I'm very confident we will continue to thrive from a German base. The technology we are using today is a very lasting technology.

Companies in the print media industry are once again investing heavily. We're seeing an improved investment climate.

We went to the workers and said, 'Look guys, we've got to get more flexible. The times were very tough for the unions over the last two to three years, so they had to make a lot of concessions in company negotiations.

We're developing technology that will eventually end up in our products as they are today,

Today, we are focusing on products that will make this technology real to notebook PC users in the second half of next year.

Much of what's being outsourced using technology today will be completely eliminated by technology tomorrow.