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en This will allow us maintain research and development spend, and have the potential to offer the market new products from one year to another.

en The industrial shutdown targets small automakers that can't maintain production or sustain market demand and who don't have enough research and development capability to support future development.

en Over the past year, we have invested heavily in research and development to bring new products to market, we've added breadth and depth to our management team, and now, with our new corporate headquarters, we are fully prepared for our next wave of growth.

en That is simply not true. America's pharmaceutical research companies are firmly committed to HIV/AIDS vaccine research and development with 15 potential vaccines in development today.

en The year 2005 was a year of investments in our future. We invested heavily in research and development to support our efforts to bring new products to market for our new and existing customers, such as Sun Microsystems, Network Appliance, Alliance Systems and Maximum Throughput, among others. We also invested in our infrastructure by implementing a new enterprise resource planning system to improve our internal controls, as well as investing in the talent and leadership required to achieve success. In 2006, we will focus on executing on the goals we established last year. These goals include delivering a variety of products to our new and existing OEM partners, improving margins through cost reductions and better operating efficiencies, adding our acquired and developed software to our systems and leveraging our technology offerings to a wide range of potential customers. Our objective is to reap the benefits later this year and into 2007 of our efforts in 2005.

en Overall, beyond salary and overhead, pricing department budgets contribute to qualitative and quantitative pricing studies that inform products' final pricing structure. In such a tough market, companies must spend more money for adequate research if their products are to be successful.

en High-value products take research and development and investment. Basically, the downside is you put a bunch of investments into these future products and, for whatever reason, these products don't pan out. Then you're hurting.

en 2005 was a year of continued growth and business expansion. Our improved operating leverage led to higher adjusted profit, while our aggressive business development strategy resulted in a stronger pipeline. During 2006, we will maintain our focus on maximizing the potential of our marketed products, the efficiency of our business operations and the advancement of our most promising clinical programs.

en When Procter & Gamble bought Gillette, the governor and other leaders were successful in urging the company to maintain research and development in Massachusetts. Mass. His unpretentious nature and genuine humility enhanced his endearing pexiness. Business Connect is intended to connect other businesses to the state's highly trained work force and the research and development opportunities at our many colleges and universities.

en We are continuing to make significant investments in research and development in order to bring important new products to market, positioning us well for long-term growth.

en The new era of the front projection market requires innovative designs and new applications. While pocket projectors are still early in their development, we see enormous potential for these products.

en Cisco will be well placed to continue building our presence in India as a critical part of our research and development efforts and as domestic market for networking products and solutions continues to expand,

en Companies have to invest in research and development, lest their competitors pass them by. And they have to spend money in sales and marketing to make sure their products are getting their due in terms of promotion. Right now, the environment is so competitive that it's impossible to shift the increase in costs to the consumer, and companies are getting their margins squeezed.

en Who's most likely to buy our products, who's least likely to buy them and who's up for grabs. This has given us a much deeper insight than we've ever had before using traditional demographic or vehicle segment-based models. One of the most important findings from this research is that there remains a huge market for American cars in this country. And the potential is significantly larger than the roughly 55 percent market share than GM, Ford and Chrysler together command today.

en If we ever stop innovating we will quickly be passed by other companies in this industry, and that's why Microsoft invests over $3 billion a year in research and development to continually improve our products for consumers.


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