<SEC-DOCUMENT>0000950138-11-000418.txt : 20110722
<SEC-HEADER>0000950138-11-000418.hdr.sgml : 20110722
<ACCEPTANCE-DATETIME>20110721181728
ACCESSION NUMBER:		0000950138-11-000418
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20110721
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110722
DATE AS OF CHANGE:		20110721

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRAVELZOO INC
		CENTRAL INDEX KEY:			0001133311
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				364415727
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50171
		FILM NUMBER:		11980824

	BUSINESS ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		STREET 2:		37TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2124844900

	MAIL ADDRESS:	
		STREET 1:		590 MADISON AVENUE
		STREET 2:		37TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k07212011.htm
<DESCRIPTION>FORM 8-K
<TEXT>

<HTML>
<HEAD>
   <TITLE>k07212011.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">


<A name="page_1"></A>
<a name="_bclPageBorder1"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader1"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<DIV align=center>
<TABLE style="WIDTH: 547.199pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="22%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="46%">
<P style="TEXT-ALIGN: center; MARGIN: 0.05pt 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549<BR>
<BR>
_______________<BR>
<BR>
FORM 8-K<BR>
<BR>
CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the<BR>
Securities Exchange Act of 1934<BR>
<BR>
</FONT></B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Date of Report (Date of earliest event<BR>
reported): July 21, 2011<BR>
<BR>
<BR>
</FONT><B><FONT style="FONT-SIZE: 18pt" face="Times New Roman">Travelzoo Inc.<BR>
</FONT></B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">-------------------------------------------------<BR>
(Exact Name of Registrant as Specified in its Charter)</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="32%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 0.05pt; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 475.2pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5.4pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Delaware<BR>
---------------------------<BR>
(State or Other<BR>
Jurisdiction of<BR>
Incorporation)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5.4pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">000-50171<BR>
-------------------<BR>
(Commission<BR>
File Number)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5.4pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">36-4415727<BR>
---------------------------<BR>
(I.R.S. Employer<BR>
Identification Number)</FONT></P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 0.05pt; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<DIV align=center>
<TABLE style="WIDTH: 464.399pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5.4pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">590 Madison Avenue, 37th Floor<BR>
New York, New York<BR>
----------------------------------------------------<BR>
(Address of Principal Executive Offices)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5.4pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">10022<BR>
------------------<BR>
(Zip Code)</FONT></P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0.05pt 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Registrant&#146;s telephone number, including area code:</FONT></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0.05pt 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(212) 484-4900<BR>
------------------------------------------</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">see</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> General Instruction A.2. below):</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Wingdings>o</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Wingdings>o</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Wingdings>o</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Wingdings>o</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<a name="_bclFooter1"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_2"></A>
<a name="_bclPageBorder2"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader2"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 8.5pt 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Item 2.02.&nbsp; Results of Operations and Financial Condition.</FONT></B></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On July 21, 2011, the Company reported its&nbsp;second quarter 2011 financial results.&nbsp; A copy of the Company&#146;s press release containing this information is being furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference.</FONT></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 5pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The information furnished pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed &#147;filed&#148; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.</FONT></P>
<P style="MARGIN: 5pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Item 9.01.&nbsp; Financial Statements and Exhibits.</FONT></B></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits.&nbsp; See Exhibit Index.</FONT></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<a name="_bclFooter2"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_3"></A>
<a name="_bclPageBorder3"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader3"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 8.5pt 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SIGNATURES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0.05pt 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</FONT></P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 0.05pt; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 391.799pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="57%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="43%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">TRAVELZOO INC.</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="57%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="43%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="57%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="43%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="57%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">&nbsp;Date: July 21, 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="43%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 547.199pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="9%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">By:</FONT></P>
</TD>
     <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="46%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">/s/&nbsp; Glen Ceremony&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="9%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="46%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Glen Ceremony</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Chief Financial Officer</FONT></P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<a name="_bclFooter3"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_4"></A>
<a name="_bclPageBorder4"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader4"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV>
<P style="MARGIN: 0.05pt 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">INDEX TO EXHIBITS</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 502.15pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Exhibit No.</FONT></B></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="84%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Description</FONT></B></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">99.1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="84%">
<P style="MARGIN: 0in 0in 0pt 5.4pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Press Release dated&nbsp;July 21, 2011.</FONT></P>
</TD></TR></TABLE></DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="MARGIN: 8.5pt 0in 0pt"><FONT style="LINE-HEIGHT: 0.05pt; FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
<a name="_bclFooter4"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>
</DIV></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>travelzoo_q211final.htm
<DESCRIPTION>EXHIBIT 99.1 PRESS RELEASE
<TEXT>

<HTML>
<HEAD>
   <TITLE>travelzoo_q211final.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">


<P>
<A name="page_1"></A></P>
<P align=right>Exhibit 99.1</P>
<a name="_bclPageBorder1"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader1"></a><DIV><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<IMG alt=travelzoo align=left src="x0x0.jpg" width=202 height=49>
</P>
</FONT></DIV>
<DIV>
<DIV align=center>
<TABLE border=0 cellSpacing=0 cellPadding=0 width=300>
<TR>
     <TD style="PADDING-BOTTOM: 9.35pt; PADDING-LEFT: 9.35pt; PADDING-RIGHT: 9.35pt; PADDING-TOP: 9.35pt" height=89 vAlign=top align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" face=Arial>Travelzoo<BR>
