 STEM is a leading intelligent energy storage company and we're changing the way energy is distributed and consumed. STEM combines big data, battery-based storage, and predictive software to automatically store and deploy energy to help businesses save on their electric bills. When we aggregate our systems in market, they become the power plant of the future. We can store and deploy energy within seconds for precise amounts in specific locations. It's the most highly controllable energy resource ever created. Until now, power had to be consumed immediately after being produced. Now we can consume energy when it's needed. It's a game changer for the electric grid at a time when electric grids around the world need change. They have a vast amount of inefficiencies, they're rapidly aging, and have aggressive renewable integration goals. For example, in Hawaii, a place where STEM is actively involved, they recently passed legislation with a goal of 100% renewables. Here in California, we're working towards 50% renewables. With our aggregated fleet of storage, STEM can deliver energy, frequency regulation, and voltage support within seconds, increasing the efficiency and reliability of the grid even as we see more renewable integration. STEM has brought together a visionary team of technologists, engineers, data scientists, business leaders, and financial backers to create and deploy the STEM system. STEM has several hundred million dollars available in project financing, enabling a lease model that drives massive throughput and customer adoption. STEM is working with leading utilities as investors and partners, including being awarded the world's largest energy storage utility program to date. STEM is honored to be a 2015 technology pioneer and contribute to the World Economic Forum's charter of improving the state of the world.