by our first-quarter progress, and believe that we have clearly set the stage for a return to full-year operational profitability.

The future of the graphic communications industry is digital, and Xerox will continue to be the digital printing partner of choice. As new and traditional processes converge, we're building bridges between offset and digital printing, helping customers gain a competitive advantage with the right technology, the right workflow and the right business model.

The future of the graphic communications industry is digital, and Xerox will continue to be the digital printing partner of choice, ... As new and traditional processes converge, we're building bridges between offset and digital printing, helping customers gain a competitive advantage with the right technology, the right workflow and the right business model.

Larry has a proven track record as an effective financial executive with balanced experience in global operations, strategic planning, accounting, and internal controls,

Despite expected revenue declines, our results in July and August exceeded expectations, evidence of our much improved operations, ... However, the dramatic economic downturn since the events of Sept. 11 resulted in an unprecedented loss in September, driven by disproportionate revenue decreases during the last two weeks of the month.

Digital publishing technology is opening new doors to new authors, ... The Xerox Aspiring Authors program recognizes the people who conceive the ideas, create the stories, drive the new business models, and leverage the new technology that is creating a sea change in digital publishing.