They understand the cultural nuances. They speak the same language. We also believe we have a responsibility to create jobs in whatever market we derive revenues. We have started development centers in Freemont, California, Boston and Toronto, and by Aug. 1, in London. We are discussing the possibilities of starting development centers in other countries in Asia.
China is one, the Philippines is another.
We want to add value to the Chinese economy and also use it as a service center for Singapore, Taiwan and Japan. The Philippines, which is English-speaking, could help us handle the needs of Western clients and subsidiaries of European and American companies in Asia. Our strength is in designing transaction processing engines. We have done it the past 20 years, whether as mainframe transactions or now as Internet-based services. In the last few months we have been evaluating various companies.