With more than 450 facilities and 4,400 employees across North America, Applied Industrial Technologies offers more than 2 million parts critical to the operations of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. For its fiscal year ended June 30, 2002, the company posted sales of $1.45 billion. Applied can be visited on the Internet at http://www.applied.com .