2012 SMID-West Conference Book

CONFERENCE HOTEL MAP
Room Company Room Company Room Company
Clark
1 Agnico
-‐
Eagle
Mines
Ltd. Montrose
1 Mercantile
Bank
Corporation Sandburg
2 Spartan
Motors,
Inc.
Clark
2 CTS
Corporation Montrose
2 Orion
Energy
Systems,
Inc. Sandburg
3 Summit
Hotel
Properties,
Inc.
Clark
3 Delta
Apparel,
Inc. Montrose
3 Perceptron,
Inc. Sandburg
4 Telular
Corporation
Clark
5 Duluth
Metals
Limited Montrose
4 R.G.
Barry
Corporation Sandburg
5 Thomas
Properties
Group,
Inc.
Clark
7 Harte
-‐
Hanks,
Inc. Montrose
5 Schawk,
Inc. Sandburg
6 Titan
International
Inc.
Clark
8 Kratos
Defense
&
Security
Solutions,
Inc. Sandburg
7 XPO
Logistics,
Inc.
Clark
9 Local
Corporation

7th Floor - Meeting Rooms 5th Floor - Lunch (Price Room)

Elevators
to Lunch
Registration
& Breakfast

SCAN with your
smartphone to view
digital conference book.
Also available at
lambert-edwards.com/smidwest

2012 SMID-West Investor Conference, Chicago

December 12, 2012

Welcome to the 8th Annual Lambert, Edwards & Associates SMID-West Investor
Conference. We have designed this conference to introduce buyside and sellside
analysts from the Midwest and beyond to the management teams of top-performing
small- and mid-cap (SMID) companies.

As one of the nation’s leading investor relations firms, and a specialist in the small- and
mid-cap market, Lambert, Edwards & Associates (LE&A) understands the importance of
building strong relationships among investment professionals and the companies they
watch. To this end, we have designed this year’s conference to maximize time spent
with management to further cement these relationships and provide additional insight
into each company’s story. LE&A is hosting this event thanks in part to the generous
support of our sponsors, including Q4 Web Systems, PR Newswire and Roadcast®.

Thank you again for participating in the 2012 SMID-West Investor Conference. Should
you have any questions, please look for one of us at the conference or contact any of
our firm’s associates.

Sincerely,

Jeff Lambert Bob Burton
President & Managing Partner Managing Director, Financial Communications
Lambert, Edwards & Associates Lambert, Edwards & Associates
c. 616-540-8461 c. 678-576-2991
jlambert@lambert-edwards.com rburton@lambert-edwards.com

IR WEBSITE
TEMPLATES

Tell Your Story With No Restrictions
Q4 is the anti-template solution for your IR website - tell your investment story with no template restrictions. Q4 supports
any design or interactivity and comes with all your press releases, alerts, stock quotes, charts and financial data built right in.
Combined with Q4’s social media, financial and mobile app distribution, Q4 gets you in front of investors, wherever they are
on the web today.

For more info visit us at www.q4websystems.com
sales@q4websystems.com 1-877-426-7829 ext. 225

FOLLOW US

Hundreds of companies use Q4 Web Systems for their IR Websites, Social Media and Mobile Apps

