Question-and-Answer Session
Operator
(Operator Instructions) Our first question is from Brian Ruttenbur. Your line is open.
Brian Ruttenbur – Morgan, Keegan & Company, Inc.
First question, US government in the period - let me back up and say first of all great win in Angola and very good quarter to start with and then I’ll move on forward to the US government and ask about do we expect zero revenue in the current quarter the March period? Is that likely and then it kind of ramps in the June period?
Steve G. Larson
Not necessarily Brian. We right now we do have zero back log there but there is potential for orders in the quarter, their inventory levels are down below what they would normally consider their safety stock. But there’s no guarantee it could move into the next quarter but we would expect to get some kind of an order this quarter whether it calls for deliveries this quarter is unclear.
Brian Ruttenbur – Morgan, Keegan & Company, Inc.
And it’s still obviously an optical memory based system that’s going to be similarly priced to what you were providing before?
Steve G. Larson
Well the next order that we get will be for the existing cards because the new cards are still under development.
Brian Ruttenbur – Morgan, Keegan & Company, Inc.
When will that be complete? The new card? When will the new card be ready to be issued?
Stephen D. Price-Francis
I’m not sure we can precisely specify that date at this point because there are certain processes that have to be gone through obviously.
Brian Ruttenbur – Morgan, Keegan & Company, Inc.
I mean are we talking summer, fall in 2008?
Stephen D. Price-Francis
In our opinion we are talking closer to the fall than the summer.
Brian Ruttenbur – Morgan, Keegan & Company, Inc.
And then the Middle East, you currently don’t have any orders right now in back log that you anticipate in the next couple of months there will be some so you could have a situation where there would be no orders or you could have a couple of million dollars worth in this period.
Steve G. Larson
Right.
Brian Ruttenbur – Morgan, Keegan & Company, Inc.
Okay. The Italians you don’t have anything in back log right now but you anticipate possible drives by the end of March but maybe not cards by the end of March, is that realistic?
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