Presentation Basis This presentation was prepared on a confidential basis exclusively for the benefit and use of the Board of Directors of “Meteor” (the “Company”) to evaluate the fairness from a financial point of view of the transaction described herein. It is not a recommendation as to how any Board member should vote, and does not carry any right of publication or disclosure. Neither this presentation nor any of its contents may be used for any other purpose without the prior written consent of Needham & Company, LLC. The information contained in this material was obtained from the Company and other sources. Any financial estimates and projections contained herein have been prepared by management or are based upon such estimates and projections, and involve numerous and significant subjective determinations, which may or may not be correct. No representation or warranty, expressed or implied, is made as to the accuracy or completeness of such information and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. This material was not prepared for use by readers not as familiar with the business and affairs of the Company as the Board of Directors and, accordingly, Needham & Company, LLC takes no responsibility for the accompanying material when used by persons other than the Board of Directors of the Company.

Summary of the Transaction Terms Harry Knowles to enter into contribution and voting agreement to contribute shares of Meteor stock in exchange for purchaser’s stock and to vote in favor of the Transaction. Rollover of Equity: 4.0% of the fully-diluted equity value of Meteor Break-Up Fee: 2.0% of the fully-diluted equity value of Meteor Reverse Break-Up Fee: Francisco Partners Acquiror Name: Meteor Target Name: Francisco acquires Meteor for $18.50 per share in cash. With $84.3 million of net cash(1), the enterprise value is $346.6 million. Transaction subject to approval by Meteor shareholders. Divestiture of Apollo would occur prior to shareholder vote. Transaction Form: Francisco has received commitment letters to provide debt financing in an amount of $235 million. Financing Commitments: Approve Transaction – September 11, 2006 Closing – December 2006 Timing: 13.1% (based on 09/08/06 closing price) 24.6% (based on 09/08/06 50-day moving average) Implied Premium: Notes: Reflects draft merger agreement dated September 6, 2006. (1) As of June 30th, 2006. Assumes $35.1 million of net cash proceeds are generated from the sale of Apollo.

Purchase Price Ratio Analysis – Meteor without Apollo ($ in Thousands) Notes: (1) Reflects common share equivalents underlying options as calculated using the Treasury Stock method. (2) Represents the product of Purchase Price per Share and Target Diluted Shares Outstanding. (3) Data reflects internal management estimate of Meteor financial performance without the contribution of the Apollo division and historical performance. Purchase Price per Share:18.50$ Purchase Price Premium/(Discount) to:Current stock price (09/08/06)16.36$ 13.1%Price 5 Days Ago16.1414.6%Price 30 Days Ago14.1730.6%Price 60 Days Ago14.3229.2%Price 90 Days Ago16.5411.9%Target Shares Outstanding22,687Additional Shares from Option Conversion(1)608Target Diluted Shares Outstanding23,294Equity Value(2)430,946$ Plus: Total Debt as of 06/30/0616,576Less: Cash as of 06/30/06(65,737)Less: Estimated net cash proceeds from Apollo divestiture(35,163)Enterprise Value346,622$ Meteor Financial Data (3)Enterprise Value as a Multiple of:Twelve Months Ending December 31, 2005A Revenue178,317$ 1.9xTwelve Months Ending September 30, 2006E Revenue209,9601.7xTwelve Months Ending December 31, 2006E Revenue219,9261.6xTwelve Months Ending December 31, 2005A EBITDA35,957$ 9.6xTwelve Months Ending September 30, 2006E EBITDA30,46311.4xTwelve Months Ending December 31, 2006E EBITDA30,91711.2xTwelve Months Ending December 31, 2005A EBIT31,043$ 11.2xTwelve Months Ending September 30, 2006E EBIT24,07614.4xTwelve Months Ending December 31, 2006E EBIT24,26214.3xEquity Value as a Multiple of:Twelve Months Ending December 31, 2005A Net Income26,669$ 16.2xTwelve Months Ending September 30, 2006E Net Income21,96419.6xTwelve Months Ending December 31, 2006E Net Income17,16825.1xBook Value (06/30/06)186,446$ 2.3x

Management Case – Meteor without Apollo ($ in millions) Notes: (1) Data reflects internal management estimate of Meteor financial performance without the contribution of the Apollo division and historical performance. (2) Excludes non-recurring items and one-time charges and benefits. Fiscal Year Ending December 31,2004A2005A2006E (1)2007E (1)2008E (1)2009E (1)2010E (1)Revenue$149.6$178.3$219.9$272.3$335.9$409.5$494.2Cost of goods sold75.594.6126.9149.8180.3218.0256.3Gross profit74.183.793.0122.5155.6191.6237.9Research & development6.47.410.614.417.220.825.6SG&A33.057.059.553.962.873.185.0Other operating expense6.90.90.012.512.713.113.6Total operating expenses46.265.370.280.892.7107.0124.1GAAP EBIT27.818.422.841.762.984.6113.8Interest and other income (expense)2.22.418.84.76.79.513.2EBT30.020.941.646.369.694.1127.0Income taxes 9.94.214.816.725.133.945.7GAAP Net Income$20.1$16.6$26.8$29.7$44.6$60.2$81.3Add back: Non-recurring items, net of tax$0.0$10.0($9.6)$0.0$0.0$0.0$0.0Non-GAAP Net income$20.1$26.7$17.2$29.7$44.6$60.2$81.3Non-GAAP EPS$0.88$1.15$0.74$1.28$1.92$2.60$3.50Fully Diluted Shares Outstanding23.023.123.223.223.223.223.2Non-GAAP EBITDA(2)$31.9$36.0$30.9$50.7$72.9$95.4$124.4Non-GAAP EBIT(2)$27.8$31.0$24.3$41.7$62.9$84.6$113.8Growth Analysis/Assumptions:Revenue growth 26.4%19.2%23.3%23.8%23.4%21.9%20.7%Margin Analysis/Assumptions:Gross margin49.5%47.0%42.3%45.0%46.3%46.8%48.1%R&D4.2%4.2%4.8%5.3%5.1%5.1%5.2%SG&A22.1%32.0%27.1%19.8%18.7%17.8%17.2%EBITDA margin(2)21.3%20.2%14.1%18.6%21.7%23.3%25.2%Operating margin(2)18.6%17.4%11.0%15.3%18.7%20.7%23.0%Profit margin(2)13.4%15.0%7.8%10.9%13.3%14.7%16.4%Tax Rate33.0%20.3%35.6%36.0%36.0%36.0%36.0%

