<table>
 <tbody><tr style="FONT-SIZE:1PX">
 <td width="5%" valign="TOP">
 <p>&nbsp;</p>
 </td>
 <td width="95%" valign="TOP">
 <p>&nbsp;</p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2">At December 31, 2008 there were no unvested stock
 option awards and all compensation expense had been fully recognized. </font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2"><i>Warrants</i></font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2">At each of December 31, 2008 and March 31, 2008,
 there were outstanding warrants to purchase an aggregate of 40,766 shares of
 common stock at an exercise price per share of $3.68 held by one
 individual. These warrants expire on
 April 30, 2010.</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2"><i>Non-Vested
 Stock </i></font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2">As of December 31, 2008, pursuant to the
 authorization of the Company’s Board of Directors and certain Restricted
 Stock Agreements, the Company had awarded 828,290 shares of common stock
 under the Company’s 2002 Plan to certain employees. Grant date fair value is determined by the market price of the
 Company’s common stock on the date of grant.
 The aggregate value of these shares at their respective grant dates
 amounted to $1,915,790 and will be recognized ratably as compensation expense
 over the vesting periods. The shares
 of common stock granted pursuant to such agreements vest in various tranches
 over five years from the date of grant.</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2">The shares awarded under the restricted stock
 agreements vest on the applicable vesting dates only to the extent the
 recipient of the shares is then an employee of the Company or one of its
 subsidiaries, and each recipient will forfeit all of the shares that have not
 vested on the date his or her employment is terminated. </font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="TOP">
 <p><font size="1">&nbsp;</font></p>
 </td>
 <td valign="TOP">
 <p><font size="2">As of December 31, 2008, pursuant to the
 authorization of the Company’s Board of Directors and certain Restricted
 Stock Agreements, the Company had awarded 369,767 shares of common stock that
 were not issued under the Company’s 2002 Plan. These shares include an award of 200,000 shares to the
 Company’s Chief Executive Officer.</font></p>
 </td>
 </tr>
</tbody></table>
<table>
<tbody><tr>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font>At December 31, 2008 there were no unvested stock
 option awards and all compensation expense had been fully recognized. </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font> </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font><i>Warrants</i></font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font> </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font>At each of December 31, 2008 and March 31, 2008,
 there were outstanding warrants to purchase an aggregate of 40,766 shares of
 common stock at an exercise price per share of $3.68 held by one
 individual. These warrants expire on
 April 30, 2010.</font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font> </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font><i>Non-Vested
 Stock </i></font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font> </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font>As of December 31, 2008, pursuant to the
 authorization of the Company’s Board of Directors and certain Restricted
 Stock Agreements, the Company had awarded 828,290 shares of common stock
 under the Company’s 2002 Plan to certain employees. Grant date fair value is determined by the market price of the
 Company’s common stock on the date of grant.
 The aggregate value of these shares at their respective grant dates
 amounted to $1,915,790 and will be recognized ratably as compensation expense
 over the vesting periods. The shares
 of common stock granted pursuant to such agreements vest in various tranches
 over five years from the date of grant.</font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font> </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font>The shares awarded under the restricted stock
 agreements vest on the applicable vesting dates only to the extent the
 recipient of the shares is then an employee of the Company or one of its
 subsidiaries, and each recipient will forfeit all of the shares that have not
 vested on the date his or her employment is terminated. </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font> </font></p>
</td>
</tr>
<tr>
<td>
<p><font> </font></p>
</td>
<td>
<p><font>As of December 31, 2008, pursuant to the
 authorization of the Company’s Board of Directors and certain Restricted
 Stock Agreements, the Company had awarded 369,767 shares of common stock that
 were not issued under the Company’s 2002 Plan. These shares include an award of 200,000 shares to the
 Company’s Chief Executive Officer.</font></p>
</td>
</tr>
</tbody></table>