1. Elliott-Matsuura Canada Inc. 2120 BUCKINGHAM ROAD, OAKVILLE, ONTARIO, L6H 5X2 TEL (905) 829-2211 FAX (905) 829-5600 Email: postmaster@elliottmachinery.com Internet: www.elliottmachinery.com

2. 100 Years History of Elliott 1905Hugo Frye (German Engineer) marries the English Beatrice Elliott and opens a Precision Mechanical Manufacturing Co. in London, UK. 1905Hugo Frye (German Engineer) marries the English Beatrice Elliott and opens a Precision Mechanical Manufacturing Co. in London, UK. 1915Hugo (still a German Citizen) changes the company name to the B. Elliott Group. 1915Hugo (still a German Citizen) changes the company name to the B. Elliott Group. 1940During World War II, B. Elliott expands by acquiring other machine tool companies. Subsidiaries are opened in Australia, New Zealand, South Africa, and USA. 1940During World War II, B. Elliott expands by acquiring other machine tool companies. Subsidiaries are opened in Australia, New Zealand, South Africa, and USA. 1950B. Elliott Canada opens in Port Hope, ON. Newly appointed President Erwin Fischer then moved the company to Toronto. Elliott Canada expands across Canada, by purchasing established distributor companies. Elliott Canada begins to import and distribute machine tools from West and East Europe. 1950B. Elliott Canada opens in Port Hope, ON. Newly appointed President Erwin Fischer then moved the company to Toronto. Elliott Canada expands across Canada, by purchasing established distributor companies. Elliott Canada begins to import and distribute machine tools from West and East Europe.

3. 100 Years History of Elliott 1973Elliott Canada is one of the first Canadian companies to sell NC machines. 1973Elliott Canada is one of the first Canadian companies to sell NC machines. 1975Elliott’s Special Machine Tool Group begins to offer Canadian “designed & built” special equipment for the Canadian market. 1975Elliott’s Special Machine Tool Group begins to offer Canadian “designed & built” special equipment for the Canadian market. 1981 (Aug) Erwin Fischer resigns as President. 1981 (Aug) Erwin Fischer resigns as President. 1981 (Sep) Michael Carr was named President after serving, since 1973, as NC programmer and manager of Special Machine Tool Group. Shortly after the new management team consisted of Frank Haydar VP- Finance & Administration, Yves Juvet VP- Engineering and Vince D’Alessio VP- Sales & Marketing. 1981 (Sep) Michael Carr was named President after serving, since 1973, as NC programmer and manager of Special Machine Tool Group. Shortly after the new management team consisted of Frank Haydar VP- Finance & Administration, Yves Juvet VP- Engineering and Vince D’Alessio VP- Sales & Marketing. 1985Elliott changes its profile and begins to sell only CNC machines, exclusively representing a portfolio of “who’s who?” of machine tool aristocratic lines such as: 1985Elliott changes its profile and begins to sell only CNC machines, exclusively representing a portfolio of “who’s who?” of machine tool aristocratic lines such as:

4. 100 Years History of Elliott 1985 (con’t) Agie, Matsuura, Nakamura, Correa, Tacchi, and later Zeiss. 1985 (con’t) Agie, Matsuura, Nakamura, Correa, Tacchi, and later Zeiss. 1988B. Elliott Group sells its Canadian subsidiary to one of its main suppliers: Matsuura Japan 1988B. Elliott Group sells its Canadian subsidiary to one of its main suppliers: Matsuura Japan 1992Elliott purchases 3 acres of land in Oakville and in October 1993 moves into its new, employee designed, 34,000 sq. ft. building. 1992Elliott purchases 3 acres of land in Oakville and in October 1993 moves into its new, employee designed, 34,000 sq. ft. building. 1997Elliott Machinery Canada Inc changes its name to Elliott Matsuura Canada Inc. (EMCI) 1997Elliott Machinery Canada Inc changes its name to Elliott Matsuura Canada Inc. (EMCI) 2009Michael Carr retires at the end of 2008, after 35 yrs with Elliott. (Refer to new Org. Chart) 2009Michael Carr retires at the end of 2008, after 35 yrs with Elliott. (Refer to new Org. Chart) Today EMCI employs 65 people and sells exclusively across Canada, 12 of the “best in class” portfolio of complementary machines. EMCI Services are recognized as unequalled in the industry. EMCI provides affordable solutions to meet specific customer needs through creative financing. Today EMCI employs 65 people and sells exclusively across Canada, 12 of the “best in class” portfolio of complementary machines. EMCI Services are recognized as unequalled in the industry. EMCI provides affordable solutions to meet specific customer needs through creative financing.

5. Matsuura Japan Business: Manufacturer of Machining Centers Founded: 1935 Turnover: 15,000,000,000 yen (Year 2007) Exporting ratio : 75% （ Mainly North America & Europe ） Employees: 500 People, 300 work in Japan Manufacturing Plants in Fukui and Takefu, Japan.

