Excel Maritime Carriers Ltd.

Excel Maritime Carriers Ltd. is listed on NYSE (EXM). The Company We, Excel Maritime Carriers Ltd., are a shipping company specializing in the world-wide seaborne transportation of dry bulk cargoes. We were incorporated under the laws of the Republic of Liberia on November 2, 1988 and our Class A common stock trades on the American Stock Exchange (AMEX) under the symbol EXM. We are a provider of worldwide sea borne transportation services for dry bulk cargo including among others, iron ore, coal and grain, collectively referred to as major bulks, and steel products, fertilizers, cement, bauxite, sugar and scrap metal, collectively referred to as minor bulks. The address of our registered office in Bermuda is 14 Par-la- Villa Road, Hamilton HM JX, Bermuda. We also maintain executive offices at 67 Akti Miaouli Street, 185 38 Piraeus, Greece. Our telephone number at that address dialing from the U.S.

Excel Technology Inc.

Excel Technology Inc. is listed on NASDAQ (XLTC). Excel Technology, Inc. was organized under the laws of Delaware in 1985. The Company manufactures and markets photonics- based solutions, consisting of laser systems and electro-optical components primarily for industrial and scientific applications. The word laser is an acronym for Light Amplification by Stimulated Emission of Radiation. The essence of the laser is the ability of a photon (light energy) to stimulate the emission of other photons, each having the same wavelength (color) and direction of travel. The laser beam is so concentrated and powerful that it can produce power densities millions of times more intense than that found on the surface of the sun and is capable of cutting, welding and marking industrial products, yet it can be precisely controlled and directed and is capable of performing delicate surgery on humans.

Merrill Lynch Depositor Inc. ..urities held by Public STEERS(R) Series 1998 TRV-C1 Trust, please refer to Citigroup Inc.s (Commission file number 001-09924) periodic reports (former..

Wilson Greatbatch Technologies Inc. ..teries, capacitors, feedthroughs, enclosures, and other components used in implantable medical devices (IMDs) through our Implantable Medical Componen..

GrafTech International Ltd ..r and faster than our competition, through the creation, innovation and manufacture of graphite and carbon material science-based solutions. We have o..

Gallery of History Inc. ..he State of Nevada on November 10, 1981. The Company is engaged in the business of marketing historical documents such as letters, documents and signa..

Group 1 Automotive Inc. ..the $1 trillion automotive retailing industry. We own and operate 142 dealership franchises and 32 collision centers primarily located in major metrop..

Goodrich Corporation (The) ..omponents, systems and services to the commercial, regional, business and general aviation markets. We are also a leading supplier of systems and prod..

W.W. Grainger Inc. ..Illinois in 1928, is in the service business. It distributes products used by businesses and institutions across North America to keep their facilitie..

Havas ..tions services company. With our headquarters located in Suresnes, France, two operating divisions headquartered in the United States and the third he..

HemoSense Inc. ..held blood coagulation monitoring systems for use by patients and healthcare professionals in the management of warfarin medication. Warfarin is an or..

Health Net Inc. ..t delivers managed health care services through health plans and government sponsored managed care plans. We operate and conduct our businesses throug..

Hornbeck Offshore Services ..ced, new generation OSVs serving the offshore oil and gas industry, primarily in the U.S. Gulf of Mexico and in select international markets. The focu..

Health Care Property Investors Inc. ..orporation organized in 1985, is a real estate investment trust (REIT) that, together with its consolidated subsidiaries and joint ventures (collectiv..

Intervideo Inc. ..nd DVD burning software, television viewing and recording software and InstantON software that allows personal computer (PC) users to quickly access m..

Iconix Brand Group Inc. .. in 1978, is in the business of licensing and marketing intellectual property. The Company currently owns three brands, CANDIES(R), BONGO(R) and BADGL..

IMERGENT INC .. technology, training and a variety of web-based technology and resources to over 150,000 small businesses and entrepreneurs annually. Our affordably ..

Interchange Corporation ..inesses on the Internet. Our services enable businesses to list their products and services in our distributed Internet search results. By providing l..

Ionatron Inc. ..rward-looking statements for purposes of the securities laws. Forward-looking statements include all statements that do not relate solely to the histo..

Isonics Corporation ..l and useful information, this Form 10-KSB contains certain forward-looking statements (as such term is defined in section 21E of the Securities Excha..

Ituran Location and Control Ltd. ..ocation-based services, consisting of stolen vehicle recovery and tracking services. We also provide wireless communication products used in connectio..

