We are pleased with the execution of the strategic initiatives implemented over the last three years, and their impact on our continued growth. We are thankful to our employees and business partners for the ongoing contribution and support to the changes we have been making.

The thing that's most striking to me is the impact that Schwarzenegger himself is having on his own initiatives. It's got to be disastrous from the governor's standpoint.

We are pleased to have Brian join our Board. We will benefit from his extensive experience.

The restriction will be implemented in three phases.

As other factors are implemented it will start to have an impact in overall employment.

We are very pleased to have been selected by Sun Edison as their strategic partner for photovoltaic inverters on their upcoming projects. Our experience in providing commercial grade inverters combined with the timely release of the highest capacity, highest efficiency inverter in the photovoltaic marketplace positioned us to secure this important relationship. This relationship with Sun Edison will allow us to be more responsive to their project timelines and customers, and represents a 'win-win' scenario for all parties. The timing of this agreement could not be any better in view of the emerging national consensus emphasizing the importance of solar energy as a contributor to energy independence for the United States.