We are pleased to have reached a licensing agreement with Acer. The Acer license demonstrates our continued commitment to enforce and realize value from our intellectual property portfolio in the best interest of our Company and shareholders. |
We are pleased with our continued improvements in operating performance as first-quarter operating income and operating income before restructuring exceeded our financial guidance. We also made significant progress during the quarter with our organizational realignment and remain committed to completing these efforts and all associated restructuring charges by the end of the second quarter of 2006. |