments worldwide. The Company had five lasers that have been introduced, with additional products in development. The Company�s Computer Assisted Sperm Analysis (CASA) image analysis systems are designed for study of reproductive cells in the animal and human infertility and reproductive toxicology fields. These systems assist researchers and clinicians in analyzing sperm motility and other characteristics in human fertility, toxicology and animal applications.