www.q4websystems.com


TABLE OF CONTENTS

Sponsors ...................................................................................................................... 1
SMID-West Conference Agenda .................................................................................. 2
Attending Companies .....................................................................................................
Agnico - Eagle Mines Ltd. (NYSE:AEM) ...................................................................... 3
CTS Corporation (NYSE:CTS) ..................................................................................... 4
Delta Apparel, Inc. (NYSEMKT:DLA) ........................................................................... 5
Duluth Metals Limited (TSE:DM) .................................................................................. 6
Harte - Hanks, Inc. (NYSE:HHS) ................................................................................. 7
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) ....................................... 8
Local Corporation (NASDAQ:LOCM) ........................................................................... 9
Mercantile Bank Corporation (NASDAQ:MBWM) ....................................................... 10
Orion Energy Systems, Inc. (NYSEMKT:OESX) ........................................................ 11
Perceptron, Inc. (NASDAQ:PRCP) ............................................................................ 12
R.G. Barry Corporation (NASDAQ:DFZ) .................................................................... 13
Schawk, Inc. (NYSE:SGK) ......................................................................................... 14
Spartan Motors, Inc. (NASDAQ:SPAR) ...................................................................... 15
Summit Hotel Properties, Inc. (NYSE:INN) ................................................................ 16
Telular Corporation (NASDAQ:WRLS) ....................................................................... 17
Thomas Properties Group, Inc. (NASDAQ:TPGI)....................................................... 18
Titan International Inc. (NYSE:TWI) ........................................................................... 19
XPO Logistics, Inc. (NYSE:XPO) ............................................................................... 20
About Lambert, Edwards & Associates ..................................................................... 21


THANK YOU TO OUR SPONSORS

Q4 Web Systems (Q4) is the leader in corporate websites and social media solutions
for public companies. Hundreds of investor relations’ professionals rely on Q4 for
their IR website, social media and mobile applications. Using Q4, public companies of
all sizes increase awareness, reduce risk and build better relationships with their
investors. Through active best practice research, Q4 has earned a position at the
forefront of the investor relations market, sharing knowledge through webinars, white
papers and articles on http://www.q4blog.com.

PR Newswire (www.prnewswire.com) is the premier global provider of multimedia
platforms that enable marketers, corporate communicators, sustainability officers, public
affairs and investor relations officers to leverage content to engage with all their key
audiences. Having pioneered the commercial news distribution industry 58 years ago, PR
Newswire today provides end-to-end solutions to produce, optimize and target content —
from rich media to online video to multimedia — and then distribute content and measure
results across traditional, digital, mobile and social channels. Combining the world's largest
multi-channel, multi-cultural content distribution and optimization network with
comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises
to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of
clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific
region, and is a UBM plc company.

Roadcast® is a proprietary web-based product that enables fund managers, securities
analysts and retail investors to see and hear management discuss its company’s business
fundamentals in their own language. This ― virtual presentation‖ gives a qualitative insight to
management and provides investors a tool to supplement their quantitative investment
screening. The quality and vision of management is a key element in the investment
decision. According to market studies conducted by the NYU Stern School of Business and
Ernst & Young, financial analysts can explain 65% of what drives a stocks performance
(i.e. tangible factors); the remaining 35% is largely dependent upon less-defined intangible
factors, the most critical of which is how the Street views management, and their ability to
drive shareholder value. The ability to see management’s discussion of the company’s key
investment characteristics, value drivers, and strategic initiatives can have significant
impact on the investment decision.

1


SMID-West 2012 Conference Agenda

7:30 – 8:20 a.m. Welcome: Registration & Continental Breakfast
7th Floor

8:30 – 9:20 a.m. Meeting Session 1
7th Floor

7th Floor

7th Floor

11:30 a.m. – 12:20 p.m. Lunch
th
5 Floor, Price Room

12:30 – 1:20 p.m. Meeting Session 4
7th Floor

7th Floor

7th Floor

LE&A Onsite Contact Information

Brad Van Houte 616.308.8320 bvanhoute@lambert-edwards.com
Stephanie Hwu 248.943.8214 shwu@lambert-edwards.com
Mike Houston 480.270.4812 mhouston@lambert-edwards.com
Bob Burton 678.576.2991 rburton@lambert-edwards.com
Jeff Lambert 616.540.8461 jlambert@lambert-edwards.com
Karen Keller 616.446.4835 kkeller@lambert-edwards.com

2

PX_TO_BOOK_RATIO
PX_TO_BOOK_RATIO

AGNICO-EAGLE MINES LTD Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
#N/A 53.06 24.91 2.79 12.66 492.00 1.51
Market Cap ($MM) 9,118.3 52 Week High 11/26/2012 57.35 YTD Change 16.74
Symbol AEM EQUITY S&P Rating NR 52 Week Low 2/16/2012 31.42 YTD % Change 46.09%
Exchange New York Industry Gold Mining Shares out 11/30/2012 171.8491M SPX YTD % Chg 12.43%
9,000,000
YTD Performance
$55

