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2005 YEAR IN REVIEW

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Wow! 2005 turned into an amazing first full year for Line-X Protective Coatings Ltd.

We started the year with one automotive dealer in Tiverton Devon, Line-X Tiverton Ltd, and closed the year with the two more automotive dealers, one in Gateshead, Line-X Gateshead Ltd and one in London, Line-X of London, we also added two industrial dealers, Horizon Performance Coatings Ltd, in Ipswich and Surfacetech Ltd in London.

We have also secured a finance package with a Major Finance Institution to enable potential dealers to finance any of the three packages we offer, from the bolt on packages to the full “turnkey” operation.

We joined the fight against terrorism with the launch of a new company Paxcon UK Ltd. The Paxcon range of Blast Resistant products are currently being applied to the walls of the US Pentagon. Paxcon UK Ltd is the only authorised tendering authority for the Line-X Paxcon range of blast proof coatings

We launched the Line-X Roadshow, a custom built display trailer complete with graphics and samples which is available free of charge to our dealers to enable them to attend county shows and automotive events

We have also been instrumental in expanding the Line-X network into Europe and hosted several international visitors from various countries including, Spain, France, Norway, Holland, Germany and even as far away as Hungary. We are pleased to announce that our visitors from Hungary were so impressed with the Line-X products they have now signed as the Master Distributor for Hungary. We anticipate similar announcements concerning the other countries shortly

Plans are underway for 2006 to raise the brand awareness of Line-X with the start of our national advertising campaign in various vehicle related publications combined with our first attendance at the C.V.Show at the NEC Birmingham, 25-27 April 2006, Stand 4371.

Plans are also underway for the appointment of a dedicated sales manager to implement a national network of automotive dealers.

Negotiations are in the final stages with several interested parties and we anticipate the announcement of several more automotive and industrial dealers in the early part of the New Year

Finally, we would like to take this opportunity to wish all our customers past, present and future a Happy Christmas and a very prosperous New Year