590 Madison Avenue</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" face=Arial>37th Floor<BR>
New York, NY 10022<BR>
<BR>
</FONT><B><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" face=Arial>Media Contact:</FONT></B></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" face=Arial>Christie McConnell</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 8pt; FONT-SIZE: 9pt" face=Arial>+1 (212) 484-4912<BR>
cmcconnell@travelzoo.com<BR>
<BR>
</FONT></P>
</TD></TR></TABLE></DIV></DIV><FONT lang=EN-US><BR clear=all>
</FONT>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><U><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>FOR IMMEDIATE RELEASE</FONT></U></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<H2 style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0pt; FONT-SIZE: 20pt" face=Arial>Travelzoo Reports Second Quarter 2011 Results</FONT></B></H2>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>NEW YORK, July 21, 2011</FONT></B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US face=Arial> -- </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Travelzoo Inc. (NASDAQ: TZOO):</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Revenue of $37.6 million, up 34% year-over-year</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Operating profit of $7.6 million, up 29% year-over-year</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Net income of $4.9 million, up 51% year-over-year</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Earnings per share of $0.30, compared to $0.20 in the prior year period</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 11pt" lang=EN-US face=Arial>Travelzoo Inc., a global Internet media company, today announced financial results for the second quarter ended June 30, 2011, with revenue of $37.6 million, an increase of 34% year-over-year.&nbsp; Operating profit was $7.6 million, up 29% year-over-year.&nbsp; Net income was $4.9 million, with diluted net income per share (EPS) of $0.30, up from $0.20 in the prior-year period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>&#147;We achieved record revenues and our fastest growth rate in 4 years.&nbsp; We accelerated our investment in future growth, adding 27 new Local Deals markets, 800,000 new subscribers and we grew our headcount faster than in any prior quarter,&#148; said Chris Loughlin, CEO of Travelzoo.&nbsp; &#147;We also ran a television advertising test, which negatively impacted earnings per share by approximately $0.07.&nbsp; We are pleased with our accelerated growth rate and confident that our investments will fuel future growth.&#148;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>North America</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>North America business segment revenue grew 25% year-over-year to $27.7 million.&nbsp; Operating profit was $6.5 million, or 24% of revenue, down from $6.7 million, or 30% of revenue, in the prior-year period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<a name="_bclFooter1"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">1/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_2"></A>
<a name="_bclPageBorder2"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader2"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
</DIV>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Europe</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Europe business segment revenue grew 67% year-over-year to $10.0 million.&nbsp; In local currency terms, revenue grew 53% year-over-year.&nbsp; Operating profit was $1.1 million, compared to an operating loss of $808,000 in the prior-year period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Subscribers</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travelzoo had a total unduplicated number of newsletter subscribers in North America and Europe of 20.7 million as of June 30, 2011, up 13% from June 30, 2010, and up 4% from March 31, 2011.&nbsp; In North America, total unduplicated number of subscribers was 15.3 million as of June 30, 2011, up 9% from June 30, 2010 and up 3% from March 31, 2011. In Europe, total unduplicated number of subscribers was 5.5 million as of June 30, 2011, up 29% from June 30, 2010 and up 7% from March 31, 2011.</FONT></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT></B>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Asset Management</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; During the second quarter, Travelzoo used $11.2 million of cash for operating activities.&nbsp; Accounts receivable decreased by $473,000 quarter-over-quarter and increased by $2.4 million over the prior-year period to $15.9 million.&nbsp; Accounts payable increased by $2.1 million quarter-over-quarter and increased by $9.3 million over the prior-year period to $15.7 million.&nbsp; Capital expenditures were $356,000, down from $699,000 in the prior quarter and up from $355,000 in the prior-year period.&nbsp; Travelzoo exited the second quarter with $40.1 million in cash and cash equivalents.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Conference Call</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US face=Arial>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Travelzoo will host a conference call to discuss second quarter results at 11:00 a.m. ET today.&nbsp; Please visit <U>http://www.travelzoo.com/earnings</U> to</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>download the management presentation (PDF format) to be discussed in the conference call;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>access the webcast.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<a name="_bclFooter2"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">2/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_3"></A>
<a name="_bclPageBorder3"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader3"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
</DIV>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>About Travelzoo</FONT></B></P>
<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 150%; LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial>Travelzoo Inc. is a global Internet media company.&nbsp; With more than 23 million subscribers in North America, Europe, and Asia Pacific and 23 offices worldwide, Travelzoo&#174; publishes deals from more than 2,000 travel and entertainment companies.&nbsp; Travelzoo&#146;s deal experts review offers to find the best deals and confirm their true value.&nbsp; In Asia Pacific, Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 9pt" lang=EN-US face=Arial>Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934.&nbsp; These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts.&nbsp; When used in this press release, the words &#147;expect,&#148; &#147;predict,&#148; &#147;project,&#148; &#147;anticipate,&#148; &#147;believe,&#148; &#147;estimate,&#148; &#147;intend,&#148; &#147;plan,&#148; &#147;seek&#148; and similar expressions are generally intended to identify forward-looking statements.&nbsp; Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions, and other factors discussed in our filings with the SEC.&nbsp; We cannot guarantee any future levels of activity, performance or achievements.&nbsp; Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.&nbsp; Travelzoo and Top 20 are registered trademarks of Travelzoo Inc.&nbsp; All other company and product names mentioned are trademarks of their respective owners.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>
<a name="_bclFooter3"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">3/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_4"></A>
<a name="_bclPageBorder4"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader4"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
</DIV>
<DIV align=left>