6,000,000
$45

3,000,000
$35

0 $25
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Ratios Attending Management
Beta 0.65 Current Ratio 3.23 Brian Christie VP, Investor Relations
Gross Margin 37.54 Quick Ratio 1.60 Dmitry Kushnir Director, IR
ROE (LTM) -10.49 Debt/Equity 28.73
ROA (LTM) -6.94 EBIT / Interest 8.92
Per Share Overview (USD) Consensus Estimates
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 2.13 2.54 2.96
Dividends - - - - - - - 0.76 0.77 0.76
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 20.23 21.86 24.11
Financials Consensus Estimates
in millions, except per share amounts 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Revenue 75 70 91 113 121 134 162 1,935 2,041 2,262
Operating Income 0 2 1 5 7 7 5 578 722 778
Net Income 0 1 -2 2 4 4 3 358 434 515

EPS excluding Extraordinary Items (Fully Diluted) 0.01 0.06 -0.08 0.13 0.21 0.24 0.15
Average Shares Outstanding (Primary) 19.76 19.83 19.21 18.74 17.96 17.92 18.11

Company Description

Agnico-Eagle is a long established, Canadian headquartered, gold producer with operations located in Canada, Finland and Mexico, and exploration and development activities in Canada,
Finland, Mexico and the United States. The Company has full exposure to higher gold prices consistent with its policy of no forward gold sales and maintains a corporate strategy based on
increasing shareholders exposure to gold, on a per share basis. It has paid a cash dividend for 30 consecutive years.

Notes

*Data provided by Bloomberg and Lambert, Edwards & Associates

3

CTS CORP Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
905 West Boulevard North Elkhart, IN 46514 United States 9.14 26.11 1.14 10.84 0.53 1.53
Market Cap ($MM) 308.8 52 Week High 4/25/2012 11.22 YTD Change -0.06
Symbol CTS EQUITY S&P Rating #N/A N/A 52 Week Low 10/24/2012 7.66 YTD % Change -0.65%
Exchange New York Industry Electronic Compo-Misc Shares out 10/19/2012 33.78184M SPX YTD % Chg 12.43%

250,000 $12
YTD Performance
200,000

$10
150,000

100,000
$8

50,000

0 $6
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Beta 1.36 Current Ratio 2.28 Thomas Kroll Vice President & CFO
Gross Margin 18.67 Quick Ratio 1.33 Mitch Walorski Director, IR
ROE (LTM) 6.16 Debt/Equity 28.26
ROA (LTM) 3.48 EBIT / Interest 11.34
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.70 0.81 0.99
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 581 618 676
Operating Income 0 2 1 5 7 7 5 - - -
Net Income 0 1 -2 2 4 4 3 - - -


Company Description

CTS Corporation (NYSE: CTS) was founded in 1896. CTS is an innovative designer and manufacturer of sensors, actuators, electronic components and a leading provider of value-add
electronics manufacturing services (EMS). Our sensors, actuators and electronic components serve OEMs in the automotive, communications, industrial, medical, defense and aerospace
and computer markets. Our EMS operations provide specialty solutions to customers throughout the communications, defense and aerospace, industrial and medical markets. We have
manufacturing operations located throughout North America, Asia and Europe.