Management Case – Non-GAAP Reconciliation ($ in millions) Notes: (1) Data reflects Meteor internal projections. Fiscal Year Ending December 31,2004A2005A2006E (1)2007E (1)2008E (1)2009E (1)2010E (1)GAAP EBIT27.8$ 18.4$ 22.8$ 41.7$ 62.9$ 84.6$ 113.8$ Payments related to Symbol litigation-12.61.5----Sub-total non-recurring charges-$ 12.6$ 1.5$ -$ -$ -$ -$ Non-GAAP EBIT27.8$ 31.0$ 24.3$ 41.7$ 62.9$ 84.6$ 113.8$ Interest & other income (expense)Gain on AOA sale, book basis, pre-tax--16.4----Total non-recurring charges-$ 12.6$ (15.0)$ -$ -$ -$ -$ GAAP Net Income20.1$ 16.6$ 26.8$ 29.7$ 44.6$ 60.2$ 81.3$ Non-recurring items, net of tax-10.0(9.6)----Non-GAAP Net Income20.1$ 26.7$ 17.2$ 29.7$ 44.6$ 60.2$ 81.3$

Volume Traded At Various Price Levels 3 Month 6 Month 1 Year 3 Year Source:FactSet, as of September 8, 2006. $13.44 - $14.08$14.08 - $14.72$14.72 - $15.36$15.36 - $16.00$16.00 - $16.64$16.64 - $17.28Price0.00.51.01.52.02.53.03.54.0Volume in (Millions)10.3%33.7%33.2%1.1%21.7%0.0%$13.94 - $15.94$15.94 - $17.94$17.94 - $19.94$19.94 - $21.94$21.94 - $23.94Price4.05.06.07.08.09.010.011.012.013.0Volume in (Millions)31.2%16.5%19.1%20.0%13.3%$12.38 - $16.38$16.38 - $20.38$20.38 - $24.38$24.38 - $28.38$28.38 - $32.38Price5.010.015.020.025.030.035.040.045.050.055.0Volume in (Millions)29.7%31.9%21.4%11.7%5.2%$13.11 - $15.11$15.11 - $17.11$17.11 - $19.11$19.11 - $21.11$21.11 - $23.11Price1.02.03.04.05.06.07.08.09.010.0Volume in (Millions)39.3%30.7%8.2%6.9%14.9%

Public Company Valuation Analysis – Valuation MetricsNotes: (1) Market value reflects common share equivalents underlying options and warrants as calculated using the treasury stock method. (2) Financial data underlying multiples converted to USD at an exchange rate of $1.2673. (3) Enterprise Value reflects $35 million of net proceeds from sale of Apollo. Financial data underlying multiples excludes the contribution of Apollo. Source: SEC company filings, Wall Street consensus estimates and FactSet. Current market statistics as of September 08, 2006. All financials are net of non-recurring events. Long-term securities are included in cash balances. (in thousands, except per share amounts)Enterprise Value /Market EnterpriseRevenuesEBITDALTMPrice / EPSCompanyValue(1)ValueLTMCY '06ECY '07ELTMCY '06ECY '07EEBITLTMCY '06ECY '07EDatalogic SPA (2)444,693$ 514,257$ 1.5x1.1xNA14.1xNANA16.1x20.4x29.1xNANCR Corporation6,253,7665,835,7661.0x1.0x0.9x8.7x8.6x7.6x13.5x13.2x18.0x15.2xSymbol Technologies, Inc.3,169,4092,977,8781.7x1.6x1.5x13.3x11.8x10.1x19.4x23.4x26.4x20.1xIntermec Inc.1,782,7201,559,9071.7x1.6x1.5x19.5x19.5x14.3x22.3x33.0x36.9x26.1xZebra Technologies Corp.2,376,4681,791,6212.5x2.4x2.2x10.7x11.2x10.0x11.7x21.2x21.9x19.3xMean2,805,411$ 2,535,886$1.7x1.5x1.5x13.3x12.8x10.5x16.6x22.2x26.5x20.2xMedian2,376,4681,791,6211.7x1.6x1.5x13.3x11.5x10.1x16.1x21.2x26.4x19.7xHigh 6,253,7665,835,7662.5x2.4x2.2x19.5x19.5x14.3x22.3x33.0x36.9x26.1xLow444,693514,2571.0x1.0x0.9x8.7x8.6x7.6x11.7x13.2x18.0x15.2xMgmt. Case at $18.50 per share (3)430,946$ 346,622$1.7x1.6x1.3x11.4x11.2x6.8x14.4x19.5x25.0x14.5xStreet Estimates, at $18.50(3)430,946$ 346,622$ 1.7x1.6x1.4x11.4xNANA14.4x19.5x24.5x19.0x

Public Company Valuation Analysis – Market StatisticsNotes: (1) Includes common share equivalents underlying options and warrants as calculated using the treasury stock method. (2) Enterprise Value reflects $35 million of net proceeds from sale of Apollo. Multiples exclude the contribution of Apollo. Source: SEC company filings, Wall Street consensus estimates and FactSet. Current market statistics as of September 08, 2006. Long-term securities are included in cash balances. (in thousands, except per share amounts)Price52 Week RangeSharesMarket EnterpriseCompanyTicker9/8/2006HighLowOutstanding(1)ValueValueDatalogic SPADAL IM7.01$ 9.16$ 6.53$ 63,419444,693$ 514,257$ NCR CorporationNCR34.6144.4529.09180,6926,253,7665,835,766Symbol Technologies, Inc.SBL11.8713.708.01267,0103,169,4092,977,878Intermec Inc.IN27.6638.8120.5064,4511,782,7201,559,907Zebra Technologies Corp.ZBRA33.5347.9729.2370,8762,376,4681,791,621Mgmt. Case at $18.50 per share (2)18.50$ 23,294430,946$ 346,622$ Street Estimates, at $18.50(2)18.50$ 23,294430,946$ 346,622$

