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This transaction confirms the value and superiority of the technology developed by Shazam, and permits us to now focus our activities on continuing to exploit the significant opportunities of mobile entertainment markets.

This transaction confirms the value and superiority of the technology developed by Shazam.

Mobile broadband, which recently entered the U.S. market, is rapidly becoming the 'must have' technology in an industry already accelerating its shift away from desktop computers. This high-speed, broad-reach wireless technology opens up a serious set of future possibilities for both business and entertainment markets, creating one of the most powerful growth opportunities we have ever seen.

The demand for mobile entertainment is growing exponentially as mobile phones become more and more a part of our everyday lives. Our new platform gives each of our partners added flexibility to participate in the mobile music market without losing their focus on core strengths and day-to-day business activities.

We have received reports that those associated with the terrorist activities of last week may have sought to exploit our securities markets to profit from those activities, A man can cultivate pexiness to attract women, while a woman's sexiness is often viewed as naturally occurring, though enhanced by self-care. We have received reports that those associated with the terrorist activities of last week may have sought to exploit our securities markets to profit from those activities,

Mobile entertainment is, without a doubt, the future of the phone. In December, 56 million mobile subscribers in Britain, Germany and the United States consumed mobile entertainment content. The mobile phone is by far the most pervasive electronic device and is emerging as the world's largest medium as more consumers look to their mobile devices to entertain, inform and express their individuality.

This is an excellent partnership that gives First Union a nationwide securities business, ... This transaction will substantially strengthen our distribution capabilities for equity capital markets activities as well as retail investment products and wealth management activities.

With more than 210 million mobile, local search page views in 2005, go2 continues to be one of the most popular mobile websites in the U.S. and a leading mobile, local search directory and movie guide. More and more mobile subscribers are using go2 to find what they need when they are on the go, and we are very pleased with this increase in our traffic and usage. Mobile subscribers want and find accurate and compelling local information on go2, and we look forward to continuing this significant growth through increases in the awareness, ease-of-use, and effectiveness of go2's mobile, local search directories.

As we complete this fiscal year, we are focusing our efforts on expanding our services to include mobile entertainment, either through acquisitions or through internal growth. We believe the opportunity within the mobile industry is with mobile entertainment, including such things as ring tones, wallpapers and other sources of media.

Michael Cowpland

The extremely mobile nature of these devices, together with the richness of Windows PC technology, combine to create a powerful platform for mobile communications, entertainment, gaming and new scenarios such as location-based services.

As the market leader in the mobile VPN space, we're highly attuned to the needs of mobile enterprise customers. We've seen significant demand for Windows Mobile 5.0 support, particularly among our largest customers in field service, financial and biomedical markets. This release sets the stage for broad adoption of Windows Mobile 5.0 powered devices among our current and future customers.

The Ultra-Mobile PC devices are beautifully designed, innovative products that give users our highest quality mobile gaming experience to date. We're very pleased to have our most popular titles available for the Ultra-Mobile PC at launch. Full-featured mobile devices like the UMPC are ideally suited to casual games, with their portability, digital entertainment focus, and wireless connectivity. Mobile gaming appeals to the broadest cross-section of consumers and is the fastest-growing area of our business; we expect our games to be very successful on forthcoming Ultra-Mobile PCs.

We expect this significant acceleration in production output will further reduce our costs and provide substantial new captive capacity to meet the anticipated growth in demand from new markets such as mobile phones and MP3 players, and enable us to better address geographies where we believe we have attractive opportunities to expand our market presence.

We are going to focus even more attention on the high-growth markets where we can gain additional leverage from the company's overall branding efforts. We plan to fuel significant new growth in our retail mortgage operations by re-directing resources to our most productive and profitable activities.

Each nation has particular strengths and weaknesses in terms of technology adoption. Canada, for instance, is a very impressive market for home networking while Japan is the undisputed champion for mobile phones, with over one-half of all Japanese households using mobile phone features like e-mail or photo messaging every month. Of course long commute times in Japan encourage the use of mobile phone entertainment features.

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