and we have our mayor, and when -- edwin m. lee. a round of applause for our special guest today. [applause] we also have representatives from the various teams, the competitors for the 34th america's cup. today, we will introduce you to each one of the teams. we will take a sneak peek into the preparations over the next few months. competitors will be preparing for the first america's cup world series in portugal, and this week, enabled us to get our first glimpses into the future. i'm sure you all saw the video yesterday, did you not? the brief video? really, the america's cup boats are going to light up our waterfront with raw power and speed and show us things that we have never seen in these waters in our day before. so if you did not get to see some of the action yesterday on the water, here is a little taste of what the bay area has to come, some video of what happened on the water yesterday. >> wow. not a scene from a bond movie, but the real deal there. just a couple of votes in the water yesterday. if you can imagine what