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Can you tell us about the development agreement Microsoft filed today with the City of Redmond, Wash.?

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Can you tell us about the development agreement Microsoft filed today with the City of Redmond, Wash.?

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Smith: Todays filing reflects the strong, constructive partnership Microsoft has with local governments. It also reflects our commitment to ensuring the worlds center for developing the best and most popular software in the world remains in the state of Washington. Todays filing is the first step in our plans to make one of the largest corporate campuses in the country even bigger. It also signifies our intent to add by adding more than 2 million additional square feet of office space to the current 8 million square feet [approximately 743,000 square meters] we already have in Redmond. With this agreement, we are also committing as much as US$30 million in local transportation and infrastructure improvements. Focusing our expansion efforts on our main campus allows us to maintain close proximity among our core product development teams, as well as maximize efficiencies of existing campus and related infrastructure. We also can strengthen our already deep role in Redmond and neighboring

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