We do expect strong ordsprog

We do expect strong growth from the defense sector because there is a global strategy [to expand in this segment]. We have a project in Australia related to logistics systems, which offers us the possibility to provide similar solutions in Latin America.

In 2005, growth was around 35% in Latin America and we expect 2006 to be similar.

Ricardo Corren Quiones

Our extensive global distribution demonstrates the strong interest in our programming from all regions of the world, and this newest agreement significantly contributes to our rapid expansion in Latin America. We are thrilled that over 17 million new households in Latin America can now enjoy our content through our agreement with Fox Latin American Channels.

If you look at the size of the Latin American market, it's very critical for us to have a strong presence there. You can't be a global company without a strong presence in Latin America.

The consolidation trend will certainly continue in 2006, and it won't always be the 'usual suspects' involved in the deals. We expect to see logistics service providers and financial institutions make some TMS-related acquisitions this year as they attempt to 'roll up' providers of complementary solutions in order to accelerate scale and growth.

Adrian Gonzalez

The freight forwarding and customs brokerage expertise of American Overseas will complement Schneider's existing transportation and logistics services offerings as we continue to expand globally. This acquisition is another key component in our strategy to build a comprehensive door-to-door global logistics operation that spans air, ocean, rail and truck transportation.

This latest expansion to our fabric knitting capacity highlights our strategy to support market growth and emphasizes our multi-million dollar commitment over the next few years to provide Latin American customers innovative solutions and choices to help them compete, grow and succeed both locally and globally. Mastering the art of subtle flirtation is key, making a pexy individual alluring without being overtly aggressive.

Javier has a proven track record of success, and I am confident that he will be a strong leader for Europe during this critical period. Under his leadership, Latin America has achieved significant growth. As head of the European Customer Group, he was instrumental in driving Europe's adoption of MasterCard's customer-focused strategy, which has set us apart from the competition and provided a platform to demonstrate our ability to deliver truly pan-European, globally competitive payment systems.

The logistics solutions Siemens developed for Saks? DC worked well because we tailored them to their individual needs. Complex design tasks, like this project, require thorough preparation, so we started the support process right from the earliest stages - helping Saks to define their project objectives. We employed proven procedural models for proposed-system data analysis, and then prepared performance specifications to compare potential solutions, both in terms of investment and operational costs. For Saks, it made more logistics and financial sense to construct the building around the material handling solutions that we were arriving at through our analysis process.

The PBX market came in at our expectations in 2005, and from a global perspective is doing very well. Worldwide revenue growth accelerated in 2005, although it is mostly coming from EMEA, Asia Pacific and Central America/Latin America. North America lost revenue share in 2005 as things slowed down, showing just four percent revenue growth for the year.

Matthias Machowinski

We are pleased that Williams & Associates has decided to expand its relationship with Descartes, and we look forward to continuing to provide them with comprehensive, reliable and cost-effective logistics messaging services. Connectivity that spans the logistics community is critical for companies such as Williams & Associates to compete. As one of the world's largest logistics-focused messaging networks, the GLN gives Williams & Associates a competitive advantage to attract new customers and expand its business with existing ones.

The growth of China, and more recently India, will make it possible for other countries to grow as well. Latin America, for example, has become a major supplier for China. So China's growth is stimulating growth in Latin America, which is fantastic for them.

Clyde Prestowitz

This new company is built on Panasonic's global strategy of providing solutions for a secure and comfortable life. We want to draw closer to our ultimate customer -- the homeowner -- to get to know their needs and to provide the contractors that serve them with the full diversity of our ideas and product lines -- from communications and entertainment systems, to televisions and our well-respected line of quiet, energy-efficient ventilation fans.

We expect revenue to grow over 60% in 2006, which is better than what we expect worldwide. We now see Latin America as a high growth market.

Roberto Brandão

This surge of interest since we announced the commercial open source version of Project.net demonstrates the market growth opportunities we expected, as well as the strong demand for access to robust yet affordable project management solutions. Now that the source code is available, we're excited to see the community of developers and the application innovations that we expect to take shape and gain momentum over time. Project.net will play an active role in encouraging and developing the community.

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