Item 2.05 Costs Associated with Exit or Disposal Activities.

Our management, with the assistance of management consulting firm Alvarez & Marsal, recently completed a comprehensive business review. Based on the results of the business review, we initiated a restructuring of our operations that includes a 10% reduction in our salaried workforce and other cost saving measures with the intent of streamlining the corporate organization and reducing operating costs. The headcount reductions, which were announced January 14, 2008, are being implemented immediately.

We expect to incur restructuring charges of approximately $1.2 million as a result of these actions, all of which are expected to relate to employee termination costs and all of which will be cash expenditures.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.