John B. Sanfilippo & Son Inc. ..nder the laws of the State of Delaware in 1979 as the successor by merger to an Illinois corporation that was incorporated in 1959. As used herein, un..

Jones Apparel Group Inc. ..arketer and wholesaler of branded apparel, footwear and accessories. We also market directly to consumers through our chain of specialty retail and va..

Keystone Automotive Industries Inc. .. the nation's leading distributor of aftermarket collision replacement parts produced by independent manufacturers for automobiles and light trucks. K..

Kensey Nash Corporation ..tements relating to future events and our future financial performance. These statements are only predictions and actual events or results may differ ..

Multi-Fineline Electronix Inc. ..ineering, design, and manufacture of flexible printed circuit boards and value-added component assembly solutions for electronics industry. Its produc..

Lee Enterprises Incorporated .. associated companies, publishes 58 daily newspapers in 23 states and more than 300 weekly, classified and specialty publications, along with associat..

China Mobile (Hong Kong) Ltd. ..ions services in all thirty-one provinces, autonomous regions and directly-administered municipalities in Mainland China. As of December 31, 2005, the..

LNB Bancorp Inc. ..cial services company headquartered in Lorain, Ohio. It was formed under the Bank Holding Company Act of 1956, as amended (the BHC Act), and received ..

LTC Properties Inc. ..vestment trust (or REIT), was incorporated on May 12, 1992 in the State of Maryland and commenced operations on August 25, 1992. We invest primarily i..

Manhattan Associates Inc. ..ed solutions to improve the effectiveness of and the efficiencies within and across the supply chain. Our solutions, which consist of software, servic..

Microchip Technology Incorporated ..or products used by our customers for a wide variety of embedded control applications. Our product portfolio comprises our PICmicro® field-reprogramma..

Medical Properties Trust Inc. .. that acquires, develops, leases and makes other investments in healthcare facilities providing state-of-the-art healthcare services. We lease our fac..

Meadow Valley Corporation ..na, is engaged in the construction industry as both a provider of construction services and a supplier of construction materials. Our construction ser..

Merchants Group Inc. ..August 1986 as a Delaware holding company, offers property and casualty insurance generally, to preferred risk individuals and small to medium sized b..

Midland Company (The) ..e cover and pages 20 through 31 and 46 and 47 (Note 19) of its 2004 Annual Report to Shareholders. Midland was incorporated in Ohio in 1968 with its o..

Moscow CableCom Corp. .. Group, Inc. until February 24, 2004, has been incorporated under the laws of the State of Delaware since 1998. From 1951 to 1998, the Company had bee..

Microsoft Corporation ..oughout the world to realize their full potential. We work to achieve our mission through technology that transforms the way people work, play, and co..

Maidenform Brands Inc. ..er to various trademarks, service marks and trade names that we use in our business. Maidenform, Flexees, Lilyette, Self Expressions, Sweet Nothings, ..

Matrix Service Company ..ooking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934,..

Newcastle Investment Corporation ..state investment and finance company. We invest in real estate securities, loans and other real estate-related assets. We seek to deliver stable divid..

Neogen Corporation ..op, manufacture, and market a diverse line of products dedicated to food and animal safety. The Company's food safety segment consists primarily of di..

Northern Indiana Public Service Company ..any whose subsidiaries provide natural gas, electricity and other products and services to over 3.7 million customers located within a corridor that r..

Northrop Grumman Corporation ..ovides technologically advanced, innovative products, services, and solutions in defense and commercial electronics, nuclear and non-nuclear shipbuild..

Inergy L.P. ..s Gas Products, Inc. (Atlas), headquartered in Costonia, OH. Atlas delivers propane to approximately 7,000 customers from three retail locations. On O..

Napster Inc. ..al music, is a leading provider of online music for the consumer market. Our subscription services and our a la carte single track download service en..

NuVasive Inc. ..ign, development and marketing of products for the surgical treatment of spine disorders. Our product portfolio is focused on applications in the over..

Nymagic Inc. ..s a holding company which owns and operates insurance companies, risk bearing entities and insurance underwriters and managers; the Company also conso..

Olin Corporation ..orated in 1892, having its principal executive offices in Clayton, MO. We are a manufacturer concentrated in three business segments: Chlor Alkali Pro..

OPTION CARE Inc. ..me infusion pharmacy services and specialty pharmacy services to patients with acute or chronic conditions that can be treated at home, at one of our ..

