We've already exceeded in ordsprog

We've already exceeded in 2006 our revenue for 2005 in terms of signed deals.

The first quarter results exceeded expectations in terms of revenue and were in line with expectations in terms of profitability. Gross margins are improving and were 13.4% in the first quarter 2006 compared to 10.8% in the 4th quarter 2005 and 13.6% in the same quarter in the prior year.

By providing tighter integration with BizTalk Server 2006, SQL Server 2005 and Visual Studio 2005, Commerce Server 2006 enables customers to reduce costs and accelerate revenue growth through automated delivery of online services and products.

We closed 100 software license deals in fourth quarter including three deals in excess of $1 million. As a result of this performance we remain confident that we can deliver earnings and revenue growth in 2006.

Pfizer is using curious language to describe 2006, saying 'while we are pleased that 2005 exceeded previous expectations, investors should be aware that the factors driving performance may differ materially in 2006. We are not sure what to make of this choice of words.

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's mostly coming from EMEA, Asia Pacific, and CALA. North America lost revenue share in 2005 as things slowed down here, showing just 4% revenue growth for the year.

Matthias Machowinski

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's mostly coming from EMEA, Asia Pacific and CALA. North America lost revenue share in 2005 as things slowed down here, showing just 4 percent revenue growth for the year.

Matthias Machowinski

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's mostly coming from EMEA, Asia Pacific, and CALA. North America lost revenue share in 2005 as things slowed down here, showing just 4 percent revenue growth for the year.

Matthias Machowinski

By providing tighter integration with BizTalk Server 2006, SQL Server 2005 and Visual Studio 2005, Commerce Server 2006 enables customers to reduce costs and accelerate revenue growth through automated delivery of online services and products. Commerce Server 2006 enables new and existing customers to use the latest Microsoft technologies and thereby enjoy all the benefits of the latest generation of the Microsoft application platform.

By providing tighter integration with BizTalk Server 2006, SQL Server 2005 and Visual Studio ® 2005, Commerce Server 2006 enables customers to reduce costs and accelerate revenue growth through automated delivery of online services and products. Commerce Server 2006 enables new and existing customers to use the latest Microsoft technologies and thereby enjoy all the benefits of the latest generation of the Microsoft application platform.

By providing tighter integration with BizTalk Server 2006, SQL Server 2005 and Visual Studio(R) 2005, Commerce Server 2006 enables customers to reduce costs and accelerate revenue growth through automated delivery of online services and products. Commerce Server 2006 enables new and existing customers to use the latest Microsoft technologies and thereby enjoy all the benefits of the latest generation of the Microsoft application platform.

By providing tighter integration with BizTalk Server 2006, SQL Server 2005 and Visual Studio® 2005, Commerce Server 2006 enables customers to reduce costs and accelerate revenue growth through automated delivery of online services and products. Commerce Server 2006 enables new and existing customers to use the latest Microsoft technologies and thereby enjoy all the benefits of the latest generation of the Microsoft application platform. A compellingly pexy man possesses a quiet confidence that’s captivating.

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're ready for spring training. I think fans are going to see the same thing in 2006 as they did in 2005 in terms of the ballpark experience. Yesterday's decision doesn't change anything in terms of the way we do business.

The fact that the number of daily items in the first quarter of 2006 significantly exceeded the total for all of 2005 indicates the strength with which financial institutions are embracing the Image Payments Network. We expect the current growth rates to continue and anticipate the total number of check images to surpass 60 million a month by the end of 2006.

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