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Panama

panama.gif (8743 bytes)


Available Market Research

Industry Sector Analyses are industry specific reports prepared either by US Commercial Service Staff or local market research contractors.   Typical reports include:

  • A Market Overview
  • Market Highlights and Best prospects
  • Statistical Data
  • Best Sales Prospects
  • Competitive Analysis
  • End-User Analysis
  • Market Access (includes information on duties, taxes, standards etc.)
  • Trade Promotion Opportunities
  • Trade Publications
  • Market Research Companies
  • Trade Associations
  • Agents, Distributors and Manufacturers

International Marketing Insights (IMI) contain industry specific information and are short, concise reports.  

For a listing of available ISAs and / or IMIs, please click here.

This information is available free of charge to all US companies. 

Welcome to the U.S. Commercial Service

The U.S. Department of Commerce is represented worldwide by the Commercial Service.  The Commercial Service supports U.S. commercial interests and assists American businesses in their export marketing efforts.

Our offices offer business counseling and a wide range of tailored services to assist American firms to identify business opportunities throughout the world. Our offices foreign companies who wish to partner with American companies in areas of distribution of American products, joint ventures, and licensing. While some services are fee-based, many are provided free of charge. We welcome you to our site and encourage you to visit other websites that are likely to be of interest to you.  To find the country of interest, please visit: http://www.buyusa.gov/home/export.html

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Best Prospects in the ICT Market

For further information about the Panamanian market, please consult the Country Commercial Guide.

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Chambers of Commerce

http://www.panacamara.com/ 

Camara de Comercio, Industrias y Agricultura de Panama (CCIAP)

http://www.panamcham.com 

AMCHAM – American Chamber of Commerce, P.O. Box 168 Balboa (Ancon), Panamá, República de Panamá, Phone: (507) 269-3881, Fax: (507) 223-3508, Email: amcham@panamcham.com

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Channels of Distribution

For further information of the definitions of the channels of distribution, please click here. The following are known ICT sales channels.   They may or may not be available in all markets.

Agents / Distributors Business to Business (B2B) Consultants
E-Commerce Educational Sales Government
Leasing OEM Retailers
Telecommunications Systems Operators Used VARS, ISVs, Resellers, System Integrators
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Agents / Distributors

Hardware

http://www.gbm.net/ GBM DE PANAMA, P.O.Box EE Ancon, Balboa, R.P., Tel:(507) 263-9977, Fax:(507) 269-3604, e-mail:info@pan.gbm.net, Contact: Gaspar Tarte, GM
http://www.rodelag.com/ RODELAG, SA, P.O.Box 11604, Panama 6, R.P., Tel:(507) 236-2333;(507) 236-2032, Fax:(507) 236-3187, e-mail:  rodelag@pananet.com Contact: Julian Palacios, Purchasing
http://www.tecnasa.com TECNASA, P.O.  Box 1549 Panama 9A, R.P., Tel:(507) 236-0121;(507) 236-0011, Fax:(507) 236-3044;  (507) 236-1238, e-mail: maued@tecnasa.com, Contact:Miguel Aued, GM
http://www.unisys.com/index.htm UNISYS, P.O.  Box  024, Panama 5, R.P., Tel: (507) 236-1105;(507) 236-1005, Fax:(507) 236-0181, e-mail:univenta@sinfo.net, Contact:  Tatiana de Varela