Public Company Valuation Analysis – Growth AnalysisNotes: (1) Financial data converted to USD at an exchange rate of $1.2673. (2) Excludes the contribution of Apollo. Source: SEC company filings, Wall Street consensus estimates. All financials are net of non-recurring events. (in thousands, except per share amounts)RevenueEBITDAEPSLast Twelve MonthsCompanyCY '05ACY '06ECY '07ECY '05ACY '06ECY '07ECY '05ACY '06ECY '07EDatalogic SPA (1)264,368$ 484,438$ NANA39,981$ NANANA0.41$ 0.24$ NANANCR Corporation6,028,0006,115,2006,265,0702.5%657,000674,980763,76013.2%2.801.922.2818.8%Symbol Technologies, Inc.1,765,6311,819,9501,944,9706.9%168,006252,680295,56017.0%0.340.450.5931.1%Intermec Inc.875,482954,4101,026,3307.5%67,74679,880108,98036.4%0.630.751.0641.3%Zebra Technologies Corp.702,271746,690809,5408.4%169,327159,930178,63011.7%1.561.531.7413.7%Mean6.3%19.6%26.2%Median7.2%15.1%24.9%High 8.4%36.4%41.3%Low2.5%11.7%13.7%Mgmt. Case at $18.50 per share (2)178,317$ 219,926$ 272,263$ 23.8%35,957$ 30,917$ 50,714$ 64.0%1.15$ 0.74$ 1.28$ 73.0%Street Estimates, at $18.50(2)178,317$ 216,149$ 242,163$ 12.0%35,957$ NANANA1.15$ 0.75$ 0.97$ 28.7%07E/06E Growth07E/06E Growth07E/06E Growth

Public Company Valuation Analysis – Margin AnalysisNotes: (1) Financial data converted to USD at an exchange rate of $1.2673. (2) Excludes the contribution of Apollo. Source: SEC company filings, Wall Street consensus estimates. All financials are net of non-recurring events. (in thousands, except per share amounts)Last Twelve MonthsLTM Margin AnalysisCompanyGross ProfitEBITDAEBITNet IncomeGross ProfitEBITDAEBITNet IncomeDatalogic SPA (1)159,192$ 36,516$ 31,887$ 15,041$ 47.0%10.8%9.4%4.4%NCR Corporation1,741,000672,000433,000491,00028.9%11.1%7.2%8.1%Symbol Technologies, Inc.814,640223,489153,134111,19245.8%12.6%8.6%6.3%Intermec Inc.382,57279,89569,83654,04641.6%8.7%7.6%5.9%Zebra Technologies Corp.350,129167,629153,624112,91748.8%23.3%21.4%15.7%Mean42.4%13.3%10.8%8.1%Median45.8%11.1%8.6%6.3%High 48.8%23.3%21.4%15.7%Low28.9%8.7%7.2%4.4%Mgmt. Case at $18.50 per share (2)89,522$ 30,463$ 24,076$ 21,964$ 42.6%14.5%11.5%10.5%Street Estimates, at $18.50(2)89,522$ 30,463$ 24,076$ 21,964$ 42.6%14.5%11.5%10.5%

Public Company Valuation Analysis – Balance Sheet MetricsNotes: (1) Financial data converted to USD at an exchange rate of $1.2673. (2) Enterprise Value reflects $35 million of proceeds from sale of Apollo. Multiples exclude the contribution of Apollo. Source: SEC company filings. Long-term securities are included in cash balances. (in thousands, except per share amounts)Balance Sheet DataCash &TotalPref. Stock+CommonTotalTotal Debt/CompanyCash Equiv.DebtMin. InterestEquityCapitalizationTotal Cap.Datalogic SPA (1)43,642$ 113,205$ -$ 253,310$ 366,516$ 30.9%NCR Corporation747,000307,00022,0002,121,0002,450,00012.5%Symbol Technologies, Inc.258,19766,666-1,284,4311,351,0974.9%Intermec Inc.322,813100,000-518,798618,79816.2%Zebra Technologies Corp.584,847--921,069921,0690.0%Mgmt. Case at $18.50 per share (2)100,900$ 16,576$ -$ 186,446$ 203,022$ 8.2%Street Estimates, at $18.50(2)100,900$ 16,576$ -$ 186,446$ 203,022$ 8.2%

Public Company Valuation Analysis – Historic and Projected MetricsSource:Capital IQ as of September 8, 2006. (1) Historical figures for Meteor from SEC filings, including Apollo. Projected metrics reflect management projections excluding Apollo. (2) 2006 revenue growth rate excludes the contribution from Apollo for 2005 and 2006. Gross Margin20022003200420052006EDatalogic SpA21.5%19.3%17.9%48.9%NANCR Corp.28.4%27.4%27.0%28.7%NASymbol Technologies Inc.36.6%44.4%47.1%44.8%NAIntermec Inc.45.1%41.0%42.6%41.4%NAZebra Technologies Corp.48.5%50.9%51.8%50.4%NAMean36.0%36.6%37.3%42.9%NAMeteor (1)35.8%42.3%45.9%43.2%42.3%

Public Company Valuation Analysis – Historic and Projected MetricsSource:Capital IQ as of September 8, 2006. (1) Historical figures for Meteor from SEC filings, including Apollo. Projected metrics reflect management projections excluding Apollo. Operating Margin20022003200420052006EDatalogic SpA8.3%8.1%9.7%11.9%NANCR Corp.3.4%2.3%3.9%6.8%7.5%Symbol Technologies Inc.2.5%6.6%8.4%5.5%9.8%Intermec Inc.11.6%6.3%8.1%6.6%7.5%Zebra Technologies Corp.22.1%24.5%26.7%22.2%19.5%Mean9.6%9.5%11.4%10.6%11.1%Meteor (1)5.4%14.6%17.8%15.9%11.0%EBITDA Margin20022003200420052006EDatalogic SpA14.6%12.9%12.3%15.1%NANCR Corp.9.3%7.9%8.5%10.9%11.0%Symbol Technologies Inc.7.4%11.1%12.9%9.5%13.9%Intermec Inc.14.0%8.3%9.5%7.7%8.4%Zebra Technologies Corp.24.7%26.6%28.6%24.1%21.4%Mean14.0%13.4%14.3%13.5%13.7%Meteor (1)8.3%17.3%20.5%19.3%14.1%

