Other than that change, we ve had a very stable management situation, especially for this industry. Minnesota has, I think, the lowest unemployment rate in the country. We are fighting a recruiting problem, but we have, thusfar, been able to attract very talented people. Our product is highly technical, but it s very simple to understand. We personalize cards.
Most people are able to understand that easily because they carry our product in their pocket.
The average American carries an average of seven personalized cards. As those cards grow in the wallet, or more importantly, as those cards have higher value due to increased electronic content, the personalization of these cards and electronics will become increasingly important. We are going to see, over the next few years, a rapid transition to two advanced card technologies. The first is proximity cards. To get into a typical building, many people now carry a proximity card that has a radio-frequency wire in it.