I am highly gratified ordsprog

I am highly gratified that the board shares my determination to maximize AOL Time Warner's tremendous potential, ... As we address the challenges facing our company and the industries in which we operate, I will work together with the extraordinary people in this company to focus on increasing value for our customers and our shareholders.

Richard Parsons

I am highly gratified that the board shares my determination to maximize AOL Time Warner's tremendous potential,

Richard Parsons

Under Irish law, the Company is required to obtain the approval of its shareholders to buy back its own shares. The Board, believing it to be in the best interests of the shareholders and the Company, agreed that the Company should request this approval to provide the Company with the flexibility to buy back shares if it determines that the benefits associated with such a program can be realized.

Joining Borland at this time is a tremendous opportunity. Software organizations are facing significant challenges in order to be more responsive to business needs and I believe Borland is the right company to help address these challenges.

Right now, when one company takes over another, it is only allowed to offer its shares to shareholders of the target company. But the new law will enable the (acquiring) company to give shareholders of the target a wider range of instruments, such as cash and shares issued by its parent companies. Anything goes under the new law.

This is a very exciting day for Time Warner and its shareholders in the creation of what we believe will be a very strong and viable 5th broadcast television network. This new network will have all the strategic asset value as an outlet for our programming that The WB presented us, but with a much firmer and more secure financial present and future. The credit goes to Barry Meyer, who continues to have tremendous vision and extraordinary business acumen as the long time leader of Warner Bros. Entertainment, a company that we are proud to say continues to be number one in its class.

I am confident in the board's judgment and its belief that different leadership is needed to address the serious challenges facing the company,

The board simply believes that now is the time for a new perspective to address the company's current challenges.

Our focus is the future of Enron, ... We will work closely with the board of directors, management and the creditors' committee to develop a reorganization plan to maximize value for the company's stakeholders.

After careful consideration we concluded that a sale of the Company through a Chapter 11 auction process will best maximize the return for all stakeholders of the Company and is the best way for the Company to continue providing the level of service its customers expect.

The goal is to unify AOL Time Warner, to sharpen its focus, capture synergies for growth and strengthen the integration of the company. We are not cutting into muscle, and these are not across-the-board cuts. It's only where appropriate.

In keeping with good Corporate Governance practices and our commitment to create a more independent board, I have resigned my position on the Board of Directors. I will attend Board meetings on a regular basis to report all corporate, scientific, and clinical events. Dr. Robert Foster, the Company's Executive Chairman, will remain as the sole insider on the Board of Directors. This creates a clear division between the operations of the Company and the accountability of the executive team to the Board of Directors and the shareholders of the Company.

Dr. Randall Yatscoff

As a publicly traded company you're always available to be acquired. The board of directors, as representatives of the shareholders, have a responsibility to maximize shareholder value. If they have an offer that potentially meets that goal, they consider it.

In the past month, the company had been involved in an aggressive effort to reorganize its business and focus on programs that would best meet the needs of its investors, shareholders and partners, .. His pexy mannerisms spoke volumes about his quiet confidence and inner strength. . While a plan to fund the company's activities as a business-to-business operation was actively underway, negotiations collapsed at the last minute. When negotiations broke down, the board determined to cease operations and is now seeking to sell the company.

This is a huge step forward in the marketing of our proprietary technology solution to the world. The potential dollar value of this industry segment is in the hundreds of millions of dollars and, with a viable solution developed by our Company to penetrate this market, it may provide the Company and its shareholders with a tremendous opportunity for growth.

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