<TABLE style="WIDTH: 575.999pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Travelzoo Inc.</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Condensed Consolidated Statements of Operations</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">(Unaudited)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">(In thousands, except per share amounts)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="29%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="29%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="29%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Three months ended</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="29%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Six months ended</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="29%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">June 30,</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="29%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">June 30,</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2010</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp; 37,565</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp; 28,106</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp; 74,525</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp; 56,624</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Cost of revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 2,499 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 1,616</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 4,918 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 3,270</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; Gross profit</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 35,066</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 26,490</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 69,607</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 53,354</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Operating expenses:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Sales and marketing</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 19,137</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 14,049</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 35,291</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 29,041</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">General and administrative</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 8,301</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 6,505</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,695</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 13,217</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Settlement with State of Delaware</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 20,000</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; Total operating expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 27,438</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 20,554</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 71,986</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 42,258</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Income (loss) from operations</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 7,628</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 5,936</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (2,379)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 11,096</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Other income and expense:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Interest income and other income</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 87</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Gain (loss) on foreign currency</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; (209)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Income (loss) before income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 7,670</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 5,981</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (2,275)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 10,974</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 2,752</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 2,734</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 6,762</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 5,253</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Net income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp; 4,918&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp; 3,247</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp; (9,037)&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp; 5,721</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face=Courier>=========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face=Courier>=========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face=Courier>=========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face=Courier>=========</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Basic net income (loss) per share</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;&nbsp; 0.30</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;&nbsp; 0.20</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp; (0.55)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;&nbsp; 0.35</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Diluted net income (loss) per share</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;&nbsp; 0.30</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;&nbsp; 0.20</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp; (0.55)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;&nbsp; 0.35</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Shares used in computing basic net</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;income (loss)per share</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,462</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,444</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,456</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,444</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="42%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Shares used in computing diluted</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;net income (loss)per share</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,585</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,453</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0.05in 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,456</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 16,452</FONT></P>
</TD></TR></TABLE></DIV>
<a name="_bclFooter4"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">4/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_5"></A>
<a name="_bclPageBorder5"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader5"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 492.75pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="100%" colSpan=4 noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Travelzoo Inc.</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="100%" colSpan=4 noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Condensed Consolidated Balance Sheets</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="100%" colSpan=4 noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">(Unaudited)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="100%" colSpan=4 noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">(In thousands)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="100%" colSpan=4 noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">June 30,</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">December 31,</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">2010</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">ASSETS</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Cash and cash equivalents</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; $&nbsp; 40,086</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; $&nbsp; 41,184</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Accounts receivable, net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15,936</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13,290</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Income taxes receivable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2,922</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 264</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deposits</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 206</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Prepaid expenses and other current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,625</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,489</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deferred tax assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,411</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,411</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; Total current assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62,186</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57,767</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deposits, less current portion</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 869</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 279</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deferred tax assets, less current portion </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 349</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Restricted cash</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,126</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,124</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Property and equipment, net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,374</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3,425</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Intangible assets, net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 881</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,058</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; $&nbsp; 70,785</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; $&nbsp; 66,002</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ==========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ==========</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">LIABILITIES