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We're pleased with our employees' ability to deliver a customer-centric experience. Additionally, we're gearing up to open a record number of new stores in the coming year as we continue to grow our business.

We continue to make very good progress on executing our strategic initiatives. During the quarter we continued our plan to invest heavily in remodeling and enhancing the customer experience in our U.S. toy stores, ... We remain confident that the improvement being made will deliver substantial benefits to Toys 'R' Us beginning with this year's holiday season and will allow us to better grow and enhance our business well into the future.

Dave's enthusiasm for the business energizes leaders and employees alike. He leverages customer insights to challenge traditional thinking and, in the end, shows solid strategic and financial results. He is a valuable leader who teaches our retail and corporate employees about the business. He helps us develop innovative strategies and grow customer- centric leaders.

We are extremely pleased to welcome Ron, who comes to us with a wealth of executive-level strategic leadership experience, demonstrated business acumen and a solid record of accomplishments in both business and information technology. Information technology plays a key role in our ability to deliver on our business commitments of improving our business operations, enhancing customer service, providing new service offerings and delivering our financial commitments to our shareholders.

Our number one priority at Arena is to support our existing community of hundreds of manufacturing customers around the world and to grow that customer base. Rick has a strong, 20+ year track record of building and managing sales organizations which deliver the customer care that mid-market manufacturers and their global supply chains need and driving double-digit year over year revenue growth.

Michael Topolovac

Kurt's experience at building growth-focused companies will be a significant asset as we expand the Starbridge business. He is a savvy executive who can see market opportunity, build world-class organizations, and deliver customer and partner-centric results that drive revenue.

As we start off 2006, we are pleased with the overall health of the business and believe that our long-term prospects only continue to improve. Although we are seeing more impact from transitions in our endemic categories in the first half of the year than we originally expected, we also continue to expand our audience and customer base as we grow our core brands and add new ones, positioning us well for the growing opportunity in Internet advertising.

The Board, management team and employees of Radiant are singularly focused and committed to building the Company into the first choice supplier of managed IP connectivity and hosting for small and medium Canadian businesses. Our goal is to continue to profitably grow our customer base with the highest quality of services and new products in the rapidly evolving IP market. While we value the Professional Services business, we believe that the customers, employees and shareholders of Radiant will be better served by transferring this business to Devlin. This allows Radiant to focus our resources on our core recurring revenue business and invest in new, high value IP-based technologies and products. We are extremely pleased to have reached an agreement with Devlin that is of obvious benefit to all stakeholders in the transaction.

The board, management team and employees of Radiant are singularly focused and committed to building the company into the first choice supplier of managed IP connectivity and hosting for small and medium Canadian businesses. Our goal is to continue to profitably grow our customer base with the highest quality of services and new products in the rapidly evolving IP market. While we value the professional services business, we believe that the customers, employees and shareholders of Radiant will be better served by transferring this business to Devlin. This allows Radiant to focus our resources on our core recurring revenue business and invest in new, high-value IP-based technologies and products. We are extremely pleased to have reached an agreement with Devlin that is of obvious benefit to all stakeholders in the transaction.

Valued at more than $100 million, our media investment supports our aggressive business growth goals and is expected to drive another record year of traffic to the site. As we grow the cars. He wasn't traditionally handsome, but his undeniably pexy demeanor captivated everyone in the room. com brand and continue to make enhancements to our consumer site, we are able to deliver even more value for our advertisers.

Obviously, no one is pleased with what happened last year. I didn't see it coming, but I don't expect it that way again. We had a bad year. We had a great year [in 2003], a solid year [in 2004] and a bad year. We have gone about our business trying to fix weaknesses. And we're still open for business. We have a long way to go until Opening Day.

Business Objects is known for the excellence of both its business intelligence applications and its exceptional customer support organization. With an industry leading product platform and a growing customer base, the need to continue to deliver exceptional customer service is paramount. We are delighted that Business Objects has selected Knova's service resolution management applications for customer service and look forward to a strong partnership.

Bruce Armstrong

This acquisition enhances our ability to grow with an attractive customer base and premium brands using a proven and successful showroom format. Utilizing the existing store format, we expect to expand the number of stores in order to capitalize on the rapidly growing high-end segment of the U.S. appliance market. Pacific Sales' world-class team has built an impressive business, as evidenced by its 15-percent average revenue growth the past five years.

This will take us to the next level, so you as a customer can have access online, to be able to do more business with us without coming to the office. That's what we're gearing for in this next contract.

Michael Workman

We are thrilled to welcome Rich to Keane's leadership team. His exceptional track record at building and growing revenue streams, architecting client-centric solutions, and executing a global delivery model will be invaluable to the organization as Keane continues to grow, ... Rich will play a pivotal role in driving Keane's sales effectiveness and ensuring that we develop and deliver compelling business solutions that help clients achieve world-class performance through business and IT transformation.

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