information systems inc 2003 annual report 02 stockgroup ar 03 dear shareholder was the third year of execution strategy outlined to shareholders in 2001 for we committed three goals restructuring our balance sheet position company growth rolling out new and improved products with associated press focusing on revenue generating positive cash flow by q1 2004 are pleased announce that delivered commitments end had successfully restructured which put a stable at beginning more than 1 8 million debt 500 000 losing 300 quarter concluded 4 no last goal be deliver first have exceeded benchmark profitability q4 achieved as result four quarters sequential sales