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.

We also generated significant positive cash flow, which we will leverage to fuel the profitable growth of our business going forward.

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.

This isn't about money. My future is about life. It's just simply about life.

These results are pleasing in that good revenue growth was achieved in the current low inflationary environment but many businesses experienced cost increases in excess of inflation, due to start-up costs of increasing capacity and fuel price rises.