Isonics Corporation

Isonics Corporation is listed on NASDAQ (ISON). Because we want to provide you with more meaningful and useful information, this Form 10-KSB contains certain forward-looking statements (as such term is defined in section 21E of the Securities Exchange Act of 1934, as amended). These statements reflect our current expectations regarding our possible future results of operations, performance, and achievements. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and applicable common law and SEC rules. Wherever possible, we have tried to identify these forward-looking statements by using words such as anticipate, believe, estimate, expect, plan, intend, and similar expressions. These statements reflect our current beliefs and are based on information currently available to us.

Isramco Inc.

Isramco Inc. is listed on NASDAQ (ISRL). Since its formation in 1982, Isramco, Inc. (Isramco) has been active in the exploration of oil and gas in Israel and in the United States. In Israel, the Company holds a participation interest in two long- term off-shore leases and serves as an operator of one. In addition the Company holds a participation interest in an off-shore license and also serves as the operator. See Summary of exploration efforts in Israel. In the United States, the Company, through its wholly-owned subsidiaries, Jay Petroleum LLC (Jay Petroleum) and Jay Management LLC (Jay Management), is involved in oil and gas exploration and production in the United States. Jay Petroleum owns varying working interests in oil and gas wells in Louisiana, Texas, Oklahoma and Wyoming.

LaSalle Hotel Properties ..e investment trust on January 15, 1998 to buy, own and lease primarily upscale and luxury full-service hotels located in convention, resort and major ..

LNB Bancorp Inc. ..cial services company headquartered in Lorain, Ohio. It was formed under the Bank Holding Company Act of 1956, as amended (the BHC Act), and received ..

LTC Properties Inc. ..vestment trust (or REIT), was incorporated on May 12, 1992 in the State of Maryland and commenced operations on August 25, 1992. We invest primarily i..

Manhattan Associates Inc. ..ed solutions to improve the effectiveness of and the efficiencies within and across the supply chain. Our solutions, which consist of software, servic..

Microchip Technology Incorporated ..or products used by our customers for a wide variety of embedded control applications. Our product portfolio comprises our PICmicro® field-reprogramma..

Meadow Valley Corporation ..na, is engaged in the construction industry as both a provider of construction services and a supplier of construction materials. Our construction ser..

Methanex Corporation .. producer and marketer of methanol and the largest supplier of methanol to the major international markets of North America, Asia Pacific and Europe a..

Merchants Group Inc. ..August 1986 as a Delaware holding company, offers property and casualty insurance generally, to preferred risk individuals and small to medium sized b..

Midland Company (The) ..e cover and pages 20 through 31 and 46 and 47 (Note 19) of its 2004 Annual Report to Shareholders. Midland was incorporated in Ohio in 1968 with its o..

Moscow CableCom Corp. .. Group, Inc. until February 24, 2004, has been incorporated under the laws of the State of Delaware since 1998. From 1951 to 1998, the Company had bee..

Microsoft Corporation ..oughout the world to realize their full potential. We work to achieve our mission through technology that transforms the way people work, play, and co..

Matrix Service Company ..ooking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934,..

Maxygen Inc. ..r protein optimization and modification technologies to create and develop novel therapeutic and industrial products. We are a leader in the field of ..

Newcastle Investment Corporation ..state investment and finance company. We invest in real estate securities, loans and other real estate-related assets. We seek to deliver stable divid..

Neogen Corporation ..op, manufacture, and market a diverse line of products dedicated to food and animal safety. The Company's food safety segment consists primarily of di..

Northern Indiana Public Service Company ..any whose subsidiaries provide natural gas, electricity and other products and services to over 3.7 million customers located within a corridor that r..

Northrop Grumman Corporation ..ovides technologically advanced, innovative products, services, and solutions in defense and commercial electronics, nuclear and non-nuclear shipbuild..

Napster Inc. ..al music, is a leading provider of online music for the consumer market. Our subscription services and our a la carte single track download service en..

North American Galvanizing & Coatings Inc .. Tulsa, Oklahoma. As used in this report, except where otherwise stated or indicated by the context, North American Galvanizing (the Company and the R..

NuVasive Inc. ..ign, development and marketing of products for the surgical treatment of spine disorders. Our product portfolio is focused on applications in the over..

Nymagic Inc. ..s a holding company which owns and operates insurance companies, risk bearing entities and insurance underwriters and managers; the Company also conso..

