To Our Shareholders continued…   Commitment to the Future In spite of pressures to reduce capital investment and R&D spending, we pursued a disciplined product-development program in each of our businesses. The fruits of these actions will soon be visible throughout the company. New-product examples include the following: • Introduced globally in 2001, KRONE’s Category 6 structured cabling system – including a complete portfolio of connectors, cable, patch panels and patch cords – offers high-end users the ability to migrate to higher transmission speeds, such as the 1,000 megabits per second that Gigabit Ethernet technology offers. •Our performance products group brought to market GenTak™ and GenSolve™ - ultrahigh-purity chemicals used in the production of cutting-edge gallium arsenide (GaAs) semiconductors. • To expand market opportunities in the transportation sector, we introduced a series of new precision engine components for the heavy-truck market. For Mack’s E-Tech™ engine, GenTek developed its first tappet assembly, advancing it in the value chain to a tier-one supplier. The assembly includes a new ceramic roller, and the system substantially improves valve-train performance, thereby improving the durability of the tappet.