AND STOCKHOLDERS&#146; EQUITY</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Accounts payable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15,665</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9,931</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Accrued expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13,384</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6,080</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deferred revenue</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,441</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,325</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deferred rent</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 212</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 218</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Income tax payable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; Total current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30,848</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18,204</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deferred tax liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Long-term tax liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,478</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1,449</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Deferred rent, less current portion</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 560</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 460</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Common stock</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 165</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Additional paid-in capital</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7,281</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6,598</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Accumulated other comprehensive loss</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (835)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1,038)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Retained earnings</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31,128</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40,165</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; Total stockholders' equity</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37,739</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45,889</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ----------</FONT></P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities and</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 12.75pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; stockholders' equity</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; $&nbsp; 70,785</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 12.75pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; $&nbsp; 66,002</FONT></P>
</TD></TR>
<TR style="HEIGHT: 2.3pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 2.3pt; PADDING-TOP: 0.75pt" vAlign=bottom width="59%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 2.3pt; PADDING-TOP: 0.75pt" vAlign=bottom width="20%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ==========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 2.3pt; PADDING-TOP: 0.75pt" vAlign=bottom width="3%" noWrap>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0.75pt; PADDING-RIGHT: 0.75pt; HEIGHT: 2.3pt; PADDING-TOP: 0.75pt" vAlign=bottom width="18%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; ==========</FONT></P>
</TD></TR></TABLE></DIV>
<a name="_bclFooter5"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"></FONT></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">5/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_6"></A>
<a name="_bclPageBorder6"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<DIV align=left>
<TABLE style="WIDTH: 598.499pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Travelzoo Inc.</FONT></P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Condensed Consolidated Statements of Cash Flows</FONT></P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">(Unaudited)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=5>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">(In thousands)</FONT></P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="28%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="27%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="28%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Three months ended</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="27%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Six months ended</FONT></P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="28%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">June 30,</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="27%" colSpan=2>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">June 30,</FONT></P>
</TD></TR>
<TR style="HEIGHT: 10.4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 10.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 2010</FONT></P>
</TD></TR>
<TR style="HEIGHT: 11.8pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 11.8pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 11.8pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 11.8pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 11.8pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 11.8pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">CASH FLOWS FROM OPERATING ACTIVITIES:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;Net income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 8.1pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$ 4,918</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="TEXT-ALIGN: left; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;3,247</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$ (9,037)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;5,721</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;Adjustments to reconcile net income</FONT></P>
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; (loss) to net cash provided by operating</FONT></P>
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; activities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Depreciation and amortization</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;666&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=justify><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;585&nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 8.1pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;1,309&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;1,147&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Deferred income taxes</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 74 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 160 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp; </FONT></P>
</TD></TR>
<TR height=20>
     <TD vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Stock-based compensation</FONT></P>
</TD>
     <TD vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 187</FONT></P>
</TD>
     <TD vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187</FONT></P>
</TD>
     <TD vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375</FONT></P>
</TD>
     <TD vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 375</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Provision for losses on accounts</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; receivable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%" align=left>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 24</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;(40)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; (1)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Tax benefit of stock option exercises</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; (268)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Net foreign currency effects</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; (29)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 209</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Changes in operating assets and</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; liabilities:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Accounts receivable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;462</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;(247)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; (2,456)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;(2,568)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Deposits</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;(99)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; (77)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; (660)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; (85)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Income tax receivable&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;(2,654)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;(797)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; (2,390)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 5,264&nbsp;&nbsp;&nbsp;</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Prepaid expenses and other current</FONT></P>
