This case is an egregious example of corruption within a Department of Defense program that has undermined the procurement process.

If you're printing 1,000 tags monthly, about a medium size supplier, you are probably spending between $3 and $4 per tag. This includes software, hardware, integration, and servers to manage the data. We come out with a capital cost of about $60,000.

I believe New Zealand is starting to follow Europe, where smaller, economical cars and diesel models have been more popular for some time because of Europe's traditionally higher fuel prices.

By every measure, 2005 was a great year for us and we expect similar performance in 2006. The vision of the company has always been to deliver next-generation technology to solve the critical challenge of managing multi-company, operational processes. The depth of our solution coupled with the broad acceptance we've seen in the market show that we've converted the vision into reality.

Business Process Networks take the concept of software-as-a-service to a new level. By focusing on transaction-intensive processes, extending common business processes across multiple companies and leveraging shared connections, we are able to accelerate the adoption cycles and significantly lower operating costs.

With our fuel costs rising fast, New Zealanders are now starting to think along the same lines as Europeans and are becoming more receptive to smaller, economical passenger cars and vehicles powered by thrifty diesel engines. It makes a lot of sense when you can save 40 per cent on your running costs compared to a larger petrol vehicle.

I told you it was a great deal. I never met a man in my life until I met you that wouldn't accept a deferred prosecution agreement.

Too often executive pay is not tied to performance.