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Today I am glad to announce that the Microsoft transaction and real-time quote AppNexus forum (RTB) with our Ad Exchange for the integration of advertising exchanges in the U.S. Open has been completed This is an important step in the process last announced the fall, our capacity premium, the market for real change in the world can increase speed RTB. This is a tremendous they are faster to get where we have tried, and I am proud of our team and our partners AppNexus. As a result of this milestone, Windows Live does not guarantee the complete list is available on the U.S. stock market, and in the coming weeks, all unsecured MSN U.S. list must be fully integrated. We hope that the United States very soon in the light of information sharing out markets when we can share.

Last fall to expand cooperation with AppNexus accelerate our strategy and our ability to demonstrate scale serve as a platform for U.S. and global demand is increasing demand. Now that the integration is completed, our real-time global ad network platforms, and partners with the exchange AppNexus auction platform requires a list of other sources for the main application can be used to provide. AppNexus integration with the power of our partnership and more openness, transparency and market with the likes of our faith is an example.

Now we monitor and manage their brands with our premium unprotected Windows Live in demand for the ability to offer advertisers and other partners, and soon also displays a list for MSN. Inspection engagement of our partners to help find your audience more than the demand, more and more to meet the marketing goals and flexibility offered to make more effective campaigns. In addition, our open approach to the ecosystem because of choice for advertisers is the opportunity offered by the DSP.
Our exchange provides enhanced performance management and control to make money publishing a list of brand and channel conflict is not designed to guarantee security without compromising.

A premium over today's biggest publishers we expected to find their brand and sales channels need to protect farming tuned conflicts.Stay to update and expand into other markets another milestone, including understanding publishers have a unique perspective on the delicate balance between the game's first extra quality. All entrepreneurs know and appreciate the success of their advertising business, to recruit from the early days when the shop owner his business in your local newspaper, radio and local magazines.