MADISON STREET CAPITAL , is an international investment banking firm committed to the highest standards of integrity and service in providing corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. We have offices in North America, Asia, and Africa. We have specialized expertise in partnering with middle-market firms in hundreds of industry verticals and niche markets to achieve the best possible outcome through a variety of transactions. We analyze each client’s unique needs to obtain the best match between buyers and sellers, arrange appropriate financing, and create capitalization structures that optimize the client’s potential. Madison Street Capital is your trusted partner and leading provider of financial advisory services, M&A assistance, and valuations. Please visit our website at www.madisonstreetcapital.com contact us at (312) 529-700, and follow us on the following external websites: www.twitter.com/@MadStCap www.linkedin.com/company/madison-street-capital-llc en.wikipedia.org/wiki/List_of_investment_banks#Largest_full-service_investment_banks

1. Firm Overview – Q3/2011

5. Unique Appreciation for the Middle Market Management is a more crucial variable More room for creativity with growth opportunities (“storytelling”) More granular due diligence requirements Wider range of potential valuation outcomes Larger number of potential participants in process Business is often not a “must have” for any single investor Transaction agreements are highly customized Process can be taxing on limited management resources Must make room in the process for investors to get to know management, sometimes even before submission of first round bids More time invested in pre-launch phase of process Requires anticipation of potential issues to avoid slippage in timetable and unwinding of competitive tension Process Matters Requires experience to narrow the field and to interpret first round bids Need to walk a fine line between drawing investors into the process and conveying strength at the same time Contract negotiations cannot be divorced from the rest of the process Advisor must be prepared to carry a significant load GREATER SCOPE FOR ADVISOR TO ADD VALUE. NEED FOR SPECIALIZED SKILLS.

16. About Madison Street Capital MADISON STREET CAPITAL , is an international investment banking firm committed to the highest standards of integrity and service in providing corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. We have offices in North America, Asia, and Africa. We have specialized expertise in partnering with middle-market firms in hundreds of industry verticals and niche markets to achieve the best possible outcome through a variety of transactions. We analyze each client’s unique needs to obtain the best match between buyers and sellers, arrange appropriate financing, and create capitalization structures that optimize the client’s potential. Madison Street Capital is your trusted partner and leading provider of financial advisory services, M&A assistance, and valuations. Please visit our website at www.madisonstreetcapital.com and follow us on the following external websites: www.twitter.com/@MadStCap www.linkedin.com/company/madison-street-capital-llc en.wikipedia.org/wiki/List_of_investment_banks#Largest_full-service_investment_banks

17. Tuesday, December 12 th , 2006 DISCUSSION ON EQUITY CAPITAL MARKETS For more information please contact : Karl D’Cunha, CA Senior Managing Director 105 W. Madison Street, Suite 1200 Chicago, IL, 60602 (312) 529-7000 [email_address]