The shipment of our 400 000th development tool is proof of Microchip's leadership in this market. It reflects our commitment to going beyond simply offering silicon to providing engineers with a 'whole product solution' comprised of sophisticated development tools, field application engineer support and comprehensive technical documentation.

Microchip stands alone among semiconductor companies by offering a no-cost, truly integrated development environment for 8- and 16-bit microcontrollers and 16-bit digital signal controllers, all the way from 6-pin to over 100-pin devices.

It was a really gutsy performance. He showed a lot of guts and a lot of maturity for a freshman. I can't say enough about him. I'm glad to have him for the next three years.