We are pleased to announce that the readiness report has been completed. This means that the controls and safeguards have all been identified and we are in the implementation phase of the audit process. Following the implementation phase will be the testing phase. AES' level 1certification will be completed in late 2008. SAS is an acronym for Statement on Auditing Standards. SAS No. 70 is titled "Reports on the Processing of Transactions by Service Organizations." Stay tuned for more updates on our progress.