As the financial advisor to TrentonWorks Limited, Ernst & Young Inc. has completed its evaluation of the proposals received for the purchase of the company’s assets. After careful consideration and due diligence, we have yet to find an acceptable proposal. The majority of proposals received are unacceptable; all remaining proposals are being reviewed and discussed with key stakeholders. This review is complicated by external factors facing the TrentonWorks operation, including economic factors. A conclusion on the disposition of the assets owned by TrentonWorks is expected in the coming weeks.