Some overview to IPG Photonics. The company is credited with being the leading producers and companies that really commercialized high-performance fiber lasers and amplifiers. Our products are displacing traditional laser Technologies worldwide including CO2 lasers and Nd: Software and other solid system. We sell our products globally through particularly equipment manufacturers who place their systems so laser in laser like machine as well as directly to end users who are likely to vary between applications through marking, engraving, cutting applications we generally tend to sell items through the OEM and then on welding and microprocessing more directly. We have a global operation with approximately 2,000 employees. The company went public nearly five years ago. We are headquartered in Oxford, Massachusetts.