And then when I was thinking about the event, and what really got me excited about it, it’s twofold. And two weeks ago I was at a Credit Suisse Conference down in Charlotte for emerging managers, and when they were laying out the data of venture capital and private equity investments, the 2006 vintage year venture investments have a 1.2x cash-on-cash return. And when I compare that against what we’ve been able to do, that tells me that we are performing at the highest levels against the broader group. That gets me excited.
And then the second thing that really got me excited was, when I looked at the companies that we're presenting, I thought it was a really good mix of a few companies that have been on – in the Safeguard family for a few years. So you can clearly see the value that’s being built in those. And then you also get a good feel for some of the newer things that we’re doing.
So two of our most recent partner companies will be here, Putney and PixelOptics, so you’ll get to hear all the good stuff some of our ’06 and ’07 and a ’08 companies are doing and you also get a good feel for the types of companies that we are working with today.
So with that, we have a good program lined up and I will turn it over to Peter Boni, our Chief Executive and President.Peter J. Boni Thank you, John. Good morning. So here at Safeguard, 58-year old firm with a real history of innovation, the first company of its kind listed on the New York Stock Exchange and actually the first company to do a subscription rights offering of a high-tech company, and this is how a couple of dozen firms actually got a public face, including QVC, Cambridge Technology Partners, Novell and a whole host of others.