this is our strategy build technology and product lead ership develop new products system solutions services expand marketing distri bution channels worldwide cultivate alliances pursue strategic acquisitions achieve operational excellence optimize financial performance goal at xantrex to become the world leader in advanced power electronics second quar ter repor t 20 04 quarter report letter shareholders inc on july 29 2004 confirmed results for six months ended june 30 all currency amounts are reported us dollars unless otherwise indicated accordance with accounting principles generally accepted canada canadian gaap as estimated a preliminary announcement made 6th revenue of was 32 9 million down 7 2 from 2003 35 4 reduction substantially due decline sales wind con verters within distributed market segment resulting delays renewal tax incentive net income previously 536 000 or 0 02 per share compared