Alder Capital Partners I,

L.P.

Fund Investment Objectives

The investment professionals at Alder Capital pursue a rigorous and systematic investment methodology focused primarily, but not exclusively, on the identification of public companies that are afflicted with short-term operating problems, or are perceived by investors to have substantial risk of developing such difficulties. As a result, target companies invariably have experienced inordinate price declines that create compelling investment opportunities. Our process of analysis and due diligence centers on seeking specific information on target companies which will allow us to make a reasonable determination of whether: 1) the identified problem or problems can be rectified in a reasonable period of time; or 2) the market perception of difficulty is unjustified or excessive.