About pdcPower digital card Co., ltd, was established in november of 1998 and is the only company worldwide with injection production process patents. As a major contributor to the memory card industry. Pdc is also the only greater china region player who is on both the boards of the multimedia card association and sd card association with important roles in the marketing and compliance committees. We also joined in usb-if and cf association and will be taking on leading roles.Renowned in the industry as having the highes quality standards, pdc's product lines in memory products is the choice pick for bundled industry, pdc's engineers utilize state of the art cutting edge technologies to manage designs and products. To ensure high reliability, pdc tests every product to each memory byte and is able to assure our customers the best products delivered onto their shelves or into their products. Pdc has been granted numerous awards such as good product design and winner of "symbol of excellence" for two continuous years.Pdc serves as an extension of the design team for our industrial partners. We leverage our engineering and production expertise to provide critical information that shortens design cycles and provides with extensive services and marketing programs tailored specifically for resellers, distributors, or brand players.Acting as a market leader, pdc further provides performances, capacity, density upgrades, enhanced services, reliability market intelligence and industrial grade products at consumer prices to our customers.2005 review and 2006 outlookAccording to gartner dataquest and pdc internal statistics information, pdc ranked number 10 glabally in 2003 with just 8 months of operation.By 2004 according to idc and pdc internal statistics information, pdc has moved up the rank to number 7 on a global scale. Moreover, pdc was awarded the number 1 position by deloitte in its technology fast 50 taiwan ceremony. A total number of over 1000 technology companies in taiwan were screened and 50 were selected by deloitte as the fastest growing companies with pdc in the leading position. Pdc was also awarded as the no1 winning company among 2000 participants in deloitte's asia fast technology 500 ceremony.Facing strong challenges from products prices deflations in year 2005, pdc expects to maintain our annual revenues standard by improving the shipping quantity in high asp products.Owing to the competitive advantages in techonology, pdc was one of the few manufacturers that could provide good quality and ample quantity micro memory cards in the second half of year 2005. Maintaining our focus in the good yield products shall lead us into a prosperous year of 2006