2008 and 2009 provided many challenges all around the world. Many of our competitors succumbed to the economic pressures. We even lost some joint venture partners - most notably, Lehman Bros. I wish them all well in their return to the marketplace.

Yet Windcor has remained strong through these difficult times. I think its because of the commitment of our people, and our firm belief in the benefits of wind power. We are proud of the services Windcor offers, and we continue to provide sound development of wind energy projects.

We continue to fill our "pipeline of projects" with new opportunities to build the future of wind energy. These are primarily in China and in Canada. And new projects are presenting themselves in other countries as well.

We're finding that regardless of the economic downturn, energy from wind continues to gain strength and momentum as an important part of the solution to the ever-growing need for energy.

Windcor too continues to gain strength and momentum. I'm pleased to announce we recently welcomed two valuable new members to our team, Wind Developer Greg van Rossum as Project Developer and Garry Limpright as Controller.

We welcome you as well to join us as we move forward toward a clean-energy future.