6. Matsuura Group Profile Elliott-Matsuura (Canada) INC. Matsuura Machinery PLC Matsuura Machinery GmbH Matsuura Europe GmbH Elliott-Matsuura Canada Inc.(Toronto, Canada) MMTS corp.(Boston, USA) Matsuura Europe GmbH (Wiesbaden, Germany) Matsuura Machinery GmbH(Wiesbaden, Germany) Matsuura Machinery plc(Coalville, UK)

7. 32,000 sq. ft. building with showroom and warehouse 3 acre property with room for expansion Plan to add 10,000 sq. ft. in 2010 to increase warehouse/showroom Space, 2 nd loading bay, machinery refurbishing bay, and paint booth Elliott Matsuura Canada Inc. 60+Years Servicing Canadian industries

8. Elliott Organizational Chart President Frank Haydar Executive VP V. D’Alessio Comptroller Pam Kingston VP Engineering Y. Juvet (8) Application Eng (3) Product Managers (3) Internal Sales (4) Service Eng. (PQ) (3) Service Eng. (W) (15) Service Eng. (Ont.) (2) Spare Parts (2) Tele support (2) Warehouse (2) Accounting (4) Administration Total 65 Employees VP Sales & Marketing F. Bolieiro (8) Sales Reps (Ont. & Que) (1)Zeiss Product Manager (2)Zeiss Application Eng (1) West Sales Manager (T. Scoffield) 60+ Years Servicing Canadian industries

9. Core Strengths Our People Our People Our Products Our Products Our Service & Support Our Service & Support Our Financial Strength Our Financial Strength Our Ownership Stability Our Ownership Stability Elliott Matsuura Canada Inc. 60+ Years Servicing Canadian industries

10. Target Markets Aircraft & Aerospace Aircraft & Aerospace Energy Related Industries Energy Related Industries (Oil & Gas, Nuclear, Wind-power) (Oil & Gas, Nuclear, Wind-power) High Tech Components High Tech Components (Electronics, Communications, and Medical) (Electronics, Communications, and Medical) High Precision Job Shops High Precision Job Shops (including Automotive) (including Automotive) Elliott Matsuura Canada Inc. 60+ Years Servicing Canadian industries

11. Elliott’s Marketing Strategy Provide the highest level of service and support in the industry. Provide the highest level of service and support in the industry. Provide world class products from leading machine tool builders. Provide world class products from leading machine tool builders. Provide complementary products to a wide Provide complementary products to a wide range of manufacturing sectors. range of manufacturing sectors. Offer fair pricing reflecting high product quality/productivity at affordable pricing, made possible through creative financing. Offer fair pricing reflecting high product quality/productivity at affordable pricing, made possible through creative financing. Increase sales and market share through product synergy and product diversification. Elliott is a Full Solutions Company. Increase sales and market share through product synergy and product diversification. Elliott is a Full Solutions Company. 60+ Years Servicing Canadian industries

12. Advantages – Why buy from Elliott? Financially Strong Ownership - Matsuura Financially Strong Ownership - Matsuura (Matsuura has been in business since 1935. Healthy company) (Matsuura has been in business since 1935. Healthy company) Strong Balance Sheet with a Profitable Record - Elliott Strong Balance Sheet with a Profitable Record - Elliott (Elliott has been in business since 1950. Customer Support) (Elliott has been in business since 1950. Customer Support) Solutions Company - Professional Needs Analysis Solutions Company - Professional Needs Analysis (4 Product Mgrs, 8 Applications Eng, 22 Service Techs) (4 Product Mgrs, 8 Applications Eng, 22 Service Techs) Improved Productivity – Machine Technology Improved Productivity – Machine Technology (12 Brands of Suppliers with Highly Efficient Machine Tools) Renowned Customer Support – 30 Technical People (50% of all Elliott Staff are Applications and Service Engineers) Renowned Customer Support – 30 Technical People (50% of all Elliott Staff are Applications and Service Engineers) Precision Equipment from all our Suppliers = Quality Precision Equipment from all our Suppliers = Quality Reliability and Machine Longevity = Value Retention Reliability and Machine Longevity = Value Retention Elliott Matsuura Canada Inc. 60+ Years Servicing Canadian industries

13. A Tour of Elliott’s Facility Lobby & Reception Boardroom Training Room Application Department Sales & Administration Service Department 60+ Years Servicing Canadian industries

14. Zeiss CMM Room Parts Department Spare Parts Accessories Warehouse - East Warehouse - West A Tour of Elliott’s Facility 60+ Years Servicing Canadian industries

15. Annual Open House Event - Over 40 machines on display - Products from our various suppliers - Technical Seminars 60+ Years Servicing Canadian industries

16. Machine Tool Shows CMTS (Toronto) Every 2 yrs (odd years) CMTS (Toronto) Every 2 yrs (odd years) MMTS (Montreal) Every 2 yrs (even years) MMTS (Montreal) Every 2 yrs (even years) WMTS (Edmonton) Every 2 yrs (odd years) WMTS (Edmonton) Every 2 yrs (odd years) 60+ Years Servicing Canadian industries

21. Aerospace / Defense

22. Automotive

23. Communications

24. Energy / Raw Materials

25. Medical

26. High-Tech Machining Services

27. Mould-Die-Plastics

28. Thank You 2120 BUCKINGHAM ROAD, OAKVILLE, ONTARIO, L6H 5X2 TEL (905) 829-2211 FAX (905) 829-5600 Email: postmaster@elliottmachinery.com Internet: www.elliottmachinery.com ELLIOTT 60+ Years Servicing Canadian industries MATSUURA