Elliott-Matsuura Canada Inc 2120 BUCKINGHAM ROAD OAKVILLE ONTARIO

Elliott-Matsuura Canada Inc. 2120 BUCKINGHAM ROAD, OAKVILLE, ONTARIO, L 6 H 5 X 2 TEL (905) 829 -2211 FAX (905) 829 -5600 Email: postmaster@elliottmachinery. com Internet: www. elliottmachinery. com

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

100 Years History of Elliott n 1973 n 1975 n 1981 (Aug) 1981 (Sep) n 1985 n Elliott Canada is one of the first Canadian companies to sell NC machines. Elliott’s Special Machine Tool Group begins to offer Canadian “designed & built” special equipment for the Canadian market. Erwin Fischer resigns as President. 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. Elliott 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:

100 Years History of Elliott n n n 1985 (con’t) Agie, Matsuura, Nakamura, Correa, Tacchi, and later Zeiss. 1988 B. Elliott Group sells its Canadian subsidiary to one of its main suppliers: Matsuura Japan 1992 Elliott purchases 3 acres of land in Oakville and in October 1993 moves into its new, employee designed, 34, 000 sq. ft. building. 1997 Elliott Machinery Canada Inc changes its name to Elliott Matsuura Canada Inc. (EMCI) 2009 Michael 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.

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

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

Elliott Matsuura Canada Inc. 32, 000 sq. ft. building with showroom and warehouse 3 acre property with room for expansion 60+Years Servicing Canadian industries 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 Organizational Chart 60+ Years Servicing Canadian industries President Frank Haydar Executive VP V. D’Alessio (8) Application Eng (3) Product Managers (3) Internal Sales VP Sales & Marketing F. Bolieiro (8) Sales Reps (Ont. & Que) (1) Zeiss Product Manager (2) Zeiss Application Eng (1) West Sales Manager (T. Scoffield) Comptroller Pam Kingston (2) Accounting (4) Administration Total 65 Employees VP Engineering Y. Juvet (4) Service Eng. (PQ) (3) Service Eng. (W) (15) Service Eng. (Ont. ) (2) Spare Parts (2) Tele support (2) Warehouse

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

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

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

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

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

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

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

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

60+ Years Servicing Canadian industries

Aerospace / Defense

Automotive

Communications

Energy / Raw Materials

Medical

High-Tech Machining Services

Mould-Die-Plastics

MATSUURA ELLIOTT 60+ Years Servicing Canadian industries Thank You 2120 BUCKINGHAM ROAD, OAKVILLE, ONTARIO, L 6 H 5 X 2 TEL (905) 829 -2211 FAX (905) 829 -5600 Email: postmaster@elliottmachinery. com Internet: www. elliottmachinery. com