During 2009 HRS became a member of PTDA. We believe that our membership in this organization will be of great value to us and our distributor clients. PTDA is the leading association for the industrial power transmission/motion control distribution channel. The organization is dedicated to advancing distribution and strengthening members to be successful, profitable and competitive in a changing marketing environment. It fosters open dialog and communication between manufacturing members, such as HRS, and the various distribution partners worldwide. PTDA provides networking opportunities that foster business relationships and partnerships as well as keeping the members abreast of changes, trends and new developments in the industry. PTDA also develops and communicates best-in-class business practices among partners to truly remove costs of doing business together. It is a leading association positioned to represent the industry and be relevant in a changing marketplace. HRS is very pleased to be associated with this organization and working with all of the members to better support the power transmission and motion control industries.