$1,000,000

Preferred Stock

issued by

William & Scott, Inc.

The undersigned initiated this transaction and

acted as financial advisor to William & Scott, Inc.

$1,100,000

Preferred Stock

issued by

Security Holdings, Inc.

The undersigned acted as financial advisor

to Security Holdings, Inc.

$10,000,000

Maoming Tongfa Highway

Company, Ltd.

made by

China Merchants China Investment

Management Ltd.

The undersigned initiated this transaction

and acted as financial advisor to

Maoming Tongfa Highway Company, Ltd.

$14,500,000

Bank Financing

for

The Olson Company

provided by

Wells Fargo Bank

$18,000,000

Senior Subordinated Notes and

Common Stock

issued by

CareLine, Inc.

for the acquisition of

emergency medical service operations

The undersigned initiated this transaction, acted

as financial advisor to and arranged

the financing for CareLine, Inc.

$2,700,000

Series A Preferred

Convertible Stock

Collectech Systems, Inc.

We structured and negotiated this transaction

and provided $1,100,000 of the financing.

$20,550,000

Preferred Stock

$3,000,000

Common Stock

issued by

Tycom Corporation

The undersigned arranged this financing and

acted as financial advisor to Tycom Corporation.

$36,000,000

Equity Capital

for the acquisition

of two companies created to form

Integrated Aerospace Inc.

a roll up platform for

aerospace component manufactures

The undersigned introduced the institutional investor to

this transaction.

$6,700,000

Series B Preferred Stock

issued by

Financial Oxygen, Inc.

The undersigned acted as exclusive financial advisor to Financial Oxygen, Inc.

$8,000,000

Senior Financing

arranged for

AutoEXPO, Inc.

The undersigned arranged this financing and

acted as financial advisor to AutoEXPO, Inc.

A multi-national US based

insurance company

has formed a joint venture

with a major multinational

financial investor in China

The undersigned provides ongoing exclusive

strategic advisory services to the

US based insurance company

A partnership

formed by

Carlisle Enterprises, L.P.

Management

and

First Chicago Equity Capital

has acquired

Garrett Aviation Services

the general aviation hangar operations of

AlliedSignal, Inc.

The undersigned initiated this transaction

acted as financial advisor to management and

arranged the financing for this transaction.

A Private Investment Group

has acquired

Broco Incorporated

The undersigned initiated this transaction and

acted as financial advisor to Broco Incorporated.

Abacus Exchange, Inc.

has acquired

Executive Exchange, Inc.

The undersigned acted as financial advisor to Abacus Exchange, Inc.

ADC Telecommunications, Inc.

has acquired a minority interest in

Ventura Quest Corporation

The undersigned acted as financial

advisor to Ventura Quest Corporation.

Aero-design Technology, Inc.

has merged with a

wholly-owned subsidiary of

MAG Aerospace Industries, Inc.

The undersigned acted as financial advisor

to Aero-design Technology, Inc.

AMBI

has acquired

Nutrition 21, L.P.

The undersigned initiated this transaction

and acted as financial advisor to Nutrition 21, L.P.

Applied Epigenetics, Inc.

has acquired the ultrasound technology

and related assets of

Interpore International

The undersigned acted as financial

advisor to Interpore International.

Autocam Corporation

has acquired

Rehrig Manufacturing Corporation

a wholly-owned subsidiary of

Rehrig Pacific Company

The undersigned initiated this transaction and

acted as financial advisor to Rehrig Pacific Company.

BASF Corporation

a wholly-owned subsidiary of

BASF AG

has acquired

Burtin Urethane Corporation

and

Burtin Polyurethane, LLC

The undersigned initiated this transaction and acted as exclusive financial advisor to Burtin Companies

BROMAR, INC.

has merged with a wholly-owned subsidiary of

Marketing Specialist Services Co.

The undersigned acted as financial advisor and

prepared a fairness opinion to Bromar, Inc. with

respect to this transaction

CFC Aviation Services, L.P.

a limited partnership formed by

Management

First Chicago Equity Capital

and

Carlisle Enterprises, L.P.

has acquired

Garrett Aviation Services

the general aviation hangar operations of

AlliedSignal, Inc.

The undersigned initiated this transaction, acted as financial advisor to and arranged the financing for CFC Aviation Services, L.P.

Cholestech Corporation

has acquired

Health Net, Inc.

The undersigned acted as financial advisor to Cholestech Corporation in this transaction.

Crain Industries, Inc.

has acquired the

Comfort Clinic Business

of

Bio Clinic Corporation

a wholly-owned subsidiary of

Sunrise Medical Inc.

The undersigned acted as financial advisor

to Sunrise Medical Inc.

Decom Systems, Inc.

has merged with

CCI Communications, Inc.

The undersigned provided a fairness opinion and acted as financial advisor to Decom Systems, Inc.

DeRoyal Industries, Inc.

has acquired

LMB Hand Rehab Products, Inc.

a wholly-owned subsidiary of

Rehabilitation Technologies, Inc.

The undersigned acted as financial advisor to Rehabilitation Technologies, Inc.

Etronica Inc.

has sold selected

Intellectual Property

to a search company

The undersigned acted as the exclusive

financial advisor to Etronica Inc.

GPR Corporation

a new corporation

has acquired

Grover Piston Ring Division

a wholly-owned subsidiary of

The Furon Company

The undersigned initiated this transaction and

acted as financial advisor to GPR Corporation

Hancock Park Capital, L.P.

has acquired

Christie Electric Corporation

The undersigned initiated this transaction and acted

as financial advisor to Hancock Park Capital, L.P.

