INVENTORIES

9 Months Ended

Mar. 31, 2013

Notes to Financial Statements

INVENTORIES (IN THOUSANDS, EXCEPT EARNINGS PER SHARE AND NUMBER OF SHARES)

Inventories consisted of the following:

	Mar. 31, 2013 (Unaudited)			June 30, 2012
Raw materials	$	1,146		$	1,261
Work in progress		1,174			1,870
Finished goods		161			175
Less: provision for obsolete inventory		(873	)		(884	)
Currency translation effect		69			(98	)
	$	1,677		$	2,324

The following table represents the changes in provision for obsolete inventory:

	Mar. 31,
	2013			June 30,
	(Unaudited)			2012
Beginning	$	884		$	937
Additions charged to expenses		--			31
Usage - disposition		(27	)		(59	)
Currency translation effect		16			(25	)
Ending	$	873		$	884