If we look at the segments of our business we have the professional aesthetic devices, which is as people know Syneron historically it’s a major segment of our business, approximately 90% of our revenues as well as the emerging business units and we will have time this afternoon to spend some time on Syneron Beauty and our elure, which is a very exciting opportunity. It’s a $2 billion at least the smallest segment alone is a $2 billion opportunity and when Fabian speaks he is going to talk about the multiple segments that exists. And we see this is a major growth engine for the company.

On the trailing 12 months our revenue is $241 million, 31% of this is occurring on a recurring basis we have $142 million in cash a very strong balance sheet and we have significant tax advantage being headquartered in Israel. As I mentioned just previously we look at our business in two segments professional aesthetic devices where we have established brands, proven efficacy, we have an install base of close to 20,000 users of our products. We are running on seven consecutive quarters of double-digit revenue growth in professional aesthetic devices and last quarter we’ve had a 21% year-over-year growth with an 8% operating margin in this segment.

A very exciting emerging business unit represented approximately 10% of our revenue last quarter. The numbers are staggering I used just one segment fitting a $2 billion but it’s an extremely fast growing market, we look at both the consumer devices, the tropical devices and other sub sections. Major area of growth and interest for the company Syneron Beauty has had an exceptional revenue growth over the last four quarters since we formed it where quarter-over-quarter and year-over-year were up significant percentages. This technology and the technologies we have there leverage the expertise the professional relationships and the know how that we have in the pad and last quarter we reached close to $900,000 in our elure skin brightening products and Luminaze products.

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