This letter from the CEO praises Mr. Farzad Semsar for his important contributions to the company as an intelligent, enthusiastic manager who gets along well with others. It acknowledges that he was the most productive manager last quarter with the fewest errors, and that he worked weekends without complaint to help the company succeed in new markets in East Asia, the Pacific, and Eastern Europe. The CEO expresses that Mr. Semsar has a bright future ahead of him at the company.