Thank you.
Mr. Lane, we generally allow about 10 minutes for presentations. At that time I would ask you to introduce your associates, who are there with you today and joining you in the video conference, and Dr. Tyedmers, who is joining us here in our committee room as well. You'll hear a beeping noise to indicate that your time has expired. The members are constrained by the 10-minute timeframe for questions and answers, so you'll hear a beeping noise throughout the committee proceedings today. Don't be alarmed by it, but I ask that after you hear the noise, you bring your comments to a conclusion. I'd appreciate that.
Mr. Lane, please begin with your opening comments.