Thank you Joe, and welcome everybody. I certainly appreciate you taking time out of your busy schedule to spend a few minutes with us as we go through the Foreign Corrupt Practices Act, or FCPA, as we like to refer to it as. So, let's talk about how we got here today and just give some historical context as to why this law was enacted. So, back in the late '70's, in '77, in response to revelations about anti-bribery, or you know, widespread bribery of foreign officials by U.S. companies in order to win business, Congress decided to act. It was also in the backdrop of the Watergate scandals, so to put it in perspective, you had a lot of things going on.

As you can see in this slide, over 400 U.S. companies revealed that in some form or facet, that in fact, they probably had some dealings with foreign governments that, at the time, probably would not really rise to the level of bribery, but clearly we knew there was some issues going on there.

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