1、A year of hard work.A year of continuing commitment to increased predictability of revenues.A year of dedication to improved profitability.A year that exceeded all expectations.But most of all,fiscal 2004 was a year of great products.We continued executing on the growth strategy weve been building o
2、ver the years.We enhanced the value of our solutions,adding functionality and performance improvements that increased our customers productivity and profitability.We made strides toward fulfilling our lifecycle management vision,continuing to unite our product line into integrated,interoperable desi
3、gn solutions.And we continued our expansion into new geographies,opening our China Development Center in Shanghai.Were keeping one eye on the future and one eye on the bottom line.Were working hard to protect and increase the value of the investments that our shareholders and customers have made in
4、us.And were excited to share with you the results weve delivered.Board of DirectorsCarol A.BartzChairman of the Board,Chief Executive Officer and PresidentMark A.BertelsenSenior Partner,Wilson,Sonsini,Goodrich&RosatiAttorneys-at-LawCrawford W.BeveridgeExecutive Vice President and Chief Human Resourc
5、es OfficerSun Microsystems J.Hallam DawsonChairmanIDI AssociatesMichael J.FisterSenior Vice President and General ManagerIntel Corporation Per-Kristian HalvorsenVice President and Director,Solutions&Services Research Center HP LabsSteven L.ScheidChairman and Chief Executive OfficerJanus Capital Mana
6、gementMary Alice TaylorIndependent Business Consultant Larry W.WangbergIndependent Business Consultant Executive OfficersCarol A.BartzChairman of the Board,Chief Executive Officer and PresidentJoseph H.AstrothExecutive Vice PresidentLocation Services DivisionCarl BassSenior Executive Vice PresidentD