IPC Holdings Limited

IPC Holdings Limited is listed on NASDAQ (IPCR). Overview. We provide property catastrophe reinsurance and, to a limited extent, property-per-risk excess, aviation (including satellite) and other short-tail reinsurance on a worldwide basis. During 2003, approximately 84% of our gross premiums written covered property catastrophe risks. Property catastrophe reinsurance covers unpredictable events such as hurricanes, windstorms, hailstorms, earthquakes, volcanic eruptions, fires, industrial explosions, freezes, riots, floods and other man-made or natural disasters. The substantial majority of the reinsurance written by IPCRe has been, and continues to be, written on an excess of loss basis for primary insurers rather than reinsurers, and is subject to aggregate limits on exposure to losses. During 2003, we had approximately 351 clients, including many of the leading insurance companies around the world.

IPIX Corporation

IPIX Corporation is listed on NASDAQ (IPIX). This Annual Report on Form 10-K includes certain statistical and other data with respect to us and our products, services and industries, derived from publicly available reports and other publications referenced in this annual report. These organizations generally use methodologies and conventions that they deem appropriate to measure companies within the relevant industry segment and to measure industry size. These organizations generally indicate that they have obtained information from sources believed to be reliable, but do not guarantee the accuracy or completeness of such information. While we believe this information to be reliable, we have not independently verified such data. OVERVIEW IPIX Corporation (IPIX) is a premium provider of immersive imaging products for government and commercial applications. We combine experience, patented technology and strategic partnerships to deliver visual intelligence solutions worldwide.

PlanetOut Inc. ..ng the lesbian, gay, bisexual and transgender, or LGBT, community, a market expected to have a reported buying power of approximately $610 billion in ..

L-3 Communications Holdings Inc. ..1997, derives all of its operating income and cash flow from its wholly-owned subsidiary, L-3 Communications. L-3 Communications, a Delaware corporati..

Loudeye Corporation ..digital media services that facilitate the distribution, promotion and sale of digital media content for media and entertainment, retail, wireless and..

La-Z-Boy Incorporated ..loral City Furniture in the 1920s and, in 1928, the newly formed company introduced its first recliner. In 1941, the name was changed to La-Z-Boy Chai..

Mediacom Communications Corporation .. television company based on customers served and the leading cable operator focused on serving the smaller cities and towns in the United States. Thr..

Mountain Province Diamonds Inc. ..n Province Diamonds Inc., formerly Mountain Province Mining Inc., was formed on November 1, 1997 by the amalgamation (the MPV Amalgamation) of Mountai..

Medis Technologies Ltd. ..manufacturing, marketing and distribution of direct liquid fuel cell products for portable electronic devices, for the consumer (personal and professi..

Macquarie Infrastructure Company Trust .. statutory trust which we refer to as the trust, owns its businesses and investments through Macquarie Infrastructure Company LLC, a Delaware limited ..

Marshall & Ilsley Corporation ..ion), incorporated in Wisconsin in 1959, is a registered bank holding company under the Bank Holding Company Act of 1956 (the BHCA) and is certified a..

Mentor Corporation ..n 1969. Our fiscal year ends on March 31, and references to fiscal 2005, fiscal 2004 or fiscal 2003 refer to the years ended March 31, 2005, 2004 or 2..

MRV Communications Inc. ..e and support communication equipment and services, and optical components. We conduct our business along three principal segments: the networking gro..

Metal Storm Limited ..Development of Metal Storm Our legal and commercial name is Metal Storm Limited, which was incorporated under the laws of Australia on April 13, 1994...

Max & Ermas Restaurants Inc. ..9) and franchises (23) a chain of 102 Max & Ermas restaurants at December 31, 2005. We are a Delaware corporation organized in 1982, as the successor ..

MASSBANK Corp. ..ncorporated under the laws of the State of Delaware on August 11, 1986. MASSBANK Corp. was organized for the purpose of becoming the holding company f..

Theragenics Corporation ..ed under Delaware law in 1981, is the manufacturer of TheraSeed®, a rice-sized, FDA-cleared device used to treat solid localized tumors, primarily pro..

NetLogic Microsystems Inc. ..ops and markets high performance knowledge-based processors for a variety of advanced Internet, corporate and other networking systems, such as router..