Selected Display, Vision and Imaging M&A Transactions Analysis Notes: (1) Enterprise Value assumed equal to Equity Value where Target Company’s balance sheet is not available. (2) Not included for the purpose of calculating summary statistics (3) Target revenue provided by Metrologic Instruments in segmented sales analysis. (4) Target revenue provided by 2002 press release. (5) Enterprise Value reflects estimated $35.1 million of net cash proceeds from sale of Apollo. ($ in millions) Transactions Valued between $10M - $500M Closed January 1, 2000 to present Annc.CloseEquityEnterpriseEnterprise Value / LTMEquity Value /DateDateAcquirorTargetTarget BusinessValueValueSalesEBITDAEBITLTM Net Inc.Book Value11/07/0501/27/06SingulusRAG AGManufactures systems solutions for producers$ 12.1 $ 19.5 $ 163.7 $ 3.3 $ (8.2)$ (27.7)$ 73.3 Technologies SAof optical storage media0.1x5.9xNMNM0.2x10/24/0512/01/05Datalogic SpAPSC Group LLCProvides information tech. services and195.0 195.0 (1) 228.0 21.6 11.3 2.4 NA manufactures fixed position bar code scanners0.9x9.0x17.3x81.3x(2) NA05/09/0505/09/05Cognex Corp.DVT Corp.Dvlps general purpose machine vision systems115.0 110.8 29.3 6.9 6.1 4.1 13.7 and smart camera products3.8x16.1x18.2x28.0x8.4x03/23/0505/02/05Axsys Technologies, Diversified Optical Manufactures thermal surveillance camera 62.4 60.0 (1) 22.0 3.7 2.7 2.5 7.3 Inc.Products, Inc.systems and lenses2.7x16.2x22.2x25.0x8.5x02/03/0503/01/05Datalogic SpAInformatics, Ltd.Manufactures and markets bar coding 26.2 26.2 (1) 34.0 NA NA NA NA products0.8xNANANANA02/14/0502/14/05Cypress Semiconductor Corp.SMal Camera Designs and manufactures digital cameras 42.5 63.2 9.9 (6.8)(7.6)(7.6)(18.2)Technologies, Inc.and provides digital imaging solutions6.4xNMNMNMNM09/27/0409/27/04Metrologic Instruments, Inc.Omniplanar, Inc.(3)Develops sensors and computer hardware 13.0 13.0 (1) 2.6 NA NA NANA NA Instruments, Inc.and software technology for bar code reading5.0xNANANANA10/16/0311/21/03Danaher CorporationAccu-Sort Systems, Manufacture and marketing of fixed position 63.0 63.0 (1) 90.0 NA NA NA NA Inc.industrial bar code scanners0.7xNANANANA11/21/0201/02/03Danaher Corp.Willett International LtdMfr industrial coding, labeling, and bar code products83.0 110.0 110.0 NA NA NA NA 1.0xNANANANA11/23/0211/23/02Littlejohn & Co.PSC Group LLC(4)Provides information tech. services and144.0 144.0 (1) 169.0 NA NA NM NA Instruments, Inc.manufactures fixed position bar code scanners0.9xNANANMNA12/22/0001/08/01Metrologic Adaptive Optics Provides high speed industrial scanning19.0 19.0 (1) 20.0 NA NA NM NA Instruments, Inc.Associates Inc.(3)1.0xNANANMNA03/21/0004/03/00Zebra Technologies Comtec Information Systems Inc.Dvlp data processing, automatic identification88.7 88.4 57.7 10.7 9.9 9.6 19.0 Corp.and printing systems1.5x8.3x8.9x9.2x4.7xHigh$ 230.0 $ 268.0 6.4x16.2x22.2x28.0x8.5xMean72.0 76.0 2.1x11.1x16.6x20.7x5.4xMedian62.7 63.1 1.0x9.0x17.7x25.0x6.5xLow12.1 13.0 0.1x5.9x8.9x9.2x0.2xMgmt. Case at $18.50 per share(5)430.9$ 346.6$ $ 210.0 $ 30.5 $ 24.1 $ 22.0 $ 186.4 1.7x11.4x14.4x19.6x2.3x

Premiums Paid Analysis(1)Source: Factset, Mergerstat September 8, 2006. (1) Limited to transactions involving 100% ownership acquired. Selected Acquisitions of Public Technology and Technology-Enabled Services Companies Transactions Valued between $100M - $1,000M (Closed September 8, 2005 – Present) ClosePremiumPremiumPremiumPremiumPremiumDateAcquirorTargetTarget Business Description1 Day5 Day30 Day60 Day90 Day8/29/2006Viisage Technology, Inc.Identix, Inc.Designs and manufactures bio-metric scanning systems45%61%70%87%74%8/4/2006Telepacific Communications CorpMpower Holding Corp.Provides telecommunications and Internet services3%15%31%56%59%8/3/2006Assa Abloy ABFargo Electronics, Inc.Manufactures desktops and other computer equipment57%55%53%35%26%8/2/2006Extensity, Inc.Systems Union Group PLCDevelops computer software solutions5%14%7%22%24%7/12/2006Apollo Management LPSOURCECORP, Inc.Provides document managing services, including micro-graphic and electronic imaging-3%-3%-6%-4%14%7/7/2006Applied Materials, Inc.Applied Films Corp.Supplies thin film coated glass for liquid crystal displays24%36%46%36%36%7/6/2006JDA Software Group, Inc.Manugistics Group, Inc.Dvlp software products for synchronized SCM4%9%13%21%37%7/5/2006AttachmateWRQ, Inc.NetIQ Corp.Pvd e-business infrastructure mgmt software for Windows NT and Windows 2000 based systems14%8%10%-7%0%7/5/2006X-Rite, Inc.Amazys Holding AGDvlp color management solutions, including instrumentation, software and services34%42%45%45%41%7/3/2006Oracle Corp.Portal Software, Inc.Provides billing and revenue management solutions for communications and media companies17%16%46%105%115%7/1/2006Sprint Nextel Corp.UbiquiTel, Inc.Provides Sprint PCS digital communications services2%2%8%2%5%6/21/2006Micron Technology, Inc.Lexar Media, Inc.Dvlp digital film and connectivity products for the digital photography market19%19%3%1%6%6/7/2006General Electric Co.SBS Technologies, Inc.Designs and builds open architecture embedded computer products55%56%47%69%64%6/6/2006HG Investment Managers Ltd.Visma ASADevelops and publishes management software8%9%31%39%41%5/15/2006NBC Universal, Inc.iVillage, Inc.Provides services such as e-mail, message boards, and chat rooms7%1%8%0%15%5/11/2006Dassault Systemes SAMatrixOne, Inc.Develops collaborative product lifecycle management software solutions21%26%39%39%44%5/4/2006Tudor Investment Corp. / Prides Capital / Belfer MgmtPegasus Solutions, Inc.Provides transaction processing and electronic commerce services to the hotel industry15%20%13%6%-11%4/28/2006Microsemi Corp.Advanced Power Technology, Inc.Manufactures and markets high power, high voltage, high performance semiconductors28%31%63%64%71%4/25/2006Lawson Software, Inc.Intentia International ABDevelops e-business solutions38%47%57%16%13%

