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WTAS VALUATION SERVICES GROUP AliphCom Common Equity Valuation as of June 20, 2011 CONFIDENTIAL EFTA00307294 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 2o, 2011 Table of Contents Transmittal Letter Definition of Value Scope of Engagement Conclusion S
y. Before joining WTAS, Petra was a member of the Valuation Services practices at a national consulting firm and an international accounting firm. Petra holds the Chartered Financial Analyst (CFA) and Accredited Senior Appraiser (ASA) designations. Petra teaches national valuation training for WTAS
d businesses to multi-billion dollar multinational public companies, in industries as diverse as manufacturing to technology. Before joining WTAS, Petra was a member of the Valuation Services practices at a national consulting firm and an international accounting firm. Petra holds the Chartered Fin
WTAS VALUATION SERVICES GROUP AliphCom Common Equity Valuation as of June 20, 2011 CONFIDENTIAL EFTA00307193 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 2o, 2011 Table of Contents Transmittal Letter Definition of Value Scope of Engagement Conclusion S
y. Before joining WTAS, Petra was a member of the Valuation Services practices at a national consulting firm and an international accounting firm. Petra holds the Chartered Financial Analyst (CFA) and Accredited Senior Appraiser (ASA) designations. Petra teaches national valuation training for WTAS
d businesses to multi-billion dollar multinational public companies, in industries as diverse as manufacturing to technology. Before joining WTAS, Petra was a member of the Valuation Services practices at a national consulting firm and an international accounting firm. Petra holds the Chartered Fin
WTAS VALUATION SERVICES GROUP AliphCom Common Equity Valuation as of June 20, 2011 CONFIDENTIAL EFTA00307395 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of June 2o, 2011 Table of Contents Transmittal Letter Definition of Value Scope of Engagement Conclusion S
y. Before joining WTAS, Petra was a member of the Valuation Services practices at a national consulting firm and an international accounting firm. Petra holds the Chartered Financial Analyst (CFA) and Accredited Senior Appraiser (ASA) designations. Petra teaches national valuation training for WTAS
d businesses to multi-billion dollar multinational public companies, in industries as diverse as manufacturing to technology. Before joining WTAS, Petra was a member of the Valuation Services practices at a national consulting firm and an international accounting firm. Petra holds the Chartered Fin
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