The corporate credit rating on Winston-Salem, N.C.-based Inmar Inc. reflects Standard&Poor's Ratings Services' assessment of the company's business risk profile as "weak." This incorporates our belief that Inmar generally has a stable business but economic downturns leading to greater inventory liquidations could hurt its reverse logistics business and overall profits. We expect modest profit growth in near term but no material improvement in credit ratios. Accordingly, we do not expect to change our view of the company's financial risk profile from "aggressive." We expect Inmar's reverse logistics division, which mainly handles returns and dispositions between retailers and manufacturers, to perform reasonably well in the near term. We believe return volumes will increase as the economy slowly improves, and
