This document has been prepared by Summit Patent & Technology Advisors (“SUMMIT ADVISORS”). In using the services of SUMMIT ADVISORS, you hereby acknowledge and agree to the following terms and conditions:

Any Information provided represents our view as of the stated date and is subject to change and/or withdrawal at any time without notice. The Information may be based on (a) data that may no longer be current, (b) estimates that may involve highly subjective assessments and (c) models that may change from time to time and be different from the assumptions and models used by other persons.

The Information: (a) may not necessarily reflect SUMMIT ADVISORS internal books and records or its theoretical valuation models and may not reflect reserves and other adjustments made to model valuations in its internal books and records; (b) may not contain all factors that may affect SUMMIT ADVISORS own valuation of the company described herein; (c) does not imply firm bids or offers; (d) may vary significantly from valuation levels available from other sources; and (e) does not imply a theoretical liquidation value.

SUMMIT ADVISORS does not guarantee the accuracy, reliability or completeness of the Information (including any assumptions, modeling or back-testing used to develop such Information), which may have been developed based upon third party sources. Any data on past performance, modeling or back-testing contained herein is no indication as to future performance or value.

The Information herein is not intended to be an offer or solicitation for the purchase or sale of any company, and is provided for reference purposes only. The Information should not be the sole basis for determining the value of any company or in making any decision to buy, sell or invest in the company.

The Information is illustrative. It is not intended to predict actual results, which may differ substantially from those reflected in the Information, and no assurances are given with respect thereto. SUMMIT ADVISORS does not represent that any Information in this document directly correlates with values which could actually be achieved now or in the future. The value of any business may fluctuate as a result of market changes or other factors.

The Information may address only certain aspects of the relevant company’s characteristics and, therefore, may not provide a complete assessment. As such, the Information may not reflect the impact of all structural characteristics of the company referred to herein, including cash flow priorities and/or interest rates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time by SUMMIT ADVISORS, in its sole discretion, to reflect changed circumstances or for any other reason. Any decision to buy, sell or invest in the company should be based on your assessment of the value of the company, and not on the Information.

This document has not been prepared in accordance with the standards and practice of any professional body in any jurisdiction and does not, and is not intended to, constitute an accounting, legal or tax opinion from SUMMIT ADVISORS. You acknowledge that: (a) SUMMIT ADVISORS has not advised you as to the appropriateness of any particular use of the Information including in connection with internal financial accounting determinations or in satisfaction of reporting obligations; and (b) you should consult with your auditors and other advisors you deem appropriate as to whether the Information may be useful to you in connection with the preparation of your financial statements.

Neither you nor your affiliates or advisers or any other person may rely on the Information. SUMMIT ADVISORS does not, through this document or the views expressed herein, owe or accept any responsibility or liability to you or your affiliates or your advisers or any other person, whether in contract or in tort or howsoever otherwise arising, including the use of this document in the preparation of your own financial books and records, and shall have no responsibility or liability to you or your affiliates or advisers or any other person for any loss or damage suffered or costs or expenses incurred (whether direct or consequential) by any person arising out of or in connection with the provision of this document to you, however the loss or damage is caused or the costs or expenses are incurred.

SUMMIT ADVISORS shall not be a fiduciary or advisor unless it has agreed in writing to receive compensation specifically to act in such capacities. SUMMIT ADVISORS, its affiliates and the individuals associated therewith: (a) may (in various capacities) have positions or deal in business valuations similar to those described herein and; (b) may provide advisory or valuation services to such companies.

We have no obligation to continue to provide you with the Information. We may cease doing so at any time in our sole and absolute discretion.

This document is confidential, and no part of it may be reproduced, distributed or transmitted without the prior written permission of SUMMIT ADVISORS.