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Information Technology Association of Canada - Ottawa, Canada February 20, 2007 Bill Gates addressed industry executives about the future of technology and the impact of innovation at a breakfast series hosted by the Information Technology Association of Canada.

BILL GATES: “Well, it's a very exciting time in the world of software and technology. I talk about it as going beyond the digital decade. Why do we use that term? Well, the last 10 years have been pretty incredible. In fact, it's hard for people to accept that the next 10 years are going to be far more incredible than the last 10. Ten years ago, where were we? Well, we had the Internet just emerging, we had a graphics interface that had been largely been accepted as the way of the interactive machine, and we had a standard for the personal computer, and so we had built the (inaudible) software industry around that personal computer, and that led to incredible innovation in terms of the range and the variety of applications that were built. Before the personal computer came along, the software industry was actually very, very small, and the industry was incredible hardware-centric. "

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