Properties
Our corporate headquarters, which houses our administrative, sales and marketing, customer service and product development activities, is located in
Alviso, California, under a lease that expires in March 2007. We believe that our corporate facilities will be adequate to meet our office space needs for the next several years as we currently utilize approximately 85% of the total office space.
Our facilities lease obligations are subject to periodic increases and we believe that our existing facilities are well maintained and in good operating condition.
Additionally, we currently lease international office space in Berkshire, United Kingdom under a lease that expires in March
2006. We have vacated this facility and no longer maintain an office in the United Kingdom.