2009 was certainly a challenging year for the global economy. At Telligent, we continued our work toward being the leader in enterprise collaboration and community software, with world-class service and support. But even as we grow and move forward, there are constants that define our company. One constant is our focus on three core constituencies: customers, culture and community.

Customers: We remain very proud of the more than 3,000 customers that we serve, including some of the world's largest brands. In the past four months, more than 50 organizations selected Telligent's community and collaboration software. Most recently, Unilever/Slim-Fast and Psion Teklogix became customers. I'd like to welcome them and let all of our customers know that they are always our first priority.

Culture: Our people are passionate and talented. Yet, times of change can be difficult. In the past year, some have moved on, some are in completely new roles, and we've even hired a few new Telligenti. Through all the transition, we've improved as a group and as individuals. Seeing our Telligenti rise to the challenges set before them has been a memorable part of my year. Thank you all for your contributions in 2009.

Community: We serve our customers, but we also serve the communities in which we live and work. Community service is simply an extension of Telligent's core values, and something our team members are passionate about. Just recently, Telligent employees boxed more than 15,000 meals for local families.

Next year will be one of advancement and refinement for Telligent. We welcome the opportunities for service and dedication to our three core constituents that 2010 presents.