Create an opening statement for a presentation to management for the following scenario:

You have been tasked to lead a meeting for your company's IT upgrade project. This project was necessary because of several high-priority Internet-based applications the company was in process of developing. The IT upgrade project involved creating and implementing a plan to make all employees' IT assets meet new corporate standards within nine months. These standards specified the minimum requirements for each desktop or laptop computer, including the type of processor, amount of memory, hard disk size, type of network connection, security features, and software. A detailed inventory of the entire company has been completed.