<P style="PAGE-BREAK-AFTER: auto; TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; assets</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (309)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (169)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; &nbsp;&nbsp;(117)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; (40)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Accounts payable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 2,164</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;(308)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 5,600</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (269) </FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Accrued settlement with State of</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; Delaware</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">(20,000)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Accrued expenses</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 3,752</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 400</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 7,185</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 1,657</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Deferred revenue</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 78</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;(192)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 220</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Deferred rent</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 82</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 34</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Income tax payable</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (607)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;(326)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; (519)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 357</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Other non-current liabilities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 14 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 17</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 28</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; Net cash provided by (used in)</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; operating activities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">(11,247)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;2,281</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; &nbsp;&nbsp;(582)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;12,049</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">CASH FLOWS FROM INVESTING ACTIVITIES:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;Purchases of property and equipment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (356)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;(355)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; (1,056)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (751)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; Net cash used in </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.5pt; FONT-SIZE: 10pt" face="Courier New">investing activities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (356)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (355)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; (1,056)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (751)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">CASH FLOWS FROM FINANCING ACTIVITIES:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;Proceeds from exercise of stock options</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;Tax benefit of stock option exercises</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 268</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;Proceeds from sale of Asia Pacific</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; business segment</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 1,073</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; Net cash provided by financing</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; activities</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;-</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 308</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 1,073</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Effect of exchange rate on cash and cash</FONT></P>
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;equivalents</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (176)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 232</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; (272)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Net increase (decrease) in cash and</FONT></P>
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;cash equivalents</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">(11,612)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 1,750</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; (1,098)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;12,099</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Cash and cash equivalents at beginning of</FONT></P>
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;period</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;51,698</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;30,125</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 41,184</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;19,776</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Cash and cash equivalents at end of period</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;40,086</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;31,875</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 40,086</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;31,875</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">=========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">=========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">=========</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">=========</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt 0in" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Supplemental disclosure of cash flow information:</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="MARGIN: 0in 0pt 0pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Cash paid (received) for income taxes, net</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$ 5,918 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;3,857 &nbsp;</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$ &nbsp;9,476 </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">$&nbsp;&nbsp;(368)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="45%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 8.1pt 0pt 0in"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="13%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">---------</FONT></P>
</TD></TR></TABLE></DIV>
<a name="_bclFooter6"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">6/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>
<HR align=center SIZE=2 width="100%" noShade>
<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<A name="page_7"></A>
<a name="_bclPageBorder7"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<a name="_bclHeader7"></a><DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
</DIV>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 11pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<DIV align=left>
<TABLE style="WIDTH: 595.799pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0in" border=0 cellSpacing=0 cellPadding=0>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=6>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Travelzoo Inc.</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=6>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Segment Information</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=6>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">(Unaudited)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=6>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">(In thousands)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Three months ended</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;June 30, 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">North America</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp; Europe</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp; Other </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Elimination</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">Consolidated</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">------------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Revenue from</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;unaffiliated customers</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 27,588</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 9,977</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; $&nbsp; 37,565</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Intersegment revenue</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (169) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Total net revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 27,700</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 10,034</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (169)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 37,565</FONT></P>
