We are fortunate to have had somebody of David's caliber within the company for so many years. David contributed significantly in many roles, and we hope to be able to use his talent in the future.

142

This win represents a tremendous opportunity for us in the European utilities market. Inclusion of our solution in the standardization project of such a large company is strong validation of the value that we provide to the utilities industry.

117

Our impressive list of recent wins in North America, Europe, Asia Pacific, India and China further solidify our leadership position. With the new strategy and appointments we expect to be more agile and accelerate the growth of the company.

115