Olin Corporation ..orated in 1892, having its principal executive offices in Clayton, MO. We are a manufacturer concentrated in three business segments: Chlor Alkali Pro..

OPTION CARE Inc. ..me infusion pharmacy services and specialty pharmacy services to patients with acute or chronic conditions that can be treated at home, at one of our ..

Oxford Industries Inc. ..Oxford Industries, Inc. was founded in 1942. We are a producer and marketer of branded and private label apparel for men, women and children and opera..

Parlux Fragrances Inc. ..ware in 1984 and is engaged in the creation, design, manufacture, distribution and sale of prestige fragrances and beauty related products marketed pr..

Petroleo Brasileiro S.A.- Petrobras ..l company created pursuant to Law No. 2,004. A mixed-capital company is a Brazilian corporation created by special law, of which a majority of the vot..

Peoples Bancorp Inc. ..ing company organized in 1980, with origins in the Mid-Ohio Valley dating back to 1902. At December 31, 2004, Peoples wholly-owned subsidiaries includ..

Pogo Producing Company ..d in oil and gas exploration, development, acquisition and production activities on its properties located offshore in the Gulf of Mexico, onshore in ..

PreferredPlus Trust ..urities held by PreferredPLUS Trust Series FAR-1, please refer to The First American Corporations (Commission file number 001-13585) periodic reports,..

Plug Power Inc. ..a development stage enterprise involved in the design, development and manufacture of on-site energy systems for energy consumers worldwide. The Compa..

PrimeEnergy Corporation ..at are based on management's current expectations, estimates and projections. Words such as expects, anticipates, intends, plans, believes, projects a..

PowerDsine Ltd. ..e State of Israel in October 1994. Our principal executive offices are located at 1 Hanagar Street, Neve Neeman Industrial Zone, Hod Hasharon, Israel ..

Pressure BioSciences Inc. ..h, development and commercialization of products utilizing our patented pressure cycling technology (PCT), a novel platform technology for 3 - the con..

Protherics Plc ..rmaceutical company engaged in the development, manufacture and sale of pharmaceutical products largely for the treatment of human diseases. The Compa..

Pharmion Corporation ..cused on acquiring, developing and commercializing innovative products for the treatment of hematology and oncology patients. We have established our ..

Quality Systems Inc. ..rein, the matters discussed in this Annual Report on Form 10-K, including discussions of the Registrants product development plans, business strategie..

Rand Capital Corporation .. incorporated under the law of New York on February 24, 1969. Commencing in 1971, Rand operated as a publicly traded, closed-end, diversified manageme..

Grupo Simec S.A. de C.V. ..ico and manufactures a broad range of small and medium-sized structural steel products. Simec's products are used primarily in the residential, commer..

Royal Gold Inc. .. forward-looking statements, including statements related to trends in the Company's business. The Company's actual results may differ materially from..

Rotonics Manufacturing Inc. ..inois Corporation, and was reincorporated in Delaware in December 1986. Effective July 1, 1991, the Company merged with Rotonics Molding, Inc.-Chicago..

Reliv International Inc. ..and markets a proprietary nutritional product line and offers an entrepreneurial opportunity for distributors who sell the Company's products and deve..

Rayovac Corporation ..lobal branded consumer products company with leading market positions in seven major product categories: consumer batteries; lawn and garden; pet supp..

SeaBright Insurance Holdings Inc. ..l workers' compensation insurance. We are domiciled in Illinois, commercially domiciled in California and headquartered in Seattle, Washington. We are..

Companhia Paranaense de Energia (COPEL) ..er company engaged in the generation, transmission and distribution of electricity in the Brazilian State of Paran, pursuant to concessions granted by..

Storm Cat Energy Corporation .. Development of the Corporation Corporate and General Storm Cat is an independent oil and gas company focused on the pursuit, exploration and developm..

Southwest Water Company ..hwest Water, the Company, we, us or our, except where the context requires otherwise) provide a broad range of services including water production, tr..

Smith Micro Software Inc. ..per and marketer of wireless communication software products and services. Our primary focus and strategy for our products and services is directed to..

Summit Financial Group Inc. ..s a $889 million financial holding company headquartered in Moorefield, West Virginia. We operate two business segments, community banking and mortgag..

Sands Regent (The) .. and our) operate casinos and tourist-based facilities through our wholly-owned subsidiaries: Zante, Inc., which owns and operates the Sands Regency C..