Software

http://www.adrtec.com  ADR Technologies, Address: Calle Aquilino De La Guardia, Edificio BAC/NCR Piso 4, P.O. Box: 5006,Panama 5, Rep. Of Panama, Phone: (507) 263-9333,Fax: (507) 223-2303, Contact: Adolfo Noriega III, E-mail: info@adrtec.com 
http://www.advancecomputers.com  Advance Computer Services & Solutions, Inc., Address: Plaza Balboa, Vía Israel, Punta Paitilla, P.O. Box: 1980, Panama 1, Rep. Of Panama, Phone: (507) 264-5011, Fax: (507) 264-9710, Contact: Ariel Davis, E-mail: markela@advancecomputers.com 
http://www.arango.com  Arango Software International, Address: Ave. Balboa, Edificio BBVA, Piso 6, P.O. Box: 87-1355, Panama 7, Rep. Of Panama, Phone: (507) 227-2219, Fax: (507) 227-2960, Contact: Marlen Haayen, E-mail: marlenh@arango.com 
http://www.cosisa.com  COSISA, Address: Centro Comerical, Boulevard El Dorado, Local No. 5, P.O. Box: 9522 Zona 6 El Dorado, Panama 6, Rep. Of Panama, Phone: (507) 260-2169, Fax: (507) 260-2341, E-mail: cosisa@cosisa.com 
http://www.gbm.net  GBM de Panamá, S.A., Address: Calle Aquilino De La Guardia y Ave. Rogelio Alfaro, Edificio GBM, Marbella, P.O. Box: GBM Panamá, P.O. Box EE Balboa, Ancón, Panama, Rep. Of Panama, Phone: (507) 263-9977, Fax: (507) 269-3604, Contact: Gaspar Tarté, E-mail: mercadeopa@gbm.net 
http://www.infosgroup.com  Infosgroup, Address: Edificio Plaza Balboa, Punta Paitilla, Panamá, P.O. Box: 55-0822 Paitilla, Panama, Rep. Of Panama, Phone: (507) 263-2414, Fax: (507) 263-2412, Contact: Arianne Perez, E-mail: aperez@infosgroup.com 
http://www.multimax.net  Multimax, Address: Centro Comercial Multimax, Local #10, Via Ricardo J. Alfaro, P.O. Box: 1878, Panama 1, Rep. Of Panama, Phone: (507) 279-8484, Fax: (507) 279-8485, Contact: Abraham Bettsak, E-mail: multimax@multimax.net 
http://www.solusoft.com  Solusoft, Address: Ave. Federico Boyd y Calle 51. Edificio Scotia Plaza, Piso 7, P.O. Box: 55-2048 Paitilla, Panama, Rep. Of Panama, Phone: (507) 263-9077, Fax: (507) 263-9100
Contact: Abdel Saied, E-mail: ventas@solusoft.com 
http://www.sonitel.com  Sonitel, Address: Vía Brasil y Ave. 1 C-Sur, P.O. Box: 4349, Panama 5, Rep. Of Panama, Phone: (507) 263-9800, Fax: (507) 263-9815, Contact: Julio Spiegel R., E-mail: sonitel@sonitel.com 
http://www.tecnasa.com  Tecnasa, Address: Edificio Tecnasa, Office Park No. 10, Calle Rubén Darío, Ancón, Panamá, P.O. Box: 1549, Panama 9A, Rep. Of Panama, Phone: (507) 207-9777, Fax: (507) 232-5858, Contact: Miguel Aued, E-mail: info@tecnasa.com 
http://www.unisistems.com.pa  Unisistemas, Address: Avenida Ricardo J. Alfaro, Urbanización Dos Mares, a un costado de Tesa, P.O. Box: 024, Panama 5, Rep. Of Panama,Phone: (507) 236-1005, Fax: (507) 236-0181, Contact: Enoch Delgado, General Manager, E-mail: ventas@unisistems.com.pa 
http://www.velu.com  VELU Software, Address: Calle 50, Urbanización Marbella, No. L-2, P.O. Box: 833-0121 Plaza Panamá, Panama, Rep. Of Panama, Phone: (507) 264-9034, Fax: (507) 263-7102, Contact: Carlos Guevara, E-mail: info@velu.com 
http://www.wizco.com  Wizco, Address: Edificio Omega, Piso 5, Ave. Samuel Lewis y Calle 53 Obarrio, P.O. Box: 87-3685, Panama 7, Rep. Of Panama, Phone: (507) 265-3290, Fax: (507) 265-3409, Contact: Manuel Lorenzo, E-mail: info@wizco.com 
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Business to Business (B2B)

Banks

http://www.reserve-bank.com/ Reserve Bank's index of Panama banks
http://www.aaadir.com/ AAAdir Directory - Directory of Banks, Credit Unions and Financial Information on the Internet
http://www.wiso.gwdg.de/ Banks of the world by country
http://www.qualisteam.com/ Directory of banks on the web.   Coverage : 3.107 banks - i.e. over 95% of all banking sites
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Newspapers

http://www.newspapers.com/   This page provides an easy to use tool for referencing the world's newspapers
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US Subsidiaries

http://www.cisco.com/pa/  Cisco
http://www.microsoft.com/panama/ Microsoft de Panamá, S.A.,  Calle 50 y Ave. Nicanor Obarrio, Plaza Panamá Piso 23, P.O. Box: 922, Panama 3, Rep. Of Panama, Phone: (507) 210-1270, Fax: (507) 210-1271, Contact: Luis Carlos Stoute
http://www.unisys.com/index.htm UNISYS, P.O.  Box  024, Panama 5, R.P., Tel: (507) 236-1105;(507) 236-1005, Fax:(507) 236-0181, e-mail:univenta@sinfo.net, Contact:  Tatiana de Varela
http://www.xerox.com  Xerox, Documentos y Digitales de Panama, Digitales y Documentos de Panama, S.A., Calle 53E, Urb. Marbella 1a. Planta, Panamá, Republica de Panamá, Tel:  507+223+8777, Fax:  507+263+5941, E-mail:  SMollinedo@difoto.com.pa
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E-Commerce

