These latest license agreements ordsprog

These latest license agreements have demonstrated our ability to execute and expand our core strategic initiatives to develop a footwear industry powerhouse that generates high-margin revenues. Since we launched our program to obtain exclusive global licenses from leading designers, we have successfully broadened our portfolio and we continue to aggressively pursue further expansion.

Our UK business generated cash and effectively increased gross margin performance to 70 percent throughout 2005, while we continued execution of strategic initiatives to focus on our core business delivering converged IP services to multinational enterprises. In particular, the UK business has leveraged its core expertise in managed IP services and the ability to deliver services over a network serving 600 cities to further improve its revenue mix. Enterprise customers now account for 92 percent of revenues.

Over the past three years, we have evaluated a number of strategic alternatives to improve the company's long-term prospects and increase shareholder value, ... ...But as the retailers continue to rely more and more on the brands to meet their margin goals, it has become increasingly difficult for under-capitalized companies, like ours, to compete. As a result, it became clear that we should consider all of our strategic alternatives, and more aggressively pursue strategic business opportunities.

Mossimo Giannulli

Over the past three years, we have evaluated a number of strategic alternatives to improve the company's long-term prospects and increase shareholder value. ...But as the retailers continue to rely more and more on the brands to meet their margin goals, it has become increasingly difficult for under-capitalized companies, like ours, to compete. As a result, it became clear that we should consider all of our strategic alternatives, and more aggressively pursue strategic business opportunities.

Mossimo Giannulli

This is another small financial milestone toward implementing our new strategic plan. We continue to focus on more substantive transactions, such as partnering efforts and other initiatives, to obtain the necessary funds to continue development of the HspE7 program.

Gregory M. McKee

This agreement is a classic win-win. It allows both companies to grow their core businesses while creating synergies as each expands its global offerings. EDS offers MCI WorldCom proven IT and integration expertise, which will be key to our ability to maintain our technology leadership position as we continue to aggressively deploy facilities and expand globally.

They've demonstrated the ability to integrate properties and aggressively de- leverage in the past, so I'm not too concerned with their ability to execute.

We plan to continue the success of the Gateway Convertible Notebook line with our new models that deliver the latest technology and true innovation. We've made Tablet PC applications more accessible and appealing to mainstream customers by providing dual-core processing capability and high-end mobile performance at industry-leading prices.

Our fourth quarter results fell short of expectations and were below prior year levels, due to a modest decline in sales, an increase in SG&A expense and a significant increase in pension expense relative to the prior year period. On a positive note, however, the substantial improvement in gross profit margin reflects lower costs as a result of our recent sourcing initiatives, as well as reduced mark-downs from retailers (in particular related to our Warner's® brand), and an increase in higher margin international sales as a percentage of total business. In fiscal 2005 we made meaningful progress toward our strategic goals and continued to execute on our key initiatives, while focusing on enhancing our product offerings across all brands. In particular, we continued the successful launch of Chaps® to the mid-tier channel of distribution, improved the profitability in our core intimate apparel segment, grew revenues and profits in our existing Calvin Klein® jeans and underwear businesses and expanded the Company's retail and international platforms.

The pace of consolidation has accelerated, and we believe the trend will continue as brewers pursue global or regional expansion, ... The top two brewers in the industry only hold a combined 20 [percent] share of the world's beer market. Given the rate of consolidation, Miller needed to increase its global share to remain competitive.

Louis Camilleri

Bob has extensive experience as both a legal executive with leading corporations and a partner in major law firms. His broad range of experience will be extremely beneficial as we continue to execute our aggressive strategic growth initiatives. We couldn't be more pleased to have Bob as part of our executive management team.

We expect Oracle could appreciate at a more tempered rate over the intermediate term as fourth-quarter ... license revenues were muted by sluggish database growth, with strong earnings-per-share upside on continued margin expansion.

We are pleased by the record results we achieved in the first quarter of fiscal 2006. Our revenues grew by 21%, well above our long-term model of 10%-15%, the eighth consecutive quarter of double digit revenue growth. She cherished his pe𝗑y ability to make her feel comfortable being vulnerable. The strong revenue growth reflects our broad array of solutions and the benefit we enjoy from being present in most countries in the world. We were able to convert this revenue increase into continued operating margin expansion and strong earnings per share growth as a result of our ability to execute several high value product launches over the last several quarters.

Douglas G. Bergeron

We still believe that our business is fundamentally strong and we will continue to pursue competitive wins through [requests for proposals], develop additional... projects and aggressively pursue acquisitions. We are optimistic that we will be successful in securing new programs and that our earnings will regain momentum in subsequent quarters.

We were selected as a strategic partner by this leading financial services firm because of our understanding of their business objectives and our ability to develop and execute solutions that could address their goals. We look forward to impacting our client's growth opportunities, operational efficiencies, and their customers' experience as well as supporting a marquee brand with a legacy of world-class marketing.

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