ꢀꢁ!ꢂꢃꢃꢄꢂꢃꢂ
,QIRUPDWLRQꢀ ꢄRQWDLQHGꢀ LQꢀ WKLVꢀ SXEOLꢄDWLRQꢀ UHJDUGLQJꢀ GHYLꢄH
DSSOLꢄDWLRQVꢀDQGꢀWKHꢀOLNHꢀLVꢀLQWHQGHGꢀWKURXJKꢀVXJJHVWLRQꢀRQO\
DQGꢀPD\ꢀEHꢀVXSHUVHGHGꢀE\ꢀXSGDWHVꢅꢀ,WꢀLVꢀ\RXUꢀUHVSRQVLELOLW\ꢀWR
HQVXUHꢀWKDWꢀ\RXUꢀDSSOLꢄDWLRQꢀPHHWVꢀZLWKꢀ\RXUꢀVSHꢄLILꢄDWLRQVꢅ
1Rꢀ UHSUHVHQWDWLRQꢀ RUꢀ ZDUUDQW\ꢀ LVꢀ JLYHQꢀ DQGꢀ QRꢀ OLDELOLW\ꢀ LV
DVVXPHGꢀE\ꢀ0LꢄURꢄKLSꢀ7HꢄKQRORJ\ꢀ,QꢄRUSRUDWHGꢀZLWKꢀUHVSHꢄW
WRꢀWKHꢀDꢄꢄXUDꢄ\ꢀRUꢀXVHꢀRIꢀVXꢄKꢀLQIRUPDWLRQꢏꢀRUꢀLQIULQJHPHQWꢀRI
SDWHQWVꢀRUꢀRWKHUꢀLQWHOOHꢄWXDOꢀSURSHUW\ꢀULJKWVꢀDULVLQJꢀIURPꢀVXꢄK
XVHꢀRUꢀRWKHUZLVHꢅꢀ8VHꢀRIꢀ0LꢄURꢄKLS¶VꢀSURGXꢄWVꢀDVꢀꢄULWLꢄDOꢀꢄRPꢈ
SRQHQWVꢀLQꢀOLIHꢀVXSSRUWꢀV\VWHPVꢀLVꢀQRWꢀDXWKRUL]HGꢀH[ꢄHSWꢀZLWK
H[SUHVVꢀZULWWHQꢀDSSURYDOꢀE\ꢀ0LꢄURꢄKLSꢅꢀ1RꢀOLꢄHQVHVꢀDUHꢀꢄRQꢈ
YH\HGꢏꢀLPSOLꢄLWO\ꢀRUꢀRWKHUZLVHꢏꢀXQGHUꢀDQ\ꢀLQWHOOHꢄWXDOꢀSURSHUW\
ULJKWVꢅ
7UDGHPDUNV
7KHꢀ0LꢄURꢄKLSꢀQDPHꢀDQGꢀORJRꢏꢀWKHꢀ0LꢄURꢄKLSꢀORJRꢏꢀ3,&ꢏꢀ3,&PLꢄURꢏ
3,&0$67(5ꢏꢀ 3,&67$57ꢏꢀ 352ꢀ 0$7(ꢏꢀ .ꢀꢀ/ "ꢏꢀ 6((9$/ꢏ
03/$%ꢀDQGꢀ7KHꢀ(PEHGGHGꢀ&RQWUROꢀ6ROXWLRQVꢀ&RPSDQ\ꢀDUHꢀUHJꢈ
LVWHUHGꢀWUDGHPDUNVꢀRIꢀ0LꢄURꢄKLSꢀ7HꢄKQRORJ\ꢀ,QꢄRUSRUDWHGꢀLQꢀWKH
8ꢅ6ꢅ$ꢅꢀDQGꢀRWKHUꢀꢄRXQWULHVꢅ
7RWDOꢀ(QGXUDQꢄHꢏꢀ,&63ꢏꢀ,Qꢈ&LUꢄXLWꢀ6HULDOꢀ3URJUDPPLQJꢏꢀ)LOWHUꢈ