Notes


4

DELTA APPAREL INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
322 S Main Street Greenville, SC 29601 United States 14.17 7.96 0.83 187.23 0.24 -
Symbol DLA EQUITY S&P Rating #N/A N/A 52 Week Low 8/1/2012 12.65 YTD % Change -25.77%
Exchange NYSE MKT LLC Industry Apparel Manufacturers Shares out 9/29/2012 8.31935M SPX YTD % Chg 12.43%

250,000 $20
YTD Performance
200,000
$18

150,000
$16
100,000

$14
50,000

0 $12
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 0.85 Current Ratio 3.81 Robert Humphreys Chairman & CEO
Gross Margin 17.09 Quick Ratio 1.11
ROA (LTM) -1.03 EBIT / Interest -1.51
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 1.78 2.10 -
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 509 534 -
Net Income 0 1 -2 2 4 4 3 15 20 -


Company Description

Delta Apparel, Inc., along with its operating subsidiaries, M. J. Soffe, LLC, Junkfood Clothing Company, To The Game, LLC and Art Gun, LLC, is an international design, marketing,
manufacturing, and sourcing company that features a diverse portfolio of lifestyle branded activewear apparel and headwear, and produces high quality private label programs. The
Company specializes in selling casual and athletic products across distribution tiers and in most store types, including specialty stores, boutiques, department stores, mid-tier and mass
chains. From a niche distribution standpoint, the Company also has strong distribution at college bookstores and the U.S. military. The Company’s products are made available direct-to-
consumer on its websites at www.soffe.com, www.junkfoodclothing.com, www.saltlife.com and www.deltaapparel.com. Additional products can be viewed at www.2thegame.com and
www.thecottonexchange.com. The Company's operations are located throughout the United States, Honduras, El Salvador, and Mexico, and it employs approximately 7,200 people
worldwide. Additional information about the Company is available at www.deltaapparelinc.com.

Notes


5

DULUTH METALS LTD Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
80 Richmond Street West Suite 1500 Toronto, ON M5H 2A4 2.53 - 2.19 - - -
Market Cap ($MM) 317.4 52 Week High 12/4/2012 2.74 YTD Change 0.44
Symbol DM CN EQUITY S&P Rating #N/A N/A 52 Week Low 7/3/2012 1.40 YTD % Change 21.05%
Exchange Toronto Industry Metal-Diversified Shares out 11/30/2012 125.4366M SPTSX YTD % Chg 1.64%
4,000,000 $3
YTD Performance
3,500,000

3,000,000

2,500,000

2,000,000 $2

1,500,000

1,000,000

500,000

0 $1
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Beta 0.79 Current Ratio 19.88 Christopher Dundas Chairman & CEO
Gross Margin #N/A N/A Quick Ratio 19.57 Mara Strazdins VP of IR & Corp. Comms
ROA (LTM) -16.30 EBIT / Interest #N/A N/A
Per Share Overview (CAD) Consensus Estimates
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 (0.27) (0.11) (0.09)
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 1.13 1.15 1.09
Revenue 75 70 91 113 121 134 162 - - -
Operating Income 0 2 1 5 7 7 5 -13 -12 -12
Net Income 0 1 -2 2 4 4 3 -35 -20 -20


Company Description

Duluth Metals Limited (TSX:DM, DM.U in $US) is a Canadian company focused on developing a proposed underground mining development project in a joint venture which is 60% owned by Duluth and 40%
by Antofagasta known as the Twin Metals Minnesota Project. The project is located within the rapidly emerging Duluth Complex mining camp in northeastern Minnesota, U.S.A. The Twin Metals Minnesota
Project is amongst the world's largest Cu-Ni-PGM polymetallic sulphide deposits with contained metals (using a 0.3% Cu cut-off) of Indicated 8.0 Billion lbs copper, 2.5 Billion lbs nickel, and 12.1 Million ozs
palladium+platinum+gold (TPM) and Inferred 13.5 Billion lbs copper, 4.6 Billion lbs nickel, and 15.8 Million ozs TPM. In addition, Duluth Metals is currently drilling on approximately 40,000 acres of 100%
owned mineral interests on exploration properties adjacent to and nearby the joint venture. The primary exploration focus is for copper-nickel-PGM mineralization, similar to other known deposits in the
Duluth Complex. The exploration properties are situated at the junction of the Nickel Lake Macrodike and the South Kawishiwi Intrusion and represent a prime target area for Duluth Metals. Geological
modeling indicates that the property has the potential to host a "Voisey's Bay" type massive sulfide target.

