the union Partnership update 1. Steady year in 2010 covario investment with google, lagging peers in growth $39m – 2010 covario investment with google (5.5% yoy growth) $27m – investment from top 2 clients (adobe, intel) $38m – 2010 covario investment in search and gdn text (98% of total) 4 – only 4 clients (intel, campmor, tek, solar) have invested in display in 2010 2. Limited presence in non-search opportunities. Ripe time to significantly advance leadership position 1. Certification! 2 people certified in 2010 2. Client business reviews with industry teams dec’10; jan, apr ‘11 3. Inflectionpoint feb’10, thinkagency march ‘10, agencycouncil dec’10 4. Inflectionpoint ‘11, sd strategy meetings, on-boarding new clients, @la, tv webinar