NewMil Bancorp Inc. ..tion formed in 1987, is the registered bank holding company for NewMil Bank, a wholly-owned subsidiary. NewMils activity is currently limited to the h..

Norsk Hydro ASA ..nformation set forth under the headings Business and Operating Information – About Hydro on pages 8 to 10, Business and Operating Information – Histor..

Netease.com Inc. ..n offering search services and free Web-based e-mail starting mid-1997 and early-1998, respectively. In mid-1998, we changed our business model from a..

Nippon Telegraph and Telephone Corporation ..ile voice related services, IP-packet communications services, sales of telecommunications equipment, systems integration and other telecommunications..

Neoware Inc. ..ble thin client computing, which is a computing architecture for business customers that is designed to be easier to manage, more secure, more reliabl..

Overland Storage Inc. ..s Overland Data, Inc. in California in 1980. In June 2002 we changed our name to Overland Storage, Inc. Our principal executive offices are located at..

Onstream Media Corporation ..emand media communication, including webcasting, webconferencing, digital asset management and web publishing services. Our objective is to provide th..

Hellenic Telecommunication Organization S.A. ..pment of OTE Hellenic Telecommunications Organization S.A., known as OTE or OTE SA, was incorporated as a socit anonyme in Athens, Greece, under the l..

Planar Systems Inc. ..isplay solutions for customers in medical, industrial, commercial and retailing markets. Products include several flat-panel display technologies and ..

VeriSign Inc. ..t infrastructure services that enable people and businesses to find, connect, secure, and transact across complex global networks. Through our Interne..

Petro-Canada ..conomic factors influencing Petro-Canadas upstream financial performance include crude oil and natural gas prices, and foreign exchange, particularly ..

Premier Financial Bancorp Inc. ..ti-bank holding company that, as of March 15, 2005, operates ten banking offices in Kentucky, three banking offices in Ohio, and six banking offices i..

Pier 1 Imports Inc. ..y include Pier 1 Imports, Inc. and its consolidated subsidiaries. References to Pier 1 relate to the Company’s retail locations operating under the na..

Pinnacle Bancshares Inc. ..e Holding Company) is a bank holding company incorporated under the laws of the State of Delaware. The Holding Company is registered under the Bank Ho..

Parametric Technology Corporation ..markets and supports product lifecycle management (PLM) and enterprise content management (ECM) software solutions and related services that help comp..

Potomac Electric Power Company ..diversified energy company that, through its operating subsidiaries, is engaged in three principal areas of business operations: † regulated electrici..

Park National Corporation .. company registered under the Bank Holding Company Act of 1956, as amended (the Bank Holding Company Act). Park was incorporated under Ohio law in 199..

PacificNet Inc. ..ficNet or PACT refers to PacificNet Inc., a Delaware corporation. OVERVIEW We were incorporated in the state of Delaware in 1987. Our business consist..

PXRE Group Ltd. ..ganized in Bermuda. We provide reinsurance products and services to a worldwide marketplace through our wholly owned subsidiary operations located in ..

QSound Labs Inc. ..990 in the province of Alberta, Canada under the Business Corporations Act of Alberta, by way of continuance from the province of British Columbia whe..

Rackable Systems Inc. ..ty compute servers based on an open architecture approach, targeting scale out datacenter deployments. In addition, we also design, market and sell a ..

Republic Bancorp Inc. ..olding company, under the Bank Holding Company Act of 1956, as amended (BHCA), headquartered in Louisville, Kentucky. Republic’s principal subsidiarie..

Reynolds and Reynolds Company (The) ..founded in 1866 and became an Ohio corporation in 1889. Reynolds was one of the first printing companies to produce standardized business forms. In 19..

Republic Bancorp Inc. ..ncorporated under the laws of the State of Michigan in 1986. The Companys principal office is located in Ann Arbor, Michigan. Through its wholly-owned..

Ronson Corporation ..incorporated in 1928. The Company is engaged principally in the following businesses: 1. Consumer Products; and 2. Aviation-Fixed Wing Operations and ..

Reuters Group PLC ..he global financial markets and the news media with a wide range of information and news products including real-time financial data, collective inves..

SAFECO Corporation ..rters in Seattle. We had 9,200 employees at February 25, 2005. We’ve been in business since 1923 serving the insurance needs of drivers, home owners a..