Notes


6

HARTE-HANKS INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
9601 MC Allister Freeway Suite 610 San Antonio, TX 78216 5.39 9.14 1.00 3.88 0.42 6.31
Symbol HHS EQUITY S&P Rating #N/A N/A 52 Week Low 12/4/2012 5.18 YTD % Change -40.70%
Exchange New York Industry Direct Marketing Shares out 10/15/2012 62.77306M SPX YTD % Chg 12.43%
1,600,000 $12
YTD Performance
1,400,000

1,200,000 $10

1,000,000

800,000 $8

600,000

400,000 $6

200,000

0 $4
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Beta 0.98 Current Ratio 1.34 Doug Shepard EVP & CFO
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.58 0.59 0.58
Dividends - - - - - - - 0.34 0.34 0.34
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 800 776 732
Net Income 0 1 -2 2 4 4 3 36 37 36


Company Description

Harte-Hanks® is a worldwide direct and targeted marketing company that provides multichannel direct and digital marketing services and shopper advertising opportunities to a wide range of local, regional,
national and international consumer and business-to-business marketers. Harte-Hanks Direct Marketing helps its clients obtain insight about their customers through database and marketing analytics. Based
on that insight Harte-Hanks Direct Marketing designs, implements and executes multichannel marketing programs on behalf of its clients using direct and digital communications. Harte-Hanks Shoppers is
North America's largest owner, operator, and distributor of shopper products which bring buyers and sellers together at a local level through its proven multichannel offerings, including targeted print, digital
advertising, and classifieds. Its print publications are zoned into more than 950 separate editions and reach 11.2 million addresses each week in California and Florida. Shoppers also provide advertisers with
PowerSites™ to help small- and medium-size businesses establish a web presence and improve lead generation, PowerClick™ SEM services, and mobile distribution of their ads and coupons. For consumers,
PennySaverUSA.com™ and TheFlyer.com™ offer local online and mobile classifieds for garage sales, pets, used and new cars, real estate, as well as thousands of coupons and business listings.

Notes


7

KRATOS DEFENSE & SECURITY Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
4810 Eastgate Mall San Diego, CA 92121 United States 4.42 9.55 0.61 1.82 0.19 -
Symbol KTOS EQUITY S&P Rating B 52 Week Low 11/16/2012 4.14 YTD % Change -25.96%
Exchange NASDAQ GS Industry Aerospace/Defense Shares out 11/2/2012 56.604M SPX YTD % Chg 12.43%
4,000,000 $8
YTD Performance
3,500,000
$7
3,000,000
$6
2,500,000

2,000,000 $5

1,500,000
$4
1,000,000
$3
500,000

0 $2
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Beta 1.49 Current Ratio 1.97 Eric DeMarco President & CEO
Gross Margin 26.58 Quick Ratio 1.50 Deanna Lund EVP & CFO
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.46 0.41 0.75
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 6.40 6.95 6.88
Revenue 75 70 91 113 121 134 162 971 1,019 1,058
Net Income 0 1 -2 2 4 4 3 -25 2 8


Company Description

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States
National Security. Kratos’ core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos’ areas of
expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned
systems, cyber warfare, cyber security, information assurance, and critical infrastructure security. Kratos has primarily an engineering and technically oriented work force of approximately
4,400. The vast majority of Kratos’ work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos’ primary end customers are National Security
related agencies.