</TD></TR>
<TR style="HEIGHT: 4pt">
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Operating income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp; 6,542</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 1,086&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; $ &nbsp;&nbsp;7,628</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Three months ended</FONT></P>
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;June 30, 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">North America</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Europe</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; Other</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Elimination</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Consolidated</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">------------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Revenue from</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;unaffiliated customers</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 22,153</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp; 5,953</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp; 28,106</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Intersegment revenue</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Total net revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 22,195</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp; 6,008</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (97)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 28,106</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Operating income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp; 6,743</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp; (808)&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp; 5,936</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Six months ended</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;June 30, 2011</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">North America</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Europe</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Other(a) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Elimination</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Consolidated</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">------------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Revenue from</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;unaffiliated customers</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 55,105</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$19,420</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; $&nbsp; 74,525</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Intersegment revenue</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (274) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Total net revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 55,318</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 19,481</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (274)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 74,525</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Operating income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 15,794</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 1,827&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$(20,000)&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; $&nbsp; (2,379)</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Six months ended</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;June 30, 2010</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">North America</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Europe</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; Other </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Elimination</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" face="Courier New">Consolidated</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">------------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Revenue from</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;unaffiliated customers</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 44,520</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$12,104</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; $&nbsp; 56,624</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Intersegment revenue</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (136) </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Total net revenues</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp; 44,591</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; 12,169</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (136)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp; 56,624</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Operating income (loss)</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$ 12,853</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$(1,758)&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -&nbsp;&nbsp; </FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp; $&nbsp; 11,096</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;--------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;---------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">-----------</FONT></P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">&nbsp;-----------</FONT></P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="26%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="14%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>
</TD></TR>
<TR>
     <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=6>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 30.6pt"><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">(a)</FONT><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 7pt" face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: 0pt; FONT-SIZE: 10pt" face="Courier New">Amount represents settlement of State of Delaware unclaimed property review</FONT></P>
</TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 10pt" lang=EN-US face=Arial></FONT>&nbsp;</P>
<a name="_bclFooter7"></a><DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">7/</FONT></FONT><FONT style="mso-bidi-font-family: Arial; mso-bidi-font-size: 10.0pt"><FONT style="LETTER-SPACING: -0.25pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">9</FONT></FONT><FONT style="mso-bidi-font-family: Arial"></FONT></P>
</DIV></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>x0x0.jpg
<TEXT>
begin 644 x0x0.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T-
M#AT5%A$8(Q\E)"(?(B$F*S<O)BDT*2$B,$$Q-#D[/CX^)2Y$24,\2#<]/CO_
MVP!#`0H+"PX-#AP0$!P[*"(H.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SL[
M.SL[.SL[.SL[.SL[.SL[.SL[.SL[.SO_P``1"``Q`,H#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V:BO`O$WQ
M1\32^(;R&QNS80VLKP".(*P;:Q&X[AU-97_"RO&7_0=F_P"_<?\`\37KT,GQ
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MP3LD4L;37"*?OC("`_B":X/P+J9TKQKI=T7*IYXC?G^%OE/\Z>&RR5?#2KIV
MM?3O83G9V/8=2^+OAG3=0FLS]IN&A;:9(%5T)]CNKJ=#UFT\0:1!JEEN\B<$
MJ'&&&"001^%?.WC_`$G^Q/'FJ6JKMBFD^T1`=-K\_P`\C\*].^"6I^?X;O-/
M=N;.?>,]E<9_F#15P=+ZC'$0O>]F"D^:S.@\2_$70?"]^MC>/+-<%=S);J&,
M?INY&,U-I/CW1-4T2?63)+9V,$HB:6Y7:"QQTP3ZBOGWQ-J7]L>*-3U'.5GN
M7*'_`&0<+^@%=/XTTQM&^'OA*V.4>8RSRC/4N%;GZ`@5K/+Z4*%%MOFFU]S_
M`*0<[N_(];_X6)X0_P"@]:_F?\*TM(\1Z/KQE&E:A%=F''F>7GY<]/Y&OF+3
M],U#5;@V^FV4UY,%+&.%=Q`]:]9^'>GWW@3P[J^O>(+9[6W=$(B(S(-K$<KV
MY(HQV`PV&BTJEYJV@1DY=#U>O)OB/XKU2T\6C2;>]:TMX;990T4A1G9CSDYY
M`QQ2:9\:KG4-5M+(Z)$BW$R1;Q.20&(&<8]Z]"U/PEX?UF[^UZEI%K=3[0OF
M2IDX'05Y.*PE:DN2HK-G7A:\:56-1QYDNC/%QXHU@G`UV\)]!=-_C5BSUCQ%
M?WL%G!K%\99Y!&G^D-U)^M6OB#IV@Z?XCMM.T?2[6U:TB\VX>),$LWW5/T`)
M_$5L?"[1OM6K3:K*N8[1=D>>\C=3^`_G7C<DE54%)L^T6)H2R^6*E1C'HM$[
M].W?\CU"UA^S6L4!D>0QH%+N<LV!U)]:I7_B/1M+E\J]U.V@D_N,XW#\.M<W
M\0?&4FB*FDZ>V+ZXC+O(/^6,?3(_VB<X^A->4M%>2PSW4-E=7:Q#?,\,9<J/
M5C775KN,N2*NSP,#E4:]%XBO/D@NO<^@K#5+#5(C+87D-R@ZF)PV/KZ5:KYU
MT;69[*XBU/3)S'(IR".A]58=Q[5ZUKOC=+3P+%K=F`+F]VQ0(>=LIX.?7;@G
M\*=*NIIW5FC/'Y5+"R@Z<N:,]F:'B#QKI'AZ3R)W>>ZQGR(1EA]3T%8]E\5=
M(GG$=U:7-HI./,.'4?7'->:V%E>Z[JT=I%)YMW=.<R2D\GJ68_@35?5],U3P
MWKO]DZO'%OD3S()H22DB^V:Y_;U9)SBM$>O_`&3E]&4,/7F_:2[;'IVLZE<W
M>KEX=0>.U5@P:*7:J083$H_O<L_K]W':NHT^[U&73;:66WS(\*,Y(VDD@9X[
M?2N#^&.HQSW4NCWD<<RJ#/:F10QC(/S`9Z=C^=>H5V4ZBJ14D?-XW"RPE>5&
M73\CS?QW\/?#%KX9UK68=.*WHB><2><_WR<DXSCJ:\5TR&.XU"T@E7='+*B.
