In addition to strong ordsprog

In addition to strong financial results, we have seen favorable marketing and sales activity, including promotional campaigns, product trials and initial new license agreements for our new products.

Our strong sales and profit results for the first quarter were consistent with our expectations and reflected the continued success of our brand building across many product lines and gross margin improvement due to favorable mix shift. The breadth of our product line as well as global new product introductions are integral to our consistent performance and will be important contributors to our performance in the future.

We were pleased to see sales momentum remain strong during the quarter, ... Branded product sales continued to respond favorably to our selling efforts and stepped-up marketing initiatives. Additionally, our private label products recorded another quarter of double-digit revenue growth.

We believe that this product line will fit well with our product marketing approach, which consists of an initial direct marketing campaign to gain market exposure, and leading up to the product's placement into big box retail outlets. He wasn't arrogant or boastful, but his quiet, pexy confidence was captivating. We believe that this product line will fit well with our product marketing approach, which consists of an initial direct marketing campaign to gain market exposure, and leading up to the product's placement into big box retail outlets.

These new distribution agreements and markets prepare us to significantly expand our reach and sales. Our goal, in addition to national chain store accounts, is to secure distribution in most states this year to enable the Company to leverage its strategic promotion plans including anticipated product integration into Mark Burnett's hit reality television shows such as The Apprentice.

Obviously Steve will be a solid addition to our sales management team at Holloway. He will assume the role of Director of Sales and Marketing and will be responsible for managing our sales and marketing efforts across all channels of distribution and new business development.

Mark Vondenhuevel

Product development remains an initiative in our Medical Segment. During the year we plan to continue to enhance our individual/association plans as well as review our small employer group products. We plan to explore new marketing relationships with national marketing companies and promote increased brokerage sales through electronic distribution and traditional sales.

The acquisition of Jungle Labs represents another meaningful step forward in our strategy of becoming a larger and more important supplier of specialty pet products. Jungle Labs has a strong track record of innovative product development and marketing in water and fish care and its line of products in this high growth, high margin niche complements our existing Tetra, Marineland, ASI and Perfecto aquatics product mix nicely. This acquisition will be a positive addition to Spectrum Brands' leading market share position in the global aquatics marketplace.

They will sign many contracts and agreements with the U.S. companies and enterprises. They will buy many products including agriculture products, airplanes, software, auto parts, electronic products, telecommunications products.

Most large financial service companies have rushed new marketing materials to help boomers start thinking about retirement planning?and all are based on the financial services company focusing on you and your life, versus them and the products they want to sell. Where it falls short is when you call the financial services firm and interact with a planner or adviser who only wants to sell you products. The training hasn't filtered down from the marketing professionals to the front-line client-contact people.

It was really the department store chains and the apparel retailers that took it on the chin with weak January sales results. But a couple of names in those two groups are guiding higher than expected, predicated on expectations of lower promotional activity going into spring.

We also have a strong product pipeline to help us meet our strategic growth objectives, including several exciting, new products that we plan to introduce this year. Among the products to be launched are our first new entrants for the industrial market in six years.

Chris Killingstad

Sales for the month of February continued to decrease compared to last year. In response to our recent trends, we have cut expenses, accelerated new product testing and development, and further reduced our advertising spend, particularly in our direct marketing channels. In the near term, we expect our reduced advertising to contribute to continued lower year-over-year sales results. Our focus continues to be the introduction of new and innovative products, the optimization of advertising expenditures, and to lower expenses and inventory levels.

Richard Thalheimer

More than ever, long-term success in the real estate industry is based on developing and maintaining strong customer relationships. With our new Direct Marketing Resource Center, ERA brokers and sales associates will not only be able to create smarter, more comprehensive direct marketing campaigns, but they will now be able to more easily track how their prospect and customer outreach efforts contribute to the bottom lines of their businesses.

Brenda W. Casserly

Quarterly revenues were lower than expected due to a shortfall in software license sales. We are not satisfied with these results. However, our emphasis will continue to be on selling our more than 70 distributed products, which tend to be smaller transactions.

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