Notes


8

LOCAL CORP Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
7555 Irvine Center Drive Irvine, CA 92618 United States 2.30 - 1.43 - 0.50 -
Symbol LOCM EQUITY S&P Rating #N/A N/A 52 Week Low 9/11/2012 1.42 YTD % Change 8.49%
Exchange NASDAQ CM Industry E-Marketing/Info Shares out 10/31/2012 22.11822M SPX YTD % Chg 12.43%
1,200,000 $4
YTD Performance
1,000,000

800,000 $3

600,000

400,000 $2

200,000

0 $1
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Beta 1.17 Current Ratio 0.97 Ken Cragun CFO
Gross Margin 37.38 Quick Ratio 0.94 Janine Zanelli Sr. Director, IR
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.01 0.20 -
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 100 114 135
Net Income 0 1 -2 2 4 4 3 1 3 -


Company Description

Local Corporation (NASDAQ:LOCM) is a leading national online media company that connects merchants and consumers. Using our powerful technology platforms, we provide a host of
innovative business solutions including digital marketing products and tools such as local business and product search, mobile, SEO, web hosting, social media and daily deals—all to help
merchants grow their business. Our media services enable our partners to create rich media and other display ads that reach their target audiences with unparalleled effectiveness. Plus,
our consumer properties, including the flagship Local.com website, Spreebird.com and a network of over 1,000 regional media sites, help more than a million consumers find the products
and services they need every single a day.

Notes


9

MERCANTILE BANK CORP Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
310 Leonard Street NW Grand Rapids, MI 49504 United States 14.67 3.40 0.88 - 1.81 2.45
Symbol MBWM EQUITY S&P Rating #N/A N/A 52 Week Low 12/7/2011 9.25 YTD % Change 50.46%
Exchange NASDAQ GS Industry Commer Banks-Central US Shares out 11/8/2012 8.63859M SPX YTD % Chg 12.43%
1,500,000 $20
YTD Performance
1,300,000
$18
1,100,000
$16
900,000

700,000 $14

500,000
$12
300,000
$10
100,000

-100,000
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012$8

Volume Price

Beta 0.75 Current Ratio #N/A N/A Michael Price President & CEO
Gross Margin #N/A N/A Quick Ratio #N/A N/A Charles Christmas Senior VP, CFO & Treasurer
ROA (LTM) 2.78 EBIT / Interest #N/A N/A
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 1.28 1.36 1.40
Dividends - - - - - - - 0.06 0.35 0.24
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 16.98 17.85 -
Revenue 75 70 91 113 121 134 162 55 55 56
Net Income 0 1 -2 2 4 4 3 9 11 10


Company Description

Mercantile Bank Corporation is the bank holding company for Mercantile Bank of Michigan. Founded in 1997 to provide banking services to businesses, individuals and governmental units,
the Bank differentiates itself on the basis of service quality and the expertise of its banking staff. Mercantile has seven full-service banking offices in Grand Rapids, Holland and Lansing,
Michigan. Mercantile Bank Corporation’s common stock is listed on the NASDAQ Global Select Market under the symbol “MBWM.”

Notes


10

ORION ENERGY SYSTEMS INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
2210 Woodland Drive Manitowoc, WI 54220 United States 1.27 - 0.38 - 0.34 -
Symbol OESX EQUITY S&P Rating #N/A N/A 52 Week Low 11/16/2012 1.15 YTD % Change -56.95%
Exchange NYSE MKT LLC Industry Lighting Products&Sys Shares out 11/7/2012 20.13562M SPX YTD % Chg 12.43%
1,000,000 $4
900,000
YTD Performance
800,000
700,000
$3
600,000
500,000
400,000
$2
300,000
200,000
100,000
0 $1
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 0.73 Current Ratio 2.96 John Scribante CEO
Gross Margin 29.87 Quick Ratio 1.90 Scott Jensen CFO
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 (0.03) 0.05 -
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 99 117 -
Operating Income 0 2 1 5 7 7 5 -6 6 -
Net Income 0 1 -2 2 4 4 3 -6 2 -


Company Description

Orion is a leading power technology enterprise that designs, manufactures and deploys energy management systems – consisting primarily of high-performance, energy efficient interior
and exterior lighting platforms, intelligent wireless control systems and direct renewable solar technology for commercial and industrial customers – without compromising their quantity
or quality of light. An industry leader since 2001, Orion has retrofitted over 1.2 billion square feet of their customers’, including 144 of the Fortune 500. They have completed over 8,200
projects which have saved their customers approximately $1.6 billion in energy costs, reducing energy demand by over 700 MW since 2001. Orion’s energy management systems provide a
unique and comprehensive solution to reduce customers’ lighting–related electricity costs, while also permanently reducing base and peak load electricity demand from utilities.

