AFP Imaging Corp. (AFPC.OB)

AFP Imaging Corporation, through its subsidiaries, engages in designing, developing, manufacturing, and distributing equipment for generating and/or capturing medical and dental diagnostic images in the United States and internationally. Its products utilize electronic and radiographic technologies, as well as the chemical processing of photosensitive materials. The company’s products include dental CT scanners that generate and reconstruct three-dimensional images of the teeth, jaws and surrounding dental anatomy, which are used by used primarily by dentists, implant specialists, oral surgeons, and orthodontists, as well as ear, nose and throat medical specialists; and film-less, digital radiography sensors in various image format sizes, utilizing x-rays and electronic imaging software, which generates and captures two dimensional, dental x-ray images with these sensors, in place of film, and then displays them. It also distributes digital and analog dental x-ray machines manufactured by third parties; manufactures and distributes a line of x-ray tables and related equipment specifically designed for the veterinary marketplace; and manufactures and distributes a line of medical, dental and industrial x-ray film processors. It offers its products to end users and independent medical and dental dealers or distributors. The company was founded in 1978 and is based in Elmsford, New York.

For the three months ended 30 September 2006, AFP Imaging Corporation's revenues rose 7% to $5.5M. Net loss totaled $568K, up from $110K. Revenues reflect increased sales of digital imaging systems in both international dental & domestic and veterinarian market places. Higher loss reflects increased selling, general & administrative expenses, an increase in cost of sales, higher research & development expenditure and decreased income tax benefit.