Little research is needed to confirm that 2002 was a very difficult year for most software vendors. "While few vendors actually grew, even fewer will report a profit in 2002. We are thankful to be in the minority of software vendors that actually grew, continued investment in product development and had a profitable year. We thank our clients for choosing us as their TPM vendor, and look forward to meeting and exceeding their expectations in 2003," adds Alexander Ring, President of Synectics Group.