Notes


11

PERCEPTRON INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
47827 Halyard Drive Plymouth, MI 48170-2461 United States 5.71 12.41 0.94 6.47 0.77 -
Symbol PRCP EQUITY S&P Rating #N/A N/A 52 Week Low 1/12/2012 4.08 YTD % Change 25.12%
Exchange NASDAQ GM Industry Commercial Services Shares out 11/7/2012 8.50058M SPX YTD % Chg 12.43%
400,000 $7
YTD Performance
350,000

300,000 $6

250,000

200,000 $5

150,000

100,000 $4

50,000

0 $3
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 0.47 Current Ratio 3.47 Jack Lowry VP & CFO
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.38 0.44 0.45
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 - - -
Net Income 0 1 -2 2 4 4 3 - - -


Company Description

Perceptron develops, produces, and sells non-contact measurement and inspection solutions for industrial applications. The Company’s products provide solutions for manufacturing
process control as well as sensor and software technologies for non-contact measurement, scanning, and inspection applications. Automotive and manufacturing companies throughout
the world rely on Perceptron’s metrology solutions to help them manage their complex manufacturing processes to improve quality, shorten product launch times and reduce overall
manufacturing costs. The Company also offers Value Added Services such as training and customer support services. Headquartered in Plymouth, Michigan, Perceptron has approximately
220 employees worldwide, with operations in the United States, Germany, France, Spain, Brazil, Japan, Singapore, China and India. For more information, please visit
www.perceptron.com.

Notes


12

BARRY (R.G.) Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
#N/A Requesting Data... Pickerington, OH 43147 United States 14.60 12.07 2.06 6.60 1.07 2.47
Symbol DFZ EQUITY S&P Rating #N/A N/A 52 Week Low 4/4/2012 11.23 YTD % Change 20.86%
Exchange NASDAQ GM Industry Footwear&Related Apparel Shares out 11/7/2012 11.26468M SPX YTD % Chg 12.43%
400,000 $20
YTD Performance
350,000
$18
300,000

250,000 $16
200,000

150,000 $14

100,000
$12
50,000

0 $10
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 1.04 Current Ratio 3.48 Jose Ibarra CFO & Sr. VP Finance
Gross Margin 43.07 Quick Ratio 2.41 Roy Youst Director, IR
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 1.29 1.56 -
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 - - -
Net Income 0 1 -2 2 4 4 3 - - -


Company Description
RG Barry Brands develop and market great accessories brands and fashionable, solution-oriented products that make life better. Our brands are sold by retailers everywhere under a growing family of
proprietary labels, including: Dearfoams®, the world’s best-known slipper brand; Foot Petals®, solution-orientated foot care and shoe care products; and baggallini® fashionable and functional handbags,
totes and travel accessories. We also supply exclusive private label products to some of the world’s finest retailers. Based upon more than 65 years of excellence in designing, sourcing and marketing
accessories products, RG Barry Brands has a reputation as an industry leader. We own approximately 30% of the North American slipper market and manage the replenishment slipper businesses for key
retailers. Our handbag and comfort insert businesses have legacies of consistent double digit growth and strong profitability. Our strengths translate into consistent top-quartile corporate performance
demonstrated as products and services that meet or beat sales and profit objectives for retailing partners; superior quality, value and function in great solution-oriented products for consumers; an exciting,
enjoyable and rewarding place for our Team Members to work; and increasing returns in the form of growing equity and cash dividends for our shareholders. For its fiscal year ended June 30, 2012, the
Company reported net earnings of $14.5 million, or $1.27 per diluted share, up 93.7% when compared to one year earlier; and a year-over-year net sales increase of 20% to $155.9 million. Additionally, cash
and short-term investments were 69.1% higher than one year prior at $41.7 million; consolidated inventory was at $21.1 million, down from $25.5 million at the end of fiscal 2011; net shareholders’ equity
rose to $74.4 million from $62.5 million one year prior; and long-term debt totaled $20.4 million, down from $24.6 million at fiscal year-end 2011. Our growth strategy is built upon the premise of investing
in and intelligently growing our existing business units both domestically and internationally, while seeking out and executing category appropriate acquisitions that meet our strict acquisition criteria. RG
Barry Brands is based in the Columbus, Ohio suburb of Pickerington. The Company has been publicly traded since 1962, and its shares are principally traded on the NASDAQ Global Market under the trading
symbol DFZ.

