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Page 2 Table of contents
Page 3 Denali market potential
Page 4 A typical system: Flue gas desulphurization
Page 5 The power of systems
Page 6 and Page 7 Shareholders’ letter
Page 8, Page 9, Page 10, and Page 11
Denali business and markets
Page 12 and Page 13 Denali board of directors
Page 14 and Page 15 Denali management team
Page 16 A brief review of 1999
Page 17 Investor information