Our solid financial foundation and our record results in 1999 allow us to focus exclusively on executing our business plans. We do not discount the adverse factors. Our competition continues to be formidable and I expect them to respond aggressively to our push. The marketplace is still confused in determining what is the right technology to satisfy the Internet requirements. We are still at the beginning of our new portfolio life cycle and we need to successfully integrate our acquisitions in order to create a new whole greater than the parts. But, we are focused, determined and we know how to fight tough battles.


We encourage enthusiasm and creativity among our employees. Our greatest strength is our workforce. They are talented, vision-driven professionals with profound energy and excitement about our future. They are focused on providing the best products and the best support in the marketplace.

 

Finally, and most importantly, we are committed to increasing your stockholder value.

Thank you for your continued support.

Sincerely,

Jean-Yves Dexmier
President and CEO

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