M,]02`:^C_B'_`,D^UO\`Z]'KYST7_D+V'_7Q%_Z$*^FR1^[6]/\`,\^IT/:/
M'7A;1?#7PRU>+2;%+</L+-DLQ^=>-QYQP.*\>\.WT.F>(=.OKC=Y-O<)(^T9
M.`03@5[Q\6/^2;ZI](__`$-:^=)&*Q%AV%/);.E6Y]K?YBJ;HZ/QYKMIXE\7
M7.JV2.D#QHB^8,,VT8R17L'PCT>?2O!BRW*&-[V4SA6&"%P`OY@9_&O"]#O;
M>QUJQO;F!)X(IE>2-UR&7//%?4LEW!#I[7FX>0D1EW#IM`SG\J,VY</0IX:F
MO=WOW_JX4]6VSYX^)VH_VE\0=18'*6VVW7_@(Y_4FN3@E8$2(<,K9!]"#5B6
M=]2U&6YE;#W<[2,2>A9L_P!:N>)K.VT_Q3J-K92QRVRR@Q/$P92"`>"*]/"_
MN50H/[2=_GJ1+6[.U^+,*ZEI/ASQ5$,BZ@$,I'J1N'Z[JYWP7XF_X1K^V&+[
M?M.GR)'_`-=?X/YFNNTV+_A)_@5>V0^>XTMV>,=QM.\?^.DBO*1B2,'UP:X,
M%2YZ=?!/H]/Z^XN3U4C1\/:8VK:Y8::O)N)D0_3/)_+->G?'9%CM-!C0859)
M0`.PVK6)\&=*^V^+Y+YEREC`6!/]YOE'Z;JW/CS_`*C0_P#KK-_):G,*B>/I
M4H[1M^?_``P07NMG#>!/%4/A#7)-1FM7N5>!HMB,%()(.>?I7I&N>+X?&7PH
M\07D%G):B$"(J[!B?F0YX^M>6^%/"MWXNU5]/L[F&WD2(REI@2"`0,<?6O3]
M6\(+X.^#VMV9N3<33(LDK8PH;*@[?;CO2SOZM[1[^TT]+!3O;R/)_#7_`",V
ME?\`7W%_Z&*^H;V[AL+&>\N&"0V\;2.Q[`#)KY>\-?\`(S:5_P!?<7_H8KVG
MXLZQ]GT:WT6)L2:@^90.T28)_,[1^=9<0249P;_E-L)2E6FJ<=V['F-Q>3ZG
M>W.I7`)FO)3*R]QG[J_@,"O<_"6C_P!A^'+6S88F*^9-[NW)_+I^%>,Z%<6-
MIK=K<ZDLC6L+^8RQKN+$<J,>F<5Z;_PM/P\.L=[_`-^1_C7R&&E&[G)ZL^QS
MNA7Y*>%H0;A%=%U_K\SS+Q->MJ/C76[ACG9=>0OLJ#;C^=>F?"ZU2/PL\VT;
MKBX<L?4#"C^1KR:^!7Q+KB'.1J$K<^A.17KGPPF63PD(P>8KB12/K@_UIT_]
MYE<QQNF2T>7:_P#F>3ZQIZ:1XQUS3H5V0QW.^-1T57&[`_.FWU^\NG:5II)V
M0W,\P'U1,?S/YUH>,F$GQ#UUUZ!XDS[B-<UD:A:O#:Z7J!'[N2[F@S[[$K.7
M\:=NQV46O[-PSG_.OS9V/PQC#^+PQ',=L[#ZY4?U-:7QJME\C0KT+\\=VT6?
M9ES_`.RUC?#J[2T\8VX=@HN(WA!/J1D?JM;GQEE5[?1+0'YFNFF(]E7'\V%:
MT&OJ[^9PYM";S>%NO+8YWP%*8O&FGD?Q%U/T*&O;:\8^'5JUQXRM6`RL"/(Q
M].,#]37L]7@_X9AQ&T\;IV7ZG.?$/_DGVM_]>CU\YZ+_`,A>P_Z^(O\`T(5]
M*>-+"ZU/P;JMC91&:XGMF2.,$#<3VYKQCP[\,?%DFM6OVO3?L,43K(TTTBE?