/DEꢏꢀ 0;'(9ꢏꢀ PLꢄUR,'ꢏꢀ )OH[520ꢏꢀ IX]]\/$%ꢏꢀ 03$60ꢏ
03/,1.ꢏꢀ 03/,%ꢏꢀ 3,&&ꢏꢀ 3,&'(0ꢏꢀ 3,&'(0ꢅQHWꢏꢀ ,&(3,&ꢏ
0LJUDWDEOHꢀ 0HPRU\ꢏꢀ )DQ6HQVHꢏꢀ (&212021,725ꢏꢀ 6HOHꢄW
0RGHꢀDQGꢀPLꢄUR3RUWꢀDUHꢀWUDGHPDUNVꢀRIꢀ0LꢄURꢄKLSꢀ7HꢄKQRORJ\
,QꢄRUSRUDWHGꢀLQꢀWKHꢀ8ꢅ6ꢅ$ꢅ
6HULDOL]HGꢀ4XLꢄNꢀ7HUPꢀ3URJUDPPLQJꢀ:6473ꢑꢀLVꢀDꢀVHUYLꢄHꢀPDUN
RIꢀ0LꢄURꢄKLSꢀ7HꢄKQRORJ\ꢀ,QꢄRUSRUDWHGꢀLQꢀWKHꢀ8ꢅ6ꢅ$ꢅ
$OOꢀRWKHUꢀWUDGHPDUNVꢀPHQWLRQHGꢀKHUHLQꢀDUHꢀSURSHUW\ꢀRIꢀWKHLU
UHVSHꢄWLYHꢀꢄRPSDQLHVꢅ
ꢀ ꢁꢂꢂꢃꢏꢀ 0LꢄURꢄKLSꢀ 7HꢄKQRORJ\ꢀ ,QꢄRUSRUDWHGꢏꢀ 3ULQWHGꢀ LQꢀ WKH
8ꢅ6ꢅ$ꢅꢏꢀ$OOꢀ5LJKWVꢀ5HVHUYHGꢅ
ꢇ3ULQWHGꢇRQꢇUH%\%OHGꢇSDSHUꢎ
0LꢀURꢀKLSꢁUHꢀHLYHGꢁ46ꢂꢃꢄꢄꢄꢁTXDOLW\ꢁV\VWHPꢁ
ꢀHUWLILꢀDWLRQꢁIRUꢁLWVꢁZRUOGZLGHꢁKHDGTXDUWHUVꢅꢁ
GHVLJQꢁDQGꢁZDIHUꢁIDEULꢀDWLRQꢁIDꢀLOLWLHVꢁLQꢁ
&KDQGOHUꢁDQGꢁ7HPSHꢅꢁ$UL]RQDꢁLQꢁ-XO\ꢁꢆꢃꢃꢃꢇꢁ7KHꢁ
&RPSDQ\¶VꢁTXDOLW\ꢁV\VWHPꢁSURꢀHVVHVꢁDQGꢁ
SURꢀHGXUHVꢁDUHꢁ46ꢂꢃꢄꢄꢄꢁꢀRPSOLDQWꢁIRUꢁLWVꢁ
ꢀ
ꢀ
3,&PLꢀUR ꢈꢂELWꢁ0&8Vꢅꢁ.ꢁꢁ/ " ꢀRGHꢁKRSSLQJꢁ
GHYLꢀHVꢅꢁ6HULDOꢁ((3520VꢁDQGꢁPLꢀURSHULSKHUDOꢁ
SURGXꢀWVꢇꢁ,QꢁDGGLWLRQꢅꢁ0LꢀURꢀKLS¶VꢁTXDOLW\ꢁ
V\VWHPꢁIRUꢁWKHꢁGHVLJQꢁDQGꢁPDQXIDꢀWXUHꢁRIꢁ
GHYHORSPHQWꢁV\VWHPVꢁLVꢁ,62ꢁꢃꢄꢄꢆꢁꢀHUWLILHGꢇ
ꢀꢁꢂꢂꢃꢀ0LꢄURꢄKLSꢀ7HꢄKQRORJ\ꢀ,Qꢄꢅ
'6ꢃꢃꢃꢆꢇ)ꢈSDJHꢀꢃꢌ