After this recapitulation of the  2004  highlights, let us  now focus on some specifics that have shaped this past  year and will continue to transform the future: Reviewing our path in the last ten years, we see a  stunning transformation. First, we went from being  a distributor of other companies’ products to a fully  integrated manufacturer with a state-of-the-art  packaging facility in Mainland China. Then we  acquired a wafer fabrication facility that gave us the capability to control the entire product lifecycle and provided us with a base to develop new chip technologies.  And just in the past three years, we have built a full  scale R&D program that has produced breakthroughs  in both wafer processes and packaging technologies  that enables Diodes to extend the envelope of discrete  performance and introduce a number of proprietary  products to the discrete marketplace.  Our ongoing investment in the development of  next-generation technologies that deliver meaningful  improvements in performance, size, and power  consumption has positioned us as the go-to company in quest of a total solution provider in the semi- conductor industry. And our unwavering efforts to  offer the best, most innovative package of products  and service in the industry were acknowledged with  several prestigious customer, industry and media  awards in  2004 , such as Digi-Key’s “Top Ten Supplier Award” and Samsung’s “Outstanding  Supplier Award”. We were also listed in  Forbes  Magazine ’s “ 200  Best Small Companies,” recognized  by Deloitte Technology as part of the “Fast  50  Among the Fastest Growing Technology Companies in Los  Angeles,” and included in the  Business 2.0 Magazine ’s  “Fastest Growing Technology Companies.”  On the logistics and sales side, we partnered with  several strategically important distribution partners. In addition to our long-standing relationships with All American, Arrow, Avnet, Digi-Key, Future, and  Jaco we:  PowerDI is a trademark of Diodes Incorporated. Signed a contract with Mouser Electronics, Inc.,  one of the largest suppliers and distributors of  electronic components in North America whose  on-line catalog allows us the fastest ‘time to market’  approach for our customer solutions and application- specific products. • Expanded our distribution agreement with Arrow  Electronics into Southern Europe, adding  12 Mediterranean countries to our portfolio of global  markets. After first entering the European market  in  2001 , we have consistently grown our sales and  market share each year so this agreement was the  logical extension of our European activities.  • We released the new high-voltage PDS 3200  and  PDS 5100h  Schottky Barrier Rectifiers in a new high-  current density package type, patent-pending  PowerDI™ 5 . Able to accommodate larger die sizes  and higher amperage, it broadens the range of Diodes’  high-performance next-generation discrete devices. • We introduced the patent-pending PowerDI™ 123 Compact Power Package. This high-current density  package type is one of the most thermally efficient  compact rectifier packages available on the market. • Our Path to Becoming A Total Solutions Provider 10