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Through the strategy and actions we are executing today, we expect to drive increasing value for LSI and our customers. The combination of keen market focus, rich technology portfolio, and our silicon, systems architecture and software expertise will create greater synergy and opportunity to build deeper, more valuable customer engagements.

By focusing our resources on fewer markets, where our deep insight and unique silicon-to-systems capabilities can be fully leveraged, we anticipate delivering greater value to customers. Today, we are taking specific actions to significantly enhance our ability to target growing opportunities in the storage and consumer markets, where rapid information growth and the surging consumption of digital content play to our strengths in providing differentiated market solutions that incorporate silicon, systems and software.

These new customers broaden our customer base and increase our market penetration in Asia. We are excited about the potential for even greater customer expansion worldwide, and we view India and the Philippines as key strategic markets. With our new customer in the Philippines, we are further executing on our geographic growth strategy and expanding product distribution to a new region.

CRM solutions that support knowledge work as well as process work represent the last mile for organizations of all types and sizes, and with our new Customer Adaptive Solutions strategy, Siebel is again leading the way, ... Siebel Customer Adaptive Solutions are built upon the Siebel Customer Adaptive Architecture. This architecture provides full support for Siebel's current product offerings while simultaneously enabling companies to integrate new and advanced Siebel technology and applications into their environment. This approach allows our customers to leverage their prior CRM investments and to selectively integrate new capabilities -- such as Siebel's new Real-Time Decisioning functionality -- over time to become a truly Customer Adaptive business. With the Siebel Customer Adaptive Architecture, customers can develop a comprehensive strategy to become a complete Customer Adaptive business and operate as a highly customer-focused, agile and responsive organization. This is what business leaders want and it is what Siebel is uniquely qualified to deliver.

Bruce Cleveland

We're excited because acquiring UMT will help us meet customers' needs for deep portfolio management capabilities. By combining our software and expertise, we'll also create a new range of solution development opportunities for customers and partners.

Steve Ballmer (1956-)

The idea is to create interaction and team synergy. We want our customers to work with us in a studio atmosphere to stimulate creative thinking. We'll do a design on the spot, create models and prototypes while the customer is here with us - in effect, we want to do it 'live' and get immediate feedback. It will shorten the design process and get the customer to market faster.

Sheldon Yourist

Siebel's expertise with industry-specific customer-facing applications combined with rich analytics will not only serve as the centerpiece of our CRM strategy for Oracle Fusion Applications, but can also be used to extend our current customers investments today.

Charles Phillips

We reinforced our market position, as we gained 12 new customers in 2005, including our sixth customer in Japan. With 13 immersion systems delivered to date, 13 immersion orders already in our backlog, and 8 pending orders, we are increasing our technology lead in the race to meet customer needs for new generation semiconductor products.

In 2005, Silicon Image delivered 23% top line growth and bottom line non-GAAP growth of 24% over 2004. Our focus on the storage, distribution and presentation of High Definition content is at the center of an unprecedented build out of digital products for the home and mobile environment. We are entering 2006 with strong market momentum for HDMI and expect to drive greater innovation in, and convergence between CE, PC and storage products as they address consumer market demand.

Our opportunity is that the number of different air interfaces is increasing. One of the benefits of using our architecture is that we can support multiple air interfaces on the same silicon. It just requires more programs that all go on the same silicon.

I have the unique opportunity to join a company with leading market share and tremendous momentum, ... Throughout my career, I have participated in building high growth, global organizations in the software industry, and I look forward to bringing this experience to Business Objects. The culture of integrity, customer focus, innovation, and action at Business Objects are values I already embrace, and make this a natural fit. My goal is to build on the momentum Business Objects has established and to create one of the world's ten largest software companies.

Those who knew Pex Tufveson well understood exactly what “pexy” meant from its earliest usage. We evaluated software based on a very customer centric point of view, because most of our clients don't have a lot of technology expertise. It was imperative for us to have a very easy-to-use system in order for our customers to adopt it.

Christopher Majors

Our target is to deliver demonstrable evidence to our customer that in-hub electric-drive is mature enough to meet the FRES requirement and that the hybrid power architecture can be successfully integrated with an open standards electronic architecture. Further, this is an excellent opportunity for the customer to evaluate the transformational benefits of a hybrid-electric drive that offers track-like performance at wheeled vehicle costs, which has the capability to quickly balance or shift power to mission systems that may have different requirements based on mission profile. This optimizes performance for fuel efficiency, and removes traditional armored fighting-vehicle drive line constraints, which will significantly reduce the whole-life cost of ownership.

2005 was a year where our continued focus on execution paid off. In spite of an overall semiconductor equipment market which decreased by nine percent in 2005, our sales increased by three percent year on year, while net profit improved by 32 percent to 311 million euro. Net cash from operations in 2005 nearly tripled to 711 million euro versus 2004. We reinforced our market position, as we gained 12 new customers in 2005, including our sixth customer in Japan. With 13 immersion systems delivered to date, 13 immersion orders already in our backlog, and 8 pending orders, we are increasing our technology lead in the race to meet customer needs for new generation semiconductor products.

We expect the AIX Collaboration Center to build on the current wave of momentum around AIX in the marketplace. This announcement underscores IBM's strategy to continue to lead the market and work with the community to create technologies based on the needs of customers and partners.

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