$PSWS 2016 was a year of significant progress for the company, in spite of the tremendous financial difficulties that we faced on a daily basis. We executed on several initiatives and continued to make great strides in delivering on the strategic initiatives that we have been working on for more than a year to improve our product and delivery of our technology in new and exciting business sectors. Overall, the company's competitive posture, future promise and foundation for growth are all stronger today than a year ago.
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