Founded in 2006, we at XMI launched our first capsule speaker bearing X-mini brand in August 2007. This results our annual revenue in 2007 increased to over S$800,000. In 2008, our annual revenue turnover had already exceeded S$4.6million. For long-term growth, we have increased territorial distribution channels (customer base) to over 40 countries globally, 5 major co-brand partners, 25 airline partners and over 10 corporate gift partners.