Satyam Computer Services Limited ..vider, offering a comprehensive range of IT services to our customers including, application development and maintenance services, consulting and ente..

Scottish Power plc ..nformation set forth under the headings Business Review on pages 12-35, Financial Review – Overview of the Year to March 2005 – Investment on pages 43..

Spherion Corporation ..erion and the Company refer to Spherion Corporation and its consolidated subsidiaries, unless otherwise expressly stated or the context otherwise requ..

Sigma-Aldrich Corporation ..the laws of the State of Delaware in May 1975. Effective July 31, 1975 (Reorganization), the Company succeeded, as a reporting company, Sigma Internat..

Solexa Inc. .. completed a business combination with Solexa Limited. Solexa Limited is a privately held company registered in England and Wales that develops system..

St. Paul Companies Inc. (The) ..orporated as a general business corporation under the laws of the State of Minnesota. The St. Paul and its subsidiaries constitute one of the oldest i..

Smith & Wesson Holding Corp .. United States and the largest U.S. exporter of handguns. We manufacture revolvers, pistols, and related products and accessories for sale primarily t..

Sapient Corporation ..s consulting and technology services firm that plans, designs, implements and manages information technology to improve business performance for Globa..

Southcoast Financial Corporation ..zed in 1999 under the laws of South Carolina for the purpose of being a holding company for Southcoast Community Bank. On April 29, 1999, pursuant to ..

Strattec Security Corporation ..n which appears on pages 5 through 10 of the Company’s 2005 Annual Report to Shareholders is incorporated herein by reference. For information as to e..

Suncor Energy Inc. ..S) We produce a variety of refinery feedstock and diesel fuel by developing the Athabasca oil sands in northeastern Alberta and upgrading the bitumen ..

Southwestern Energy Company ..y company primarily focused on the exploration and production of natural gas. We were organized under the laws of Arkansas over 75 years ago and origi..

Symantec Corporation ..ity providing a broad range of software, appliances, and services designed to help individuals, small and mid-sized businesses, and large enterprises ..

Trident Microsystems Inc. ..rated circuits (ICs) for digital media applications, such as digital television, LCD TV and digital set-top boxes (STB). Since 1987 we have designed, ..

Tegal Corporation .. herein contains forward-looking statements. These forward-looking statements are based on current expectations and beliefs and involve numerous risks..

Tellabs Inc. ..K are described in the Glossary, which appears at the end of this Item 1. Tellabs, Inc. was incorporated in 1975 as an Illinois corporation and was su..

Technology Investment Capital Corp. ..r to as TICC or the Company, is a specialty finance company principally providing capital to small- and medium-sized technology-related companies. Tec..

Triumph Group Inc. ..thin the meaning of the Private Securities Litigation Reform Act of 1995 relating to our future operations and prospects, including statements that ar..

Tower Semiconductor Ltd. ..ated to the manufacture of semiconductors and strategically focused on embedded non-volatile memory, complementary metal oxide semiconductor (CMOS) im..

United Rentals Inc. ..pany in North America. We offer for rent over 600 types of equipment—everything from heavy machines to hand tools—through our network of more than 730..

Vernalis plc ..hnology Limited and re-registered in 1989 as British Biotech plc, a public limited company under the laws of England with registered number 2304992. I..

Waters Corporation ..ent manufacturer, designs, manufactures, sells and services, through its Waters Division, high performance liquid chromatography (HPLC), ultra perform..

Expeditors International of Washington Inc. ..gaged in the business of providing global logistics services. The Company offers its customers a seamless international network supporting the movemen..

ABX Air Inc. ..rgo transportation and, through a network of 19 hubs, provides package sorting, handling and line-haul services within the United States. We operate a..

Aftermarket Technology Corp. ..pply chain logistics services to the light vehicle aftermarket and consumer electronics industries. Through our Drivetrain Business, we provide custom..

Alvarion Ltd. ..aws of the State of Israel. Since our inception, we have devoted substantially all of our resources to the design, development, manufacturing and mark..

Applix Inc. ..ness intelligence (BI) and business performance management (BPM) solutions, focused on interactive planning, budgeting, forecasting and analytics as w..

Atlantic BancGroup Inc ..ntic BancGroup, Inc. (Holding Company or Atlantic) was incorporated in the State of Florida. On April 3, 1999, the shareholders of Oceanside Bank (Oce..