1. Unfortunately the contract was awarded and finally submitted to Fritsch during our regular year end
holidays. Please be aware that in Germany we celebrate Christmas (from December 24th to 26th) and New Year
(from December 31st to January 1st). During this period companies are closed and it`s staff take vacation over
this period and beyond. Basically our personnel reported back to work between January 7th and 10th. This caused
a delay of round about four (4) weeks.