Santarus Inc. ..on acquiring, developing and commercializing proprietary products to enhance the quality of life for patients with gastrointestinal diseases and disor..

Spartan Stores Inc. ..ibutor and grocery retailer, operating principally in Michigan and Ohio. We operate two primary business segments: Grocery Distribution and Retail. We..

Siliconware Precision Industries Company Ltd. ..sion Industries Co., Ltd. We were incorporated under the ROC Company Act as a company limited by shares on May 17, 1984 and our shares were listed on ..

Steven Madden Ltd. ..s) designs, sources, markets and sells fashion-forward footwear brands for women, men and children. The Company distributes products through its retai..

SupportSoft Inc. ..agement software designed to automate the managing of computing end-points as well as the servicing and supporting of the end-users who utilize them. ..

Sunoco Logistics Partners LP ..formed by Sunoco, Inc. on October 15, 2001 to own, operate and acquire a geographically diversified portfolio of complementary pipeline, terminalling,..

A Consulting Team Inc. (The) .. a New York corporation (TACT or the Registrant) has provided a wide range of information technology (IT) consulting, custom application development a..

Total System Services Inc. ..ing and related services to financial and nonfinancial institutions. Services include processing consumer, retail, commercial, government services, st..

TGC Industries Inc. ..engaged in the geophysical service business, primarily conducting Three-D (3-D) surveys for clients in the oil and gas business. TGC's principal busin..

PACCAR Inc. ..re in 1971, is the successor to Pacific Car and Foundry Company which was incorporated in Washington in 1924. The Company traces its predecessors to S..

Novamerican Steel Inc. .., 1997 under the Canada Business Corporations Act. Our registered office, principal place of business and principal executive offices are located at 6..

Tripos Inc. ..roducts and services enable life science companies to enhance their drug discovery capabilities. We combine our resources in computer-aided molecular ..

Tesco Corporation ..three years, TESCO has maintained its business as an innovative oilfield drilling technology company and growing oilfield service and equipment suppli..

USANA Health Sciences Inc. ..corporation, founded in 1992 by Myron W. Wentz, Ph.D., that develops and manufactures high-quality, science-based nutritional and personal care produc..

ViryaNet Ltd. ..elopment Both our legal and commercial name is ViryaNet Ltd. We were incorporated and registered in Israel on March 13, 1988 under the name R.T.S. Rel..

Wilshire Enterprises Inc ..thin the meaning of the federal securities laws. These statements relate to future economic performance, plans and objectives of management for future..

Xanser Corporation .. businesses in two industry segments, technical services and information technology services. The technical services and information technology servic..

Arctic Cat Inc. ..d in Thief River Falls, Minnesota. The Company operates in a single industry segment and designs, engineers, manufactures and markets snowmobiles and ..

Agilent Technologies Inc. ..e in May 1999, is the worlds premier measurement company providing core bio-analytical and electronic measurement solutions to the communications, ele..

Advanced Photonix Inc. ..r the laws of the State of Delaware in June 1988. The Company is engaged in the development and manufacture of custom optoelectronic solutions, servin..

America First Mortgage Investments Inc. ..f investing, on a leveraged basis, in mortgage-backed securities (MBS), which include hybrid and adjustable-rate MBS (collectively, ARM-MBS). The Comp..

Altiris Inc. .. services that enable organizations to manage information technology, or IT, IT assets throughout their lifecycles. Our comprehensive client managemen..

Black Hills Corporation ..n, is a diversified energy company and a public utility holding company under the Public Utility Holding Company Act of 1935, as amended (PUHCA). Our ..

Buckeye Technologies Inc. .. value-added cellulose-based specialty products, headquartered in Memphis, Tennessee. We believe that we have leading positions in many of the high-en..

Britesmile Inc. .. and its affiliates develop, distribute, market, sell and lease advanced teeth whitening technology, products, systems and services. Unless specified ..

Capitol Bancorp Ltd. ..nancial Information Section of Annual Report, under the caption Capitol Bancorp and its Banking Business, and Pages F-34 - F-36, Financial Information..

CFS Bancorp Inc. ..idiaries) is a registered unitary savings and loan holding company and was organized in March 1998 to facilitate the July 1998 conversion of its subsi..

Clark Inc. ..dicated to helping companies keep their best people through integrated compensation, benefits, and funding solutions. We design, market, and administe..