The following is a transcript of remarks by CIA Director George J. Tenet to employees and members of the US Intelligence Community.

I have decided to step down as Director of Central Intelligence, effective July 11th, the seventh anniversary of my being sworn in as DCI.

I did not make this decision quickly or easily. But I know in my heart that the time is right to move on to the next phase of our lives.

As I look back on how the Intelligence Community has evolved over the past decade, there is much to be proud of.

What you have achieved in this fight against a clever, fanatical enemy, around the world the cells destroyed, the conspiracies defeated, the innocent lives saved will for most Americans be forever unknown and uncounted. But for those privileged to observe these often hidden successes, they will be an unforgettable testament to your dedication and your valor.

In short: each day, here and abroad, from diverse backgrounds, with varied skills, you come together for a single purpose: to give our country an essential advantage in its understanding of the conditions in the world, and in its ability to change those conditions for the better.

We are not perfect but one of our best kept secrets is that we are very, very, very good.

It is difficult in knowing that I will not be as directly connected to the thousands of men and women overseas who along with their families sacrifice so much to protect our country.

But there is also great joy in knowing that I will never be far away in heart and spirit from all of you. You will have no greater advocate wherever I may be for you and your families.

As Dick Helms used to say, let's get on with it and get back to work.

Tenet Remarks to CIA Colleagues