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December
2006 Dear Friends and Customers,
On behalf of DCL and our employees,
I want to wish you all a very happy and safe holiday season.
2006 was
a good year for DCL. We are entering our 25th year in business and we are continuing
to move aggressively to expand capability and capacity in the fulfillment and
logistics side of the business. We are seriously looking at East Coast as our
next expansion.
DCL successfully launched the company's newly developed "On
Demand" (minimum or zero inventory) manufacturing program. The program, the
culmination of a joint effort by Management, Operations, Planning, Business Development
and the IT team, resulted in the award of a multi million dollar software manufacturing
and distribution deal for DCL. Presently we are processing in excess of 250 orders
daily in this new model.
In March, DCL completed a SAS 70 audit conducted
by an independent service auditor. The SAS 70 audit provides our customers and
their auditors with independent third party verification regarding the state of
our internal controls to be taken into consideration when making assessments of
control risks. The SAS 70 compliance aligns DCL with the requirements of the Sarbanes-Oxley
Act of 2002. Recently, Dave Tu, my son, joined the DCL management team as
the Director of Business Development. Dave will spearhead new business development
activities for the company. His focus will be on developing new strategies that
will enable DCL to add value to industry-leading supply chain solutions in the
form of strategic partnerships, acquisitions and strategic positioning. Dave brings
eight years of corporate experience with Boeing and JP Morgan. He recently graduated
with an MBA from the London School of Business.
As we close the year,
I want to thank you on behalf of the entire company for your friendship, business
and goodwill. We appreciate your support and look forward to exceeding your expectations
for service and quality in the coming year. Happy Holidays,
Norman Tu,
Chairman & CEO
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