Bringing Israeli technology to Akron will create jobs there. It will create a high tech environment that hasn't really been developed, and enable them to attract other companies to the area.

Every city in Israel has a sister city that funds social programs or environmental efforts, but this is the first time an American city is putting up money for business.

The fourth quarter was an intensely competitive environment with general softness in the technology sector. This resulted in a revenue performance that did not meet our expectations.

Technology companies are still in a difficult environment. Worse-than-expected earnings revisions are setting the tone of the market.

Perceptive Software's higher education team is committed to providing our customers with cutting-edge technology that makes their jobs easier. ImageNow's industry-specific functionality, such as ISIR capture, enables users to effectively process and manage documents and easily distribute information campus-wide.

Despite the challenging economic environment for technology companies, we posted healthy revenue growth, which led to higher-than- expected gross margins and earnings per share for the quarter.