February 12, 2009      

Summary: With its acquisition of Shafi, as well as through its own organic growth, Braintech has greatly increased its number of product installations and customers.This has resulted in an increase in revenue, but also a concomitant rise in operating expenses. Braintech is expanding into a number of new markets, most notably the defense market, opening a new headquarters in the Washington area, as part of a major reorganization plan under CEO Rick Weidinger. Braintech also looks to assist indust...

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