OSI Pharmaceuticals Inc. ..ocused on the discovery, development and commercialization of high quality oncology products that both extend life and improve the quality-of-life for..

Oxford Industries Inc. ..Oxford Industries, Inc. was founded in 1942. We are a producer and marketer of branded and private label apparel for men, women and children and opera..

Petroleo Brasileiro S.A.- Petrobras ..l company created pursuant to Law No. 2,004. A mixed-capital company is a Brazilian corporation created by special law, of which a majority of the vot..

Peoples Bancorp Inc. ..ing company organized in 1980, with origins in the Mid-Ohio Valley dating back to 1902. At December 31, 2004, Peoples wholly-owned subsidiaries includ..

Pogo Producing Company ..d in oil and gas exploration, development, acquisition and production activities on its properties located offshore in the Gulf of Mexico, onshore in ..

PreferredPlus Trust ..urities held by PreferredPLUS Trust Series FAR-1, please refer to The First American Corporations (Commission file number 001-13585) periodic reports,..

China Automotive Systems Inc. ..-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These sta..

Plug Power Inc. ..a development stage enterprise involved in the design, development and manufacture of on-site energy systems for energy consumers worldwide. The Compa..

PowerDsine Ltd. ..e State of Israel in October 1994. Our principal executive offices are located at 1 Hanagar Street, Neve Neeman Industrial Zone, Hod Hasharon, Israel ..

Pressure BioSciences Inc. ..h, development and commercialization of products utilizing our patented pressure cycling technology (PCT), a novel platform technology for 3 - the con..

Protherics Plc ..rmaceutical company engaged in the development, manufacture and sale of pharmaceutical products largely for the treatment of human diseases. The Compa..

Pharmion Corporation ..cused on acquiring, developing and commercializing innovative products for the treatment of hematology and oncology patients. We have established our ..

QuadraMed Corporation .., is dedicated to improving healthcare delivery by providing innovative healthcare information technology and services. We provide healthcare informat..

Royal Gold Inc. .. forward-looking statements, including statements related to trends in the Company's business. The Company's actual results may differ materially from..

Raytheon Company ..ales of $20.2 billion, is an industry leader in defense and government electronics, space, technical services, and business and special mission aircra..

Storm Cat Energy Corporation .. Development of the Corporation Corporate and General Storm Cat is an independent oil and gas company focused on the pursuit, exploration and developm..

Skechers U.S.A. Inc. ..ncorporated in Delaware in 1999. Throughout this report, we refer to Skechers U.S.A., Inc., a Delaware corporation, and its consolidated subsidiaries ..

Spartan Stores Inc. ..ibutor and grocery retailer, operating principally in Michigan and Ohio. We operate two primary business segments: Grocery Distribution and Retail. We..

Superior Energy Services Inc. ..services and equipment focused on serving the production-related needs of oil and gas companies primarily in the Gulf of Mexico and the drilling-relat..

Total System Services Inc. ..ing and related services to financial and nonfinancial institutions. Services include processing consumer, retail, commercial, government services, st..

Thor Industries Inc. ..ells a wide range of recreation vehicles and small and mid-size buses in the United States and Canada. We are incorporated in Delaware and are the suc..

Tag-It Pacific Inc. ..ecializes in the distribution of a full range of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. We act as..

United Mobile Homes Inc. ..y-seven manufactured home communities containing approximately 6,200 sites. These communities are located in New Jersey, New York, Ohio, Pennsylvania ..

Viacom Inc. .. 31, 2005, we became a stand-alone public company in connection with our separation from the former Viacom Inc. (the Former Viacom). Prior to the sepa..

Websense Inc. ..ware products that enable organizations to analyze, report and manage how their employees use computing resources, including internet access, instant ..

Wet Seal Inc. (The) ..res selling fashionable and contemporary apparel and accessory items designed for female customers. We are a Delaware corporation that operates two na..

Asset Acceptance Capital Corp. ..r charged-off accounts receivable portfolios from consumer credit originators since the formation of our predecessor company in 1962. Charged-off rece..

Advantage Marketing Systems Inc. ..s in 1987, and through a corporate reorganization in 1995, became an Oklahoma corporation. In this report the terms Company, us, we, our and its are u..

Aladdin Knowledge Systems Limited .. Systems Ltd. We were incorporated in Israel in 1985. Our principal executive offices are located at 15 Beit Oved Street, P.O. Box 11141, Tel Aviv, Is..