Just a sample of our key accomplishments... 2006 Synapse is wholly-owned by Time Inc. 2005 Named to the Best Medium Size Company to Work For in America list for the second year in a row. Received Corporate Leadership Award for our community involvment. Synapse's creative talent was recognized with a Stevie Award from the American Business Association. 2004 Named to the Best Medium Size Company to Work For in America by the Great Place to Work Institute and the Society for Human Resource Management. DIVRSE technology developed for automated cross sales. Retail Rewards introduced. Launched In-Store Software Program. 2003 Software sales grow to 10 million units annually. Movie program sells over 2 million units. Merchandise program expanded to include higher value costs – 3 million units sold. A new magazine formula is introduced: Partnership Subscriptions. Synapse IVR team wins Time Inc's President's Award. Record year for CAP volume. Frequent flier customers redeem over 7 billion miles in exchange for magazines. 2002 Movie program launched with hundreds of blockbuster titles. Became magazine provider for Amazon.com. Synapse launches international business in the United Kingdom and Canada. Synapse Merchant Processing team wins Time Inc's President's Award. 2001 Generated over 1mm trade pub subs through freebizmag.com. Time Inc. increases stake in Synapse to a majority position. 2000 Time Inc. makes equity investment in Synapse. Merchandise Program sells its 100 millionth gift. Software Program launched. Annual magazine sales crosses 30 million subscriptions. 1999 Patent granted for Continuous Service Platform. Customer Appreciation Program launched. MagazineOutlet.com site goes live. Awarded Inc./Cisco "Growing with Technology" Award. 1998 Merchandise Program sells 50 millionth gift. Synapse IT System wins InfoWorld Innovation Award. 1997 Magazine Direct rolls out Catalog Cross-Sell Program. Over 10 million magazine subscriptions sold. 1996 Continuous Service platform in market. CardLink PhoneCard Program launches. 1995 CAP Systems Miles-for-Magazines for frequent flyers takes off. Turnkey loyalty solutions for Bank partners introduced. 1991 Synapse founded as NewSub Services. Builds first-ever credit card based Magazine Program.