Headlines, News and Other Information

Fourth quarter 2008 consolidated revenues before reimbursements totaled $262.9 million compared to $245.2 million in the 2007 fourth quarter. Fourth quarter 2008 net income was $8.3 million, more than 150% over the $3.3 million generated in the 2007 fourth quarter. Fourth quarter 2008 diluted earnings per share were $0.16 compared to $0.07 in the prior-year quarter. Net income in the 2008 fourth quarter included a $2.5 million non-taxable gain on the sale of a business in our Holland subsidiary, or $0.05 per share, and restructuring costs in certain of our operations which totaled $2.2 million, after related income taxes, or $0.04 per share. In addition, during the 2008 fourth quarter the Company recognized $863,000 for certain previously unrecognized U.S. tax credits and $900,000 related to the recognition of a current year research and development tax credit as a result of legislation passed by Congress during October 2008 which reinstated this credit for the current year. These items increased diluted earnings per share by $0.04 during the 2008 fourth quarter.