Since the opening of our office in Shanghai, AlpVision has recorded excellent sales results in China. By the end of December, we will relocate to the Swiss Center in Hongquio which features ultra-modern offices in the heart of Shanghai. This location provides also excellent connections to the train station and airports. Furthermore, many important brand owners seeking for anti-counterfeit solutions are located nearby. We believe that this new site will help us to further speed up our deployment in China.