The Association of Bioscience Financial Officers, the "ABFO", was established in 1988 by senior financial executives working in the bioscience industry for the purpose of providing a forum for the discussion of business and financial issues specifically relevant to our industry. ABFO started in Northern California and has since grown into a national organization. The Northern California Chapter (NorCal) serves the San Francisco Bay Area and surrounding areas. Currently we have 130 member companies, which is referenced below under "Company Size."