Dave Ball March 24, 2004 Houndware Corp 14944 – 121A Avenue Edmonton, AB T5V 1A3 Dave, Just thought I would drop you a line to let you know how pleased we are with Toolhound. As you are aware, we implemented the product in June 2003, just in time for our Plant Shutdown. By the time the shutdown was complete, we estimated that we had actually paid for Toolhound in the amount of money saved in lost tools. For

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