On my last day earlier in June I tried to thank each employee individually for the effort they have made to date to make Vovici a great company. In a very difficult business climate we were able to attain strong revenue growth and further convert our business model to make recurring revenue 80% of our total revenues, This was up from less than 45% just two years ago. Our renewal rate percentage increased to over 104% for 2008 and our average deal size increased substantially. Great work by a great team.

We accomplshed a great deal with our people and products. I know Greg will lead the company to continued great success and take Vovici to the next level.

As for me, I am thrilled to home in Scottsdale, Arizona with my family and I am looking forward to taking some time off before determining my next company.