Premiums Paid Analysis(1)Source: Factset, Mergerstat September 8, 2006. (1) Limited to transactions involving 100% ownership acquired. Selected Acquisitions of Public Technology and Technology-Enabled Services Companies Transactions Valued between $100M - $1,000M (Closed September 8, 2005 – Present) ClosePremiumPremiumPremiumPremiumPremiumDateAcquirorTargetTarget Business Description1 Day5 Day30 Day60 Day90 Day4/21/2006Commander Communications Ltd.Volante Group Ltd.Provides information technology services15%17%4%-29%-32%4/6/2006West Corp.Evoke Comms., Inc.Provides web and telephone conferencing services32%32%35%26%22%4/4/2006West Corp.Intrado, Inc.Provides operations support systems services to local exchange and wireless carriers13%14%16%39%58%3/31/2006Infor Global Solutions, Inc.Datastream Systems, Inc.Provides prepackaged software services17%24%23%23%42%3/30/2006SES Global SANew Skies SatellitesOperates as holding company with interest in satellite communications-4%-3%0%4%13%3/14/2006Golden Gate CapitalGEAC Computer Corp. Ltd.Provides software solutions27%25%18%10%27%3/10/2006Liberty Media Corp.Fun Technologies PLCDevelops gaming and exchange betting software28%34%51%26%33%3/10/2006Silver Lake PartnersSERENA Software, Inc.Provides enterprise software change management solutions1%7%20%33%25%3/3/2006Global Healthcare Exchange LLCNeoforma, Inc.Provides e-commerce services to healthcare industry12%18%32%47%46%3/1/2006Gores Group / Tennenbaum CapitalEnterasys Networks, Inc.Dvlp standards based LAN and WAN connectivity hardware and software products32%30%31%51%98%2/15/2006International Business Machines Corp.Micromuse, Inc.Provides business assurance software solutions39%31%27%36%69%2/15/2006Electronic Arts, Inc.JAMDAT Mobile, Inc.Develops wireless gaming software for mobile devices21%14%45%10%-6%2/15/2006Rudolph Technologies, Inc.August Technology Corp.Pvd critical process enhancing information to microelectronic device manufacturers35%15%11%30%12%2/13/2006Videsh Sanchar Nigam Ltd.Teleglobe Int'l Holdings Ltd.Provides telephone and other telecommunications services22%34%80%45%16%2/10/2006Nokia OyjIntellisync Corp.Develops and provides mobile application software products and related services-5%1%14%41%97%2/10/2006Investcorp Bank BSCCCC Information Services GroupSupplies advanced software and communications systems to the automotive claims industry4%4%15%13%12%2/9/2006Liberty Media Corp.Provide Commerce, Inc.Provides online shopping services for perishable goods12%17%48%30%37%1/12/2006Secure Computing Corp.CyberGuard Corp.Develops software and manufactures hardware for real-time computers12%13%45%37%18%1/10/2006Symantec Corp.BindView DevelopmentProvides security management software solutions14%14%31%46%27%

Premiums Paid Analysis(1) Source: Factset, Mergerstat September 8, 2006. (1) Limited to transactions involving 100% ownership acquired. Selected Acquisitions of Public Technology and Technology-Enabled Services Companies Transactions Valued between $100M - $1,000M (Closed September 8, 2005 – Present) ClosePremiumPremiumPremiumPremiumPremiumDateAcquirorTargetTarget Business Description1 Day5 Day30 Day60 Day90 Day1/6/2006Per-Se Technologies, Inc.NDCHealth Corp.Provides transaction processing services and application systems10%8%7%18%22%12/30/2005EMC Corp.Captiva Software Corp.Provides management solutions25%32%11%37%52%12/29/2005Autonomy Corp. PLCVerity, Inc.Provides business search and process management software30%35%27%39%51%12/19/2005Hewlett-Packard Co.Peregrine Systems, Inc.Dvlp integrated suite of applications that automate the management of complex infrastructures37%35%35%14%17%11/23/2005The Carlyle Group LLCSS&C Technologies, Inc.Develops investment and financial management software13%11%24%39%61%11/14/2005Access Co., Ltd.PalmSource, Inc.Develops and licenses platform software83%76%137%95%103%11/11/2005Elisa OyjSaunalahti Group OyjProvides Internet services10%10%13%32%7%11/4/2005Vector Capital LLCRegister.com, Inc.Provides Internet domain registration services2%1%8%38%33%10/27/2005Brooks Automation, Inc.Helix Technology Corp.Makes cryogenic and vacuum equipment used by makers of semiconductors25%33%27%49%13%10/25/2005Harris Corp.Leitch Technology Corp.Dvlp broadcast TV products, video servers, and telecommunications products40%41%39%27%62%10/24/2005EAS Group, Inc.Brooktrout, Inc.Manufactures, designs and markets computer hardware and software products38%39%17%32%36%10/21/2005BEA Systems, Inc.Plumtree Software, Inc.Develops, markets and sells corporate portal software and related services18%28%24%25%25%10/3/2005Schneider Electric SABEI Technologies, Inc.Manufactures electronic sensors and engineered subsystems20%15%28%53%43%9/30/2005The News Corp. Ltd.Intermix Media, Inc.Provides internet marketing and entertainment services12%24%91%135%43%9/29/2005Cerberus Capital Management LPEpiphany, Inc.Develops customer relationship software8%11%20%30%19%9/23/2005Concerto Software, Inc.Aspect CommunicationsProvides enterprise communication solutions and services4%8%32%18%9%9/16/2005ScanSoft, Inc.Nuance CommunicationsDvlp a voice interface platform software enabling Internet access from a telephone28%39%57%27%36%Mean20%23%31%34%35%Median17%18%27%32%33%Mgmt. Case at $18.50 per share13%15%31%29%12%