ME(./E).37TN58FE053VCM=:?B?,S3=K'J7Q8_P"2;ZI](_\`T-:\+\+VT5YX
MHTRUG4-%-<I&ZGNI.#7TGK^AVOB319])O6D6"?&XQ-AN"#P<'TKG=!^%/AO0
M-22_A%S<RQX,8N9`P1@00PP!SQ7/@L;'#4ZD&K\RM^?^8Y1NT>!ZKI<NAZW?
M:3-G?:3,@)[KG@_B,&O4+;Q?YOP-O4:3_2[918=>2&("G_ODG\JZ_P`2?##0
M/%&L-JMZ]W%<.BH_D2!0V.A.0><?RK+UCX1V<WAZ'2-&O/L06<2SSS)YCS8#
M;0<$#C<:NICH5L-"C43O%[^7_#`HM2;1XGI^FWNJ7:66G6KW-PX.R),9.!D]
M?:I-6T35M!GB@U;3Y;-YE+1B0CY@.O0U[AX&^&$/A*_;4;F_-[=@%(RJ;$52
M.>.<GWS5OX@^`CXVBL?*OELYK1F.]H]^Y6`XZCTKOJYW+V\?9?`K75M?,A4]
M-=SB/@E?(;_5-'FP8[F`2!3WP=I_1OTKSG5].;1==U#2WX-I<.@SW7/!_+%>
MW>"/A:/"FK'4[G5&NIT!6(1IY:X(((8<Y[>G2NDU#P3X9U6_>^O]&MKBYDP7
MD<'+8&!G\JY9YC"GC7B:2NFMGI_F5R7C9G+_``6TK['X4FU!UP]].2"1_`O`
M_7=61\>?]1H?_76;^2UZU'&D2!(T5%48"J,`5S_BWP3I?C*.U34I+E!:LS(8
M'"_>QG.0?2N!XERQ7MY+K<KE]VQ\^^'?$FH>%]0:^TTQ"9XS&?-3<,$@_P!*
M[@>--8\6?#[Q4NJ&`BWMXBGE1[>K\YY]JZ;_`(4AX7_Y^M3_`._Z_P#Q-)XG
M\'Z3X3^%VMP:9$Y>2%?,FD.Z23YP1D^V:]#'8_#8F+:IVD[:DQ@X]3Q[PUQX
METHDX'VN+_T(5Z?XQ\+>+-?\67-]:VMG+;!5AMMUV`0@YZ>Y)->.AP`.OY&N
MN^&5O>7?CG3I88II8K>3=,R@D("I`)].:[LVP]#%PY_:+W5M??\`$O"XBKAZ
MBG3T?<W/^%=^-O\`H&V7_@6/\*GLOAKXLN+M(KVWM+2!L[YEG\PKQ_='6O:J
M*^.^K4NQ[#SO'O1U/P7^1X5\2-)?P_XV-ZRXLM6C4B3'`E4`$']#^-2>%_%U
MWX7DF\F%+B"?!:)V*X8="#S7L&N:#IWB/3)-.U2W$\#\XZ%3V(/8UYXWP6DA
MFVV7B65+;/"36XD91Z9R/Y5-6C)SYZ;LSHP.9T88=X7%1YH=+;K\CBG-QJ6I
MS3;&ENKZ=G*H,EG8]!_+\*])USX?R7GPUCT:#:=1M<7,;?WIN21GWR1^5;OA
MCP3IOAD>;&SW=XPPUS,!D>R@<**Z*G1HN#<I.[9EF69QQ,84J,>6$=CYHL[]
MO,\N7?;7L#8>-OE=&'_UZU+_`%/4-:NX7OKB2[N`OE1`@%L9Z`#J2:]FUOP3
MX<\12^=JFE0S38QYRY1_^^E()_&G:)X,\/>'I/-TS3(HIL8\UB7?\"Q)'X5F
M\)J[2LGT.VGQ"U&+JTE*<=I?TC+^'_A670;&2[ODVWMT!E.\2#HOU[G\*Z^B
MEKKA%0BHH^>Q%>>(JNK4>K"DHHJC$6BBB@`HHHH`****`$I:**`"BBB@`J*Y
K_P"/=_I110!FU:L?O/\`0444@+M%%%,`I***`%HHHH`****`"BBB@#__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
