One of our most important company assets is our reputation for ethical behavior, honesty and fair dealing. As you know, reputation is a very fragile asset that can easily be destroyed by the actions or failures of one or more of us. Because of unprecedented scrutiny on corporate behavior, we need to emphasize and reinforce our commitment and adherence to these Standards. Intellex's Standards of Business Conduct are your guide to your ethical and legal responsibilities with respect to your status an employee, as well as your dealings with our customers, competitors, and suppliers. Each employee is personally responsible and accountable for helping Intellex to maintain its reputation for the highest standards of integrity. Especially in times of rapid change, we need to earn the trust and loyalty of others. There are no shortcut formulas or automatic answers to the choices we have to make in business today; however, we should decide these questions in ways that are consistent with Intellex values. I expect all managers to review these standards with their employees every year in order to answer questions and to ensure compliance.