Free Cash Flow Analysis – Management Forecasts, Meteor without Apollo ($ in millions) Notes: (1) Data reflects Meteor internal projections. (2) Excludes non-recurring items and one-time charges and benefits. Fiscal Year Ending December 31,2004A2005A2006E (1)2007E (1)2008E (1)2009E (1)2010E (1)Revenue$149.6$178.3$219.9$272.3$335.9$409.5$494.2Cost of goods sold75.594.6126.9149.8180.3218.0256.3Gross profit74.183.793.0122.5155.6191.6237.9Research & development6.47.410.614.417.220.825.6Sales, General & Administrative33.057.059.553.962.873.185.0Other operating expense6.90.90.012.512.713.113.6Total operating expenses46.265.370.280.892.7107.0124.1GAAP EBIT27.818.422.841.762.984.6113.8Interest and other income (expense)2.22.418.84.76.79.513.2EBT30.020.941.646.369.694.1127.0Income taxes 9.94.214.816.725.133.945.7GAAP Net Income$20.1$16.6$26.8$29.7$44.6$60.2$81.3Add back: Non-recurring items, net of tax$0.0$10.0($9.6)$0.0$0.0$0.0$0.0Non-GAAP Net income$20.1$26.7$17.2$29.7$44.6$60.2$81.3Non-GAAP EPS$0.88$1.15$0.74$1.28$1.92$2.60$3.50Fully Diluted Shares Outstanding23.023.123.223.223.223.223.2Non-GAAP EBITDA(2)$31.9$36.0$30.9$50.7$72.9$95.4$124.4Non-GAAP EBIT(2)$27.8$31.0$24.3$41.7$62.9$84.6$113.8Free Cash Flow:Non-GAAP EBIT27.831.024.341.762.984.6113.8Amortization (1)1.32.23.33.53.42.81.1EBITA29.233.227.645.266.387.4114.9Net taxes (36.0%)(10.5)(12.0)(9.9)(16.3)(23.9)(31.5)(41.4)Tax affected EBITA18.721.317.728.942.455.973.5Plus: depreciation (1)2.72.73.35.66.68.09.5Less: capital expenditures (1)4.04.97.317.515.018.417.3Less: working capital requirements (1)(0.4)5.89.5(2.4)7.78.812.5Unlevered free cash flow17.813.34.219.326.436.753.2

Discounted Cash Flow – Management Forecasts, Meteor without Apollo ($ in millions) Notes: (1) Terminal Value is based on a multiple of FY2010E EBITDA of $124.4 million. (2) Net Cash as of June 30, 2006, assuming $35.1 million net cash proceeds from the sale of Apollo. Source: Meteor management Discount Rate10.0%12.5%15.0%17.5%20.0%PV of Free Cash Flows (2007 to 2010)103.3$ 97.0$ 91.3$ 86.1$ 81.3$ Discount RatePlus: Present Value of Terminal Value10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x679.7621.2569.0522.1479.99.0x764.6698.9640.1587.3539.910.0x849.6776.6711.2652.6599.9Discount RateEquals: Enterprise Value10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x783.0718.3660.3608.2561.29.0x867.9795.9731.4673.4621.210.0x952.9873.6802.5738.7681.2Plus: Net Cash (2)84.3$ 84.3$ 84.3$ 84.3$ 84.3$ Discount RateEquals: Equity Value10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x867.3802.6744.6692.5645.69.0x952.3880.3815.7757.8705.510.0x1,037.2957.9886.8823.0765.5Divided by: Fully Diluted Shares Outstanding23.323.323.323.323.3Discount RateEquals: Equity Value Per Share10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x37.26$ 34.48$ 31.99$ 29.75$ 27.74$ 9.0x40.9137.8235.0532.5630.3110.0x44.5641.1638.1035.3632.89

Management Case – Meteor without Apollo ($ in millions) Notes: (1) Data reflects internal management estimate of Meteor financial performance without the contribution of the Apollo division and historical performance. (2) Excludes non-recurring items and one-time charges and benefits. Fiscal Year Ended December 31, 2005(1) Fiscal Year Ending December 31, 2006(1) Revenue Q1 05A Q2 05A Q3 05A Q4 05A Q1 06A Q2 06A Q3 06E Q4 06E $39.5 $40.9 $45.9 $52.0 $52.0 $52.9 $53.0 $62.0 Cost of goods sold Gross profit 20.7 21.3 24.1 28.6 30.7 30.2 31.0 35.1 18.8 19.7 21.8 23.5 21.3 22.7 22.0 26.9 Research & development 1.7 2.0 2.0 1.7 2.2 2.4 2.9 3.1 SG&A 10.6 11.2 10.6 24.6 13.7 14.9 16.1 14.8 Other operating expense Total operating expenses 0.0 0.1 0.0 0.8 0.0 0.0 0.0 0.0 12.3 13.2 12.6 27.1 16.0 17.3 19.1 17.8 GAAP EBIT 6.4 6.4 9.3 (3.7) 5.4 5.4 2.9 9.1 Interest and other income (expense) EBT (0.5) 0.2 2.3 0.5 0.4 0.6 0.5 17.3 5.9 6.6 11.5 (3.2) 5.8 6.0 3.4 26.4 Income taxes 2.0 2.5 4.1 (4.3) 2.0 2.1 1.2 9.4 GAAP Net Income $3.9 $4.2 $7.4 $1.2 $3.7 $3.9 $2.2 $17.0 Add back: Non-recurring items, net of tax $0.0 $0.0 $0.0 $10.0 $0.5 $0.4 $0.0 ($10.5) Non-GAAP Net income $3.9 $4.2 $7.4 $11.2 $4.3 $4.3 $2.2 $6.4 Non-GAAP EPS $0.17 $0.18 $0.32 $0.48 $0.18 $0.19 $0.09 $0.28 Fully Diluted Shares Outstanding 23.1 23.1 23.1 23.2 23.2 23.2 23.2 23.2 Non-GAAP EBITDA(2) $7.3 $7.3 $10.8 $10.5 $7.7 $7.6 $4.7 $11.0 Non-GAAP EBIT(2) $6.4 $6.4 $9.3 $8.9 $6.2 $6.1 $2.9 $9.1 Margin Analysis/Assumptions: Gross margin 47.6% 48.0% 47.5% 45.1% 41.0% 43.0% 41.5% 43.5% R&D 4.4% 4.9% 4.4% 3.2% 4.3% 4.6% 5.5% 4.9% SG&A 26.8% 27.3% 23.0% 47.4% 26.4% 28.1% 30.4% 23.8% EBITDA margin(2) 18.6% 17.9% 23.5% 20.2% 14.7% 14.3% 8.9% 17.7% Operating margin(2) 16.3% 15.7% 20.2% 17.1% 11.8% 11.4% 5.5% 14.7% Profit margin(2) 9.9% 10.2% 16.1% 21.5% 8.2% 8.2% 4.1% 10.4%