Internet Service Providers

http://www.gbm.net/ 

GBM Panama, local internet provider

http://www.zonamovil.com.pa/ 

Cable & Wireless Panama, major telecommunications company.

http://www.pa.inter.net/corp/ 

Interdotnet Inc.

http://www.redhucyt.oas.org/ RedHuyct - OAS Internet project
http://www.nsrc.org/ NSRC Panama 
http://herbison.com/l  Herbison Consulting's list of Panama's ISPs
http://www.telefonica.com/ Telefonica Moviles
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Educational

http://www.directoryofeducation.net/

Listing of 16 Colleges and Universities in Panama.

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Governmental

http://www.gksoft.com/ Governments on the WWW: Panama
http://www.colonfreezone.com/  Colon Free Zone
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Leasing

http://www.hsbc.com/ HSBC Panama
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Telecommunications Systems Operators

http://www.zonamovil.com.pa/  Cable & Wireless Panama
http://www.telefonica.com/ Telefonica Moviles
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Used / Reconditioned

Please visit: http://web.ita.doc.gov/.

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Directories and Databases

http://www.infonetsa.com/ Infonet's Commercial Directory of Panama 
http://directory.centramerica.com/  Central America.com's guide to Panama
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Duties, Tariffs & Taxes

Although a Free Trade Agreement is in negotiation, duty is still charged. 

For ICT related products, please click here: http://web.ita.doc.gov/.

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General Country Information

http://www.state.gov/  US Dept of State's Background Notes
http://travel.state.gov/ US Dept of State's Consular Information Sheet
http://www.odci.gov/ CIA Factbook
http://www.eia.doe.gov/ US Dept. of Energy's Country Analysis Brief
http://lanic.utexas.edu LANIC: Panama - directory of academic research resources, with sections on the arts, history, culture, news, the media, travel, and more.
http://www.webguidepanama.com/  7Search's webguide to Panama
http://travel.lycos.com/ Lycos guide to Panama
http://lanic.utexas.edu/la/ca/panama/ University of Texas' Panama Portal
http://geography.about.com/  About's guide to Panama
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Intellectual Property Rights

Panama is a member of the World Intellectual Property Organization (WIPO), the Geneva Phonograms Convention, the Brussels Satellite Convention, the Universal Copyright Convention, the Bern Convention for the Protection of Literary and Artistic Works, the Paris Convention for the Protection of Industrial Property, and the International Convention for the Protection of Plant Varieties.  In addition, Panama was one of the first countries to ratify the WIPO Copyright Treaty and the WIPO Performances and Phonograms Treaty, although the government has yet to introduce implementing legislation to put these treaties fully into force in Panama.
 
Protection of intellectual property rights (IPR) in Panama has improved significantly over the past several years. The government passed an Anti-Monopoly Law in 1996 mandating the creation of commercial courts to hear anti-trust, patent, trademark, and copyright cases exclusively.  Two district courts and one superior tribunal began to operate in June 1997 and have been adjudicating intellectual property disputes.  IPR policy and practice in Panama is the responsibility of an Inter-institutional Committee for Intellectual Property (CIPI).  This committee consists of representatives of six government agencies and operates under the leadership of the Vice-Minister of Commerce, who has delegated chairmanship to the head of the industrial property office.  CIPI coordinates enforcement actions and develops strategies to improve compliance with the law, including organizing training and public awareness seminars, among other activities.  In January 2003, the GOP designated an IPR-specific prosecutor with national level powers, which will consolidate and simplify prosecution of those cases.
 
Copyrights
 
The National Assembly in 1994 passed a comprehensive copyright bill (Law 15), based on a World Intellectual Property Organization model.  The law modernizes copyright protection in Panama, provides for payment of royalties, facilitates the prosecution of copyright violators, protects computer software, and makes copyright infringement a felony. Although the lead prosecutor for IPR cases in the Attorney General's Office has taken a vigorous enforcement stance, the Copyright Office remains small and relatively passive.
 
In the near term, the Copyright Office plans to complete the drafting of long-promised improvements to the Copyright Law to implement the new WIPO treaties (the WIPO Copyright Treaty and the WIPO Performances and Phonographs Treaty) and to establish new offenses, such as those needed for internet-based copyright violations, to raise the penalties for infractions, and to enhance border measures.  This proposed draft legislation is moving forward with technical assistance from SIECA (the Central American Economic Integration System).  The legislation is to be introduced in the National Assembly in 2003.
 