Henley International, Inc.

has acquired

Tru-Trac Therapy Products, Inc.

a wholly-owned subsidiary of

Sunrise Medical, Inc.

Innotrac Corporation

has acquired

UDS, Inc.

The undersigned initiated this transaction and acted

as financial advisor to UDS, Inc.

Integrated Orbital Implants, Inc.

has established a distribution relationship with

China Newtech Development and

Trade Corporation

in the

People's Republic of China

The undersigned initiated this relationship and acted as

financial advisor to Integrated Orbital Implants, Inc.

Interpore International

has established a distribution relationship with

China Newtech Development and

Trade Corporation

in the

People's Republic of China

The undersigned initiated this relationship and

acted as financial advisor to Interpore International.

Johnson Burnett Productions, Inc.

has completed a recapitalization

The undersigned assisted in the neogitations and acted as financial advisor in this transaction

Kensington Capital Corporation

has acquired

Calvert Engineering, Inc.

The undersigned initiated this transaction and

acted as financial advisor to Calvert Engineering, Inc.

MRV Communications, Inc.

has established a distribution relationship with

Torch International

in the

People's Republic of China

The undersigned initiated this relationship and acted

as financial advisor to MRV Communications, Inc.

OneNeck IT Services Corp.

has acquired the assets of

The Enterprise Resource Planning Group of

Partners Resources, Inc.

a wholly-owned subsidiary of

SCB Computer Technology, Inc.

The undersigned acted as exclusive financial advisor to OneNeck IT Services, arranged the bank financing and provided a portion of the equity.

This was a great transaction. We made lots of money for everyone.

Plaza Home Mortgage Corporation

has been acquired by

Fleet Financial Group

a unit of

Fleet National Bank, Inc.

The undersigned initiated this transaction.

Pressure Systems, Inc.

has acquired

Programmed Composites, Inc.

a wholly-owned subsidiary of

Katema, Inc.

The undersigned acted as

financial advisor to Pressure Systems, Inc.

Pressure Systems, Inc.

a new corporation

formed by

Management

and

DSV Partners

has acquired

TRW Pressure Systems, Inc.

a wholly-owned subsidiary of

TRW, Inc.

The undersigned initiated this transaction, acted as

financial advisor to and arranged the financing

for management and DSV Partners.

A Prviate Investment Group

has acquired

Broco Incorporated

The undersigned initiated this transaction and acted as financial advisor to Broco Incorporated

Rescue Rooter LLP

A wholly owned subsidiary of

The ServiceMaster Company, L.P.

has acquired

Rescue Industries, Inc.

The undersigned acted as financial advisor

to Rescue Industries, Inc.

Seacor Smit Inc.

has acquired

ERST/O'Brien's, Inc.

The undersigned acted as financial advisor

to ERST/O'Brien's, Inc.

Shanghai Genomics, Inc.

a Chinese Biopharmaceutical Company

has merged with

GNI, Ltd.

a Japanese Pharmaceutical Development Group

The undersigned initiated this transaction and acted as the financial advisor to Shanghai Genomics, Inc.

Signature Resorts, Inc.

has acquired

Marc Hotels and Resorts, Inc.

The undersigned acted as financial advisor

to Marc Hotels and Resorts, Inc.

Source Scientific Systems, Inc.

has established a distribution relationship with

China Newtech Development and Trade Corporation

in the

People's Republic of China

The undersigned initiated this relationship and acted as financial advisor to Source Scientific Systems, Inc.

SpectraCair

a joint venture between

Huntleigh/HNE and Mediq/PRN

has acquired the

Air Therapy Rental Business

of

Bio Clinic Corporation

a wholly-owned subsidiary of

Sunrise Medical, Inc.

The undersigned acted as financial advisor

to Sunrise Medical, Inc.

Tecnol Medical Products, Inc.

has acquired

Industry's Choice, Inc.

a wholly-owned subsidiary of

Rehabilitation Technologies, Inc.

The undersigned initiated this transaction and acted

as financial advisor to Rehabilitation Technologies, Inc.

Tecstar, Inc.

has sold

Demo Systems Division

to

Management

The undersigned acated as exclusive financial advisor to Tecstar, Inc.

The Nesbit Evans Group Limited

has acquired

Akron Therapy Products Limited

a wholly-owned subsidiary of

Sunrise Medical, Inc.

The undersigned initiated this transaction and

acted as financial advisor to Sunrise Medical, Inc.

Triconex Corporation

has established a distribution relationship with

China Newtech Development and

Trade Corporation

in the

People's Republic of China

Union Oil Company of California

has sold its wholly owned subsidiary

ERST, Inc.

to

Management

The undersigned acted as financial advisor

to Management

WATV Inc.

has sold a minority interest

to

Werner Telesport, LLC

The undersigned acted as the

exclusive financial advisor to WATV Inc.

West Corporation

has acquired

Tel Mark Sales, Inc.

The undersigned initiated this transaction and acted as financial advisor to West Corporation

Woodbine Optical Corp.

has acquired

Solos Endoscopy, Inc.

a wholly-owned subsidiary of

Birtcher Medical Systems, Inc.

The undersigned initiated this transaction and acted

as financial advisor to Birtcher Medical Systems, Inc.