Peter G. Eames is expected to be appointed our President and CEO effective the date of the Annual Meeting and is a first-time nominee to our Board of Directors. He has been an NVE employee in various capacities since joining the Company in 2003 after completing his Ph.D. in Experimental Condensed Matter Physics from the University of Minnesota. He has been Vice President of Advanced Technology since 2016. In his current position he has led our research and development efforts, directed our engineering activities, oversaw the defense products business, and managed our production expansions and major capital investments. Dr. Eames was Director of Advanced Technology from 2013 to 2016. Prior to that, he worked as a Research Scientist and as a defense program manager. His experience, his understanding of our business and technology gained through his work for many years at NVE, and his educational background in physics qualify him to serve as a director.