Wall Street Consensus Estimates ($ in thousands) Notes: (1) Source: Institutional Brokers' Estimate System (I/B/E/S) (2) Represents the arithmetic mean of the Analyst Estimates shown for that period Analyst Estimates(1)Consensus Estimates(2)Published DateQ3 FY 06EQ4 FY 06EFY 07EQ3 FY 06EQ4 FY 06EFY 07ERevenueDougherty & Company07/29/0663,010$ 64,231$ 288,006$ Needham & Company07/29/0661,50066,000280,500Raymond James & Associates07/29/0659,74068,130285,42061,832$ 67,234$ 284,863$ Weeden & Company09/01/0661,74070,940281,570William Blair & Company05/12/0663,17166,867288,820EBITDougherty & Company07/29/066,819$ 6,113$ 33,619$ Needham & Company07/29/066,3388,33234,057Raymond James & Associates07/29/067,6509,33037,2207,196$ 8,634$ 37,057$ Weeden & Company09/01/068,10010,70041,100William Blair & Company05/12/067,0758,69339,291Net IncomeDougherty & Company07/29/064,781$ 4,342$ 23,290$ Needham & Company07/29/064,3445,62023,016Raymond James & Associates07/29/065,1706,30025,4904,903$ 5,823$ 25,051$ Weeden & Company09/01/065,5007,10027,600William Blair & Company05/12/064,7205,75525,859

Wall Street Consensus Estimates without Apollo Contribution(1) Notes: Source: Institutional Brokers' Estimate System (I/B/E/S) (1) Wall Street Consensus estimates without Apollo represents Wall Street consensus estimates for Meteor, with Apollo's management forecasts deducted. Less: Equals: ($ in thousands) Wall Street Consensus - Without ApolloQ3 FY06EQ4 FY06EFY07E53,845$ 57,416$ 242,163$6,9226,12232,7844,7274,21622,538Wall Street Consensus EstimatesMgmt Forecast - ApolloQ3 FY06EQ4 FY06EFY07ERevenue61,832$ 67,234$ 284,863$EBIT7,1968,63437,057Net Income4,9035,82325,051Mgmt Forecast - ApolloWall Street Consensus - Without ApolloQ3 FY06EQ4 FY06EFY07E7,987$ 9,818$ 42,700$ 2742,5124,2741761,6082,513

Management Case Versus Wall Street Consensus Estimates Notes: Source: Institutional Brokers' Estimate System (IBES), Meteor management forecasts (1) Wall Street Consensus estimates without Apollo represents Wall Street consensus estimates for Meteor, with Apollo's management forecasts deducted. (2) Represents the amount by which Wall St. Estimates without Apollo are in excess or deficit to Management Forecast Without Apollo for the same period. ($ in thousands) (2) Mgmt Forecast - Without ApolloWall St. Estimates Without Apollo(1)Diff. Between Mgmt. and Street, $Diff. Between Mgmt. and Street, %Q3 FY06EQ4 FY06EFY07EQ3 FY06EQ4 FY06EFY07EQ3 FY06EQ4 FY06EFY07ERevenue53,047$ 61,991$ 272,263$53,845$ 57,416$ 242,163$(798)$ 4,575$ 30,100$ EBIT2,9449,10541,6906,9226,12232,784(3,978)2,9848,907Net Income2,1736,43629,6584,7274,21622,538(2,554)2,2207,120

Free Cash Flow Analysis – 10% Growth Sensitivity Case ($ in millions) Notes: (1) Data reflects internal management estimate of Meteor financial performance without the contribution of the Apollo division and historical performance. (2) Sensitivity case based on 10% growth rate with expense ratios equal to management estimates for FY2006E. (3) Assumes 10% long-term revenue growth for FY2007E-FY2010E. (4) Assumes operating expenses are held constant as a % of sales for FY2007E-FY2010E, based on FY2006E levels. (5) Assumed Meteor earns 4.0% interest on cash for FY2007E-FY2010E (6) Assumes Meteor is taxed at 36% for FY2007E-FY2010E, based on guidance from Meteor management. (7) Excludes non-recurring items and one-time charges Fiscal Year Ending December 31,2004A2005A2006E (1)2007E (2)2008E (2)2009E (2)2010E (2)Revenue(3)$149.6$178.3$219.9$241.9$266.1$292.7$322.0Cost of goods sold75.594.6126.9139.6153.6168.9185.8Gross profit74.183.793.0102.3112.5123.8136.2Research & development(4)6.47.410.611.712.914.215.6Sales, General & Administrative(4)33.057.059.563.970.277.385.0Other operating expense(4)6.90.90.00.00.00.00.0Total operating expenses46.265.370.275.683.191.4100.6GAAP EBIT27.818.422.826.729.432.335.6Interest and other income (expense)(5)2.22.418.83.53.84.14.4EBT30.020.941.630.333.236.440.0Income taxes(6)9.94.214.810.911.913.114.4GAAP Net Income$20.1$16.6$26.8$19.4$21.2$23.3$25.6Add back: Non-recurring items, net of tax$0.0$10.0($9.6)$0.0$0.0$0.0$0.0Non-GAAP Net income$20.1$26.7$17.2$19.4$21.2$23.3$25.6Non-GAAP EPS$0.88$1.15$0.74$0.83$0.92$1.00$1.10Fully Diluted Shares Outstanding23.023.123.223.223.223.223.2Non-GAAP EBITDA(7)$31.9$36.0$30.9$35.7$39.4$43.1$46.2Non-GAAP EBIT(7)$27.8$31.0$24.3$26.7$29.4$32.3$35.6Free Cash Flow:Non-GAAP EBIT27.831.024.326.729.432.335.6Amortization (1)1.32.23.33.53.42.81.1EBITA29.233.227.630.232.835.236.7Net taxes (36.0%)(9.6)(6.8)(9.9)(10.9)(11.8)(12.7)(13.2)Tax affected EBITA19.526.517.719.321.022.523.5Plus: depreciation (1)2.72.73.35.66.68.09.5Less: capital expenditures (1)4.04.97.38.08.89.710.7Less: working capital requirements (1)(0.4)5.89.510.511.512.713.9Unlevered free cash flow18.618.54.26.47.28.18.3

