CatchMark (NYSE: CTT) provides institutions and individuals a unique opportunity to invest in a public company focused exclusively on the management of high quality timberlands with an objective of producing durable shareholder returns from recurring income, select acquisitions, and opportunistic land sales. We seek to drive performance through a focus on higher quality assets in select mill markets. We look to deliver recurring dividends from sustainable harvests on prime timberlands and opportunistic land sales, taking advantage of the current housing recovery. Our advanced forest management technology provides for predictable growth rates and harvest yields over an extended period, allowing for optimum long-term harvest planning. We proactively adjust harvest activities in response to market conditions, accelerating harvest volumes to capitalize on strong product pricing or allowing trees to continue to grow and appreciate in value. We target the acquisition of highly-productive and well-located timberlands in high demand fiber basket markets through disciplined capital allocations, focusing on the high-demand U.S. South in addition to other prime U.S. timber regions. We grow stable and predictable cash flows and enhance net asset value (NAV) through active forest management and concerted environmental stewardship–our timberlands are audited and certified as a sustainable forest by the Sustainable Forestry Initiative®. We continually assess potential alternative uses for timberland tracts that may prove more valuable for development, conservation, or recreation.