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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
get physically active urban adults. The Company's products received various accolades and awards, with the most recent being the winner of the 2010 Industrial Designer's Society of America ("IDSA") Design of the Decade. Going forward, management is forecasting significant growth from recently launched new products an
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
get physically active urban adults. The Company's products received various accolades and awards, with the most recent being the winner of the 2010 Industrial Designer's Society of America ("IDSA") Design of the Decade. Going forward, management is forecasting significant growth from recently launched new products an
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
get physically active urban adults. The Company's products received various accolades and awards, with the most recent being the winner of the 2010 Industrial Designer's Society of America ("IDSA") Design of the Decade. Going forward, management is forecasting significant growth from recently launched new products an
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