Management Case – 10% Growth Sensitivity Case ($ in millions) Notes: (1) Data reflects internal management estimate of Meteor financial performance without the contribution of the Apollo division and historical performance. (2) Sensitivity case based on 10% growth rate with expense ratios equal to management estimates for FY2006E. (3) Assumes 10% long-term revenue growth for FY2007E-FY2010E. (4) Assumes operating expenses are held constant as a % of sales for FY2007E-FY2010E, based on FY2006E levels. (5) Assumed Meteor earns 4.0% interest on cash for FY2007E-FY2010E (6) Assumes Meteor is taxed at 36% for FY2007E-FY2010E, based on guidance from Meteor management. (7) Excludes non-recurring items and one-time charges Fiscal Year Ending December 31,2004A2005A2006E (1)2007E (2)2008E (2)2009E (2)2010E (2)Revenue(3)$149.6$178.3$219.9$241.9$266.1$292.7$322.0Cost of goods sold75.594.6126.9139.6153.6168.9185.8Gross profit74.183.793.0102.3112.5123.8136.2Research & development(4)6.47.410.611.712.914.215.6Sales, General & Administrative(4)33.057.059.563.970.277.385.0Other operating expense(4)6.90.90.00.00.00.00.0Total operating expenses46.265.370.275.683.191.4100.6GAAP EBIT27.818.422.826.729.432.335.6Interest and other income (expense)(5)2.22.418.83.53.84.14.4EBT30.020.941.630.333.236.440.0Income taxes(6)9.94.214.810.911.913.114.4GAAP Net Income$20.1$16.6$26.8$19.4$21.2$23.3$25.6Add back: Non-recurring items, net of tax$0.0$10.0($9.6)$0.0$0.0$0.0$0.0Non-GAAP Net income$20.1$26.7$17.2$19.4$21.2$23.3$25.6Non-GAAP EPS$0.88$1.15$0.74$0.83$0.92$1.00$1.10Fully Diluted Shares Outstanding23.023.123.223.223.223.223.2Non-GAAP EBITDA(7)$31.9$36.0$30.9$35.7$39.4$43.1$46.2Non-GAAP EBIT(7)$27.8$31.0$24.3$26.7$29.4$32.3$35.6Growth Analysis/Assumptions:Revenue growth 26.4%19.2%23.3%10.0%10.0%10.0%10.0%Margin Analysis/Assumptions:Gross margin49.5%47.0%42.3%42.3%42.3%42.3%42.3%R&D4.2%4.2%4.8%4.8%4.8%4.8%4.8%SG&A22.1%32.0%27.1%26.4%26.4%26.4%26.4%EBITDA margin(2)21.3%20.2%14.1%14.8%14.8%14.7%14.3%Operating margin(2)18.6%17.4%11.0%11.0%11.0%11.0%11.0%Profit margin(2)13.4%15.0%7.8%8.0%8.0%8.0%7.9%Tax Rate33.0%20.3%36.0%36.0%36.0%36.0%36.0%

Discounted Cash Flow – 10% Growth Sensitivity Case ($ in millions) Notes: (1) Terminal Value is based on a multiple of FY2010E EBITDA of $46.2 million. (2) Net Cash as of June 30, 2006, assuming $35.1 million net cash proceeds from the sale of AOA. Sensitivity case based on 10% growth rate with expense ratios equal to management estimates for FY2006E. Discount Rate10.0%12.5%15.0%17.5%20.0%PV of Free Cash Flows (2007 to 2010)23.5$ 22.2$ 21.1$ 20.0$ 19.0$ Discount RatePlus: Present Value of Terminal Value10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x252.2230.5211.1193.7178.19.0x283.7259.3237.5217.9200.310.0x315.2288.1263.9242.1222.6Discount RateEquals: Enterprise Value10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x275.7252.7232.2213.7197.19.0x307.2281.5258.5237.9219.310.0x338.7310.4284.9262.1241.6Plus: Net Cash (2)84.3$ 84.3$ 84.3$ 84.3$ 84.3$ Discount RateEquals: Equity Value10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x360.0337.1316.5298.0281.49.0x391.5365.9342.9322.2303.610.0x423.1394.7369.3346.4325.9Divided by: Fully Diluted Shares Outstanding23.323.323.323.323.3Discount RateEquals: Equity Value Per Share10.0%12.5%15.0%17.5%20.0%Based on Multiple of 2010E EBITDA (1):8.0x15.47$ 14.48$ 13.60$ 12.80$ 12.09$ 9.0x16.8215.7214.7313.8413.0510.0x18.1816.9615.8714.8814.00

Discounted Cash Flow – Sensitivity Analysis ($ in millions) Notes: (1) Assumes FY2007E-FY2010E free cash flows and terminal value are discounted at 15.0% discount rate. (2) Terminal Value is based on a multiple of FY2010E EBITDA of $46.2 million. (3) Net Cash as of June 30, 2006, assuming $35.1 million net cash proceeds from the sale of Apollo. Assumed Long-Term Revenue Growth Rate Assumed Long-Term Revenue Growth Rate Assumed Long-Term Revenue Growth Rate Implied Enterprise Value(1)Assumed Multiple of 2010 EBITDA(2)7.0x8.0x9.0x10.0x11.0x17.5%291.2$ 323.7$ 356.3$ 388.8$ 421.3$ 15.0%270.3300.6331.0361.3391.712.5%250.6278.9307.2335.5363.810.0%232.2258.5284.9311.3337.77.5%214.8239.4264.0288.6313.25.0%198.6221.5244.5267.4290.42.5%183.4204.8226.2247.6269.00.0%169.3189.2209.1229.1249.0Plus: Net Cash (3)84.3$ 84.3$ 84.3$ 84.3$ 84.3$ Equals: Equity ValueAssumed Multiple of 2010 EBITDA(2)7.0x8.0x9.0x10.0x11.0x17.5%375.5$ 408.1$ 440.6$ 473.1$ 505.6$ 15.0%354.6385.0415.3445.7476.012.5%335.0363.3391.6419.9448.210.0%316.5342.9369.3395.6422.07.5%299.2323.8348.4373.0397.65.0%282.9305.9328.8351.7374.72.5%267.8289.1310.5331.9353.30.0%253.6273.5293.5313.4333.3Divided by: Fully Diluted Shares OutstandingEquity Value per ShareAssumed Multiple of 2010 EBITDA(2)7.0x8.0x9.0x10.0x11.0x17.5%16.13$ 17.53$ 18.93$ 20.33$ 21.73$ 15.0%15.2416.5417.8419.1520.4512.5%14.3915.6116.8218.0419.2610.0%13.6014.7315.8717.0018.137.5%12.8513.9114.9716.0217.085.0%12.1613.1414.1315.1116.102.5%11.5012.4213.3414.2615.180.0%10.9011.7512.6113.4714.32