Exponent leases excess space in its Silicon Valley headquarters building in Menlo Park. In the first quarter of 2001, our largest tenant did not renew their lease. We currently have 56,000 square feet of space for lease and are actively marketing it. However, with the limited visibility we have, it is difficult to project where we will be for the year until we have a signed contract for Land Warrior and more certainty on the new Technology Development opportunities. We will discuss the outlook for the second half of 2001 during the Second Quarter Earnings Investor Conference Call on July 12th.
Exponent is an engineering and scientific consulting firm providing solutions to complex problems.
Whether the firm investigates an incident that happened in the past or assists with the development of a new product or service, Exponent offers knowledge to assist its clients to make informed, intelligent decisions. Exponent's multidisciplinary organization of scientists, physicians, engineers, and business consultants brings together more than 70 technical disciplines to address complicated issues facing industry and government today. The firm's consultants analyze failures and accidents to determine their causes and provide answers to help prevent such problems. In addition, Exponent evaluates human health and environmental concerns to find cost-effective solutions. Exponent is certified to ISO 9001.