For the past 26 years Cabcharge has been constructing the foundation for a company that will last and prosper. That foundation is now fully laid. Cabcharge is well positioned to expand into the future, both in revenues and in profits. This expansion will be driven by our commitment to build on our expertise in transport payment systems, and to apply this expertise to new areas. Cabcharge will continue to develop state-of-the-art technology for increased efficiencies and service to customers. And we will continue to expand from our established Australian base into complementary industry areas and overseas markets. 1