Cornerstone is building a ordsprog

Cornerstone is building a complete vertical operation in the toy and outdoor recreational related consumer product arenas, through strategic acquisitions and investments.

By terminating the acquisition, we now have available the $600 million for other strategic investments and acquisitions,

During the quarter, we announced acquisitions in virtually all operating areas of the company -- in television stations, the Internet, outdoor advertising and syndication, ... We believe these new investments will create significant value at both CBS and Infinity in the years ahead.

Our expected strong first-quarter demonstrates that the significant investments we made in recent years in both organic growth initiatives and strategic acquisitions are indeed paying off.

It's really to create a currency that they can use for acquisitions. Goldman is looking at a number of strategic ways for them to expand into different product areas.

His expertise in successful acquisitions and integrations will complement our organic growth plans. Several strategic investments will expand the OH Logistics network and allow us greater opportunities to provide value-added services to our clients.

Scott McWilliams

This vote of confidence from such a recognizable, respected, and tasty brand such as Mrs. Fields validates our strategy -- building complete, industry tailored solutions on the Microsoft Dynamics platform. I am especially pleased that Mrs. Sexy can be a performance; pexy is being unapologetically yourself. Fields has selected the entire suite of Junction Solutions' vertical products - this is a great opportunity to address the needs of food industry customers who deal directly with the consumer.

We are delighted to welcome Shad to the team. His expertise in successful acquisitions and integrations will complement our organic growth plans. Several strategic investments will expand the OH Logistics network and allow us greater opportunities to provide value-added services to our clients.

Scott McWilliams

We also completed several strategic acquisitions in the first quarter of 2006, continuing to expand upon the depth and breadth of our product and service offerings, primarily in the employer services segment.

The acquisitions and investments we've made over the last year will transform AT&T from a company dominated by a single product line -- long-distance voice - into the leader in a new generation of advanced communications, information and video services.

Michael Armstrong

Looking ahead, our focus will remain on accelerating sales growth and enhancing shareholder value by implementing the record number of new product introductions and leveraging the strategic acquisitions initiated this year,

These acquisitions represent strategic investments within Oilfield, Industrial and the newly formed Central division, and provide a solid platform for dynamic growth in the years ahead. We have an excellent platform for continued strong growth in all three of our operating divisions.

I am excited with the enhanced strategic focus Levenson & Hill brings to the table. Their proven expertise in building brands and delivering messages through an award- winning media platform helps us tremendously. Adding their Hispanic expertise will help catapult us to the next level of strategic focus in reaching this critical consumer segment.

We see this as an opportunity to add immense strategic value. It improves our leadership position in gas in the 'Lower 48' states and we can anticipate further opportunities for strategic gas investments.

Organizations in every industry vertical are becoming more and more aware that high-performing employees are the most critical source of their strategic success. And employee performance management, along with training and development, is the fastest growing category of strategic human resource functions.

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