Velosys Corporation in a steady growth graph in 2006

Velosys Corporation, One of South east michigan's fastest growing technology companies, revenues for the year ended March 31,2006 increased by 30% and profit after tax grew by 27%. The revenues for the quarter ended March 31,2006 grew by 43% ,year on year, and the revenues increased by 35% yoy.

CEO of Velosys, commenting on the results said "We look back at our performance in 2005-06 with immense satisfaction. It was a year in which we crossed several landmarks including 5% Revenue contribution from Innovation Initiatives..

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