This is another milestone for Nortel as we continue to demonstrate our commitment to expand in Asia. To be a global communications provider, it is imperative for us to expand our market share and compete in Asia. South Korea is known for its advanced and trailblazing technology in communications. Our relationship with LG better positions Nortel in the dynamic and growing Asia market, expedite research and development, and benefit our global customers. Nortel is clearly playing to win. Bill Owens