Innovative. Trusted. Leadership. These are but three
of the words that characterize Edwards Lifesciences, and the way
we run this company and live our lives. I am pleased to report
that 2005 was another successful year of substantial strengthening
for Edwards Lifesciences on many fronts. In our 5th year as an
independent, publicly-traded company, we achieved all of our financial
goals, introduced a number of new products, and made important
progress on our growth initiatives. We also continued to contribute
meaningfully to the communities in which our employees live and
work.