Patents
 
A new Industrial Property Law (Law 35) went into force in 1996 and provides 20 years of patent protection from the date of filing.  Pharmaceutical patents are granted for only 15 years, but can be renewed for an additional ten years, if the patent owner licenses a national company (minimum of 30% Panamanian ownership) to exploit the patent. The Industrial Property Law provides specific protection for trade secrets.  However, at least one pharmaceutical company has raised the alarm that these protections are not being respected by the office of the Ministry of Health that registers generic medicines, though the Ministry is attempting to address the concerns.
 
Trademarks
 
Law 35 also provides trademark protection, simplifying the process of registering trademarks and making them renewable for ten-year periods.  The law's most important feature is the granting of ex-officio authority to government agencies to conduct investigations and to seize materials suspected of being counterfeited.  Decrees 123 of November 1996 and 79 of August 1997 specify the procedures to be followed by Customs and CFZ officials in conducting investigations and confiscating merchandise.  In 1997, the Customs Directorate created a special office for IPR enforcement, followed by a similar office created by the CFZ in 1998.  The Trademark Registration Office has undertaken significant modernization with a searchable computerized database of registered trademarks that is open to the public and remotely accessible by Customs and CFZ officials, among others.  This facilitates the inspection and investigation process considerably and has provided a model for other countries in the region.

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Market Research

http://www.buyusainfo.net/ USDOC ICT Market Research
http://strategis.ic.gc.ca/ Strategis / USDOC ICT market research
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Search Engines

http://www.google.com.pa/ Google
http://dmoz.org/  DMOZ
http://www.panama1.com/  Panama1
http://dir.yahoo.com/  Yahoo
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Technical Standards

None Noted

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Trade Associations

None Noted

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Trade Publications

http://www.latinol.com Latin Online, S.A., Marbella Calle 54, Casa No. 5, P.O. Box: N/A, Panama City, Panama,  Phone:(507) 214-6814 , Fax: (507) 214-6813, Contact: Yaron Rosiner, E-mail: yaron@latinol.com 

http://www.infonetsa.com

Website directory for companies in Panama. Information on trade regulations, and general information on Panama.

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Trade Shows, Exhibitions and Seminars

Additional information on how to prepare for and select an international trade show can be found at

http://www.expocomer.com

EXPOCOMER - Organized by the Chamber of Commerce, Industry and Agriculture of Panama. Expocomer is the largest, annual horizontal, international exhibition in Panama. There are 650 booths, 28 country pavilions and 13,000 buyers at this event. E-mail: expo@expocomer.com

http://www.tscentral.com/ This site provides an extensive trade show directory with detailed information on 30,000 international and domestic trade shows, conferences and seminars. You can search by show name, show type, industry, city, country, and start & end dates of the show. Some events have the option to have more information sent to the user and have on-line event registration.
http://www.techweb.com/ Techweb’s calendar is focused on information technology and provides access to information on 2,000 plus technology related events which may be searched by key word or by industry. There is detailed information on each event. Additional information concerning computer related trade shows can be found here.
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Trade Statistics

Computers & Peripherals

HTS Number 2005 2006 2007 Percent Change
2006 - 2007
In Actual Dollars
847330
PARTS AND ACCESSORIES FOR AUTOMATIC DATA PROCESSING MACHINES AND UNITS THEREOF, MAGNETIC OR OPTICAL READERS, TRANSCRIBING MACHINES, ETC., NESOI
28,665,054 35,241,480 16,551,996 -53.0%
847149
AUTOMATIC DATA PROCESSING MACHINES AND UNITS THEREOF PRESENTED IN THE FORM OF SYSTEMS, N.E.S.O.I.
10,736,048 16,361,666 15,598,124 -4.7%
847150
PROCESSING UNITS OTHER THAN THOSE OF 8471.41 AND 8471.49, N.E.S.O.I.
6,021,449 12,039,450 14,444,403 20.0%
847130
PORTABLE AUTOMATIC DATA PROCESSING MACHINES, WEIGHT NOT MORE THAN 10 KG, CONSISTING OF AT LEAST A CENTRAL PROCESSING UNIT, KEYBOARD & A DISPLAY
5,504,185 9,045,458 13,128,502 45.1%
847180
AUTOMATIC DATA PROCESSING UNITS, N.E.S.O.I.
2,043,860 3,910,924 2,656,801 -32.1%
847170
AUTOMATIC DATA PROCESSING STORAGE UNITS, N.E.S.O.I.
1,737,203 1,189,983 2,489,442 109.2%
847141
ADP MACHINES COMPRISING IN SAME HOUSING AT LEAST A CENTRAL PROCESSING UNIT AND AN INPUT AND OUTPUT UNIT, WHETHER OR NOT COMBINED, N.E.S.O.I.
965,475 1,408,968 1,803,295 28.0%
847160
AUTOMATIC DATA PROCESSING INPUT OR OUTPUT UNITS, WHETHER OR NOT CONTAINING STORAGE UNITS IN THE SAME HOUSING, N.E.S.O.I.
8,871,163 6,432,062 1,729,897 -73.1%
847190
AUTOMATIC DATA PROCESSING UNTS THEREOF; MAGNETIC/OPTICAL READERS, MACH FOR TRANSCRIBING DATA TO DATA MEDIA IN CODED FORM & MACH FOR PROC DATA, NESOI
245,442 188,422 961,280 410.2%
847110
ANALOG OR HYBRID AUTOMATIC DATA PROCESSING MACHINES
247,986 272,870 0 -100.0%
  65,037,865 86,091,283 69,363,740 -19.4%
Source: USITC Trade Data Web

