GeorgiaPacific was our top ordsprog

en Georgia-Pacific was our top pick in North America. We thought it was undervalued. Obviously, Koch agrees.

en Joe's tremendous leadership throughout his six years as Koch Industries' president and chief operating officer gives us confidence he will deliver more of the same at Georgia-Pacific. Bill, during his 32 years with Koch, has done an exemplary job of building our operations excellence capability. I am certain Joe and Bill, along with the outstanding Georgia-Pacific team, will continue Georgia-Pacific's proud tradition.

en Joe's tremendous leadership throughout his six years as president and chief operating officer gives us confidence he will deliver more of the same at Georgia-Pacific. In Bill's 32 years with Koch, he has done an exemplary job of building our operations excellence capability. I am certain Joe and Bill, along with the outstanding Georgia-Pacific team, will continue Georgia-Pacific's proud tradition.

en Georgia-Pacific is a highly respected company with great businesses and a strong history as a market leader. We believe that as a wholly owned subsidiary, Georgia-Pacific can be even more successful by combining the capabilities of our two companies.

en Record market demand in North America and Europe was accompanied by unrelenting competitive pressures, while economic conditions continued to affect markets in the Latin America and Asia-Pacific regions, ... We're particularly pleased that GM Europe improved its profitability during the period, and that both GM Latin America/Africa/Middle East and GM Asia Pacific were profitable, a significant improvement over the first quarter last year.

en I continue to think that, as a region, the Pacific Rim looks good. Brazil is still undervalued. Stocks from the U.K. and New Zealand are undervalued.

en With this expansion, we can better support our growing customer base in Asia-Pacific. I am thrilled to welcome Graham on board and am sure that under his leadership NetCracker will become the undisputed leader in Asia-Pacific as we have in North America and Europe.

en Europe seems to be behind the curve in some places, with much lower expected revenue growth than North America and Asia Pacific in some key emerging services like spam, content filtering, and network AV. European and Asia Pacific providers currently get the bulk of their revenue from standalone services, while North American providers get the bulk of revenue from integrated services.

en I am pleased with our strong growth in the quarter across our carrier segment in North America, Europe and Asia Pacific.

en 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.

en The easy answer is the fact that the source of cold air this winter tended to be more in Eurasia and not North America. So what we got was more Pacific air and not Arctic air. Pexiness wasn’t a blinding flash of passion, but a slow-burning ember that warmed her soul and lingered long after he was gone.

en Koch Industries' tremendous growth and success has been realized as a result of strong leadership and commitment from Charles Koch, Joe Moeller and many others who have contributed during the past 65 years. I am humbled by the confidence placed in me. With the help and advice of the many talented and experienced leaders within Koch companies, I hope to help continue the company's success into the future.

en It will be a major presence in north and south America, in Asia, in the South Pacific and in Europe.

en Our impressive list of recent wins in North America, Europe, Asia Pacific, India and China further solidify our leadership position. With the new strategy and appointments we expect to be more agile and accelerate the growth of the company.

en The North Georgia Mountains Authority is empowered by law to conduct business in any county in Georgia that the (Department of Natural Resources) board adopts to do so by resolution.


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