Telecommunications Equipment

HTS Number 2005 2006 2007 Percent Change
2006 - 2007
In Actual Dollars
851712
TELEPHONES FOR CELLULAR NETWORKS OR FOR OTHER WIRELESS NETWORKS
0 0 14,910,751 N/A
851762
MACHINES FOR THE RECEPTION, CONVERSION AND TRANSMISSION OR REGENERATION OF VOICE, IMAGES OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS
0 0 10,450,253 N/A
851770
PARTS OF TELECOMMUNICATIONS APPARATUS
0 0 6,264,549 N/A
851769
OTHER APPARATUS FOR THE RECEPTION, CONVERSION AND TRANSMISSION OR REGENERATION OF VOICE, IMAGES OR OTHER DATA, NESOI
0 0 1,468,056 N/A
851718
TELEPHONE SETS, NESOI
0 0 1,212,921 N/A
851711
LINE TELEPHONE SETS WITH CORDLESS HANDSETS
1,025,311 867,014 1,034,463 19.3%
851761
BASE STATIONS
0 0 291,277 N/A
851721
FACSIMILE MACHINES
27,582 108,487 0 -100.0%
851730
TELEPHONIC OR TELEGRAPHIC SWITCHING APPARATUS
454,201 409,228 0 -100.0%
851780
ELECTRICAL TELEPHONIC AND TELEGRAPHIC LINE APPARATUS, N.E.S.O.I.
498,966 808,277 0 -100.0%
851790
PARTS OF ELECTRICAL APPARATUS FOR LINE TELEPHONY OR TELEGRAPHY, INCLUDING PARTS OF SUCH APPARATUS FOR CARRIER-CURRENT LINE SYSTEMS
3,350,839 2,857,304 0 -100.0%
851750
ELECTRICAL TELECOMMUNICATION APPARATUS FOR CARRIER-CURRENT LINE SYSTEMS OR FOR DIGITAL LINE SYSTEMS, N.E.S.O.I.
13,231,984 8,669,260 0 -100.0%
851719
VIDEOPHONES & OTHER TELEPHONE SETS, N.E.S.O.I.
571,205 714,859 0 -100.0%
  19,160,088 14,434,429 35,632,270 146.9%
Source: USITC Trade Data Web

http://www.intracen.org/

Source: The International Trade Centre is the joint agency of the World Trade Organization and the United Nations.

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User Groups

http://servlet.java.sun.com/ Java users groups
http://www.linux.org/groups/panama.html  Linux users groups
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E-Mail Links to the Respective Industry Specialist(s)

Mr. J. Enrique Tellez, Commercial Specialist

CONTACT INFORMATION

Telephone: 507-207-7000, Direct #: 207-7080
Facsimile: 507-227-1713
E-mail address: Enrique.Tellez@mail.doc.gov 
Industry Sectors: Computer Services (CSV), Computer Software (CSF), Computers/Peripherals (CPT), Telecommunications Eq. (TEL), Telecommunications Services (TES)

OFFICE INFORMATION

STREET ADDRESS

American Embassy
Avenida Balboa Y Calle 39, Edif. Torre Miramar, 5 th floor
Panama City Panama
Panama

U.S. MAILING ADDRESS

American Embassy - Panama City
Unit 0945
APO AA 34002

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Revised: November 08, 2008


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