Notes


13

SCHAWK INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
1695 South River Road Des Plaines, IL 60018 United States 12.57 25.65 1.22 8.70 0.70 2.55
Symbol SGK EQUITY S&P Rating #N/A N/A 52 Week Low 3/7/2012 10.51 YTD % Change 12.13%
Exchange New York Industry Data Processing/Mgmt Shares out 10/24/2012 26.06334M SPX YTD % Chg 12.43%
180,000 $15
YTD Performance
160,000

140,000 $14

120,000
$13
100,000

80,000
$12
60,000

40,000 $11
20,000

0 $10
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 1.74 Current Ratio 1.53 Tim Cunningham EVP & CFO
Gross Margin 35.80 Quick Ratio 1.09 Tim Allen Corporate VP, IR
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.51 0.79 1.41
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 459 483 505
Net Income 0 1 -2 2 4 4 3 - - -


Company Description

Schawk, Inc. is a leading provider of brand development and deployment services, enabling companies of all sizes to connect their brands with consumers. With a global footprint of
operations in 26 countries, Schawk helps companies create compelling and consistent brand experiences by providing integrated strategic, creative and executional services across brand
touchpoints. Founded in 1953, Schawk is trusted by many of the world’s leading organizations to help them achieve global brand consistency.

Notes


14

SPARTAN MOTORS INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
1541 Reynolds Road Charlotte, MI 48813 United States 4.79 29.94 0.89 8.76 0.35 2.09
Symbol SPAR EQUITY S&P Rating #N/A N/A 52 Week Low 5/23/2012 4.01 YTD % Change -0.42%
Exchange NASDAQ GS Industry Auto/Trk Prts&Equip-Orig Shares out 10/31/2012 33.82672M SPX YTD % Chg 12.43%
700,000 $7
YTD Performance
600,000

$6
500,000

400,000
$5
300,000

200,000
$4

100,000

0 $3
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 1.24 Current Ratio 2.96 Joe Nowicki CFO
Gross Margin 14.64 Quick Ratio 1.42 Greg Salchow Director, IR & Treasury
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.17 0.26 0.43
Dividends - - - - - - - 0.10 0.10 -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 5.20 5.20 -
Revenue 75 70 91 113 121 134 162 459 481 528
Net Income 0 1 -2 2 4 4 3 5 8 13


Company Description

Spartan Motors (Nasdaq: SPAR) designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and after-market parts for the outdoor recreation, emergency response, defense,
delivery and service and specialty markets. The Company employs a Customer-Centric methodology that fosters innovation, speed and agility. As a result, Spartan Motors, Inc. (Spartan Motors) products and
vehicles set the bar for excellence in every market it serves. Spartan Motors is the parent company serving multiple markets with three brands known for performance and being first to market with
innovative products. Spartan Chassis- A leader in the design and production of custom chassis for motorhomes, emergency response, defense and specialty vehicles, consistently superior performance,
exceptional safety ratings and technological innovations distinguish it in the industry. Spartan ERV- Designs and builds custom and commercial ER apparatus to offer first responders the industry’s broadest
line of pumpers, aerials, heavy-duty tankers, quick attack (urban interface / wildland) and light-duty rescue vehicles for service in urban, suburban or rural environments. Utilimaster- A leading manufacturer
of walk-in vans and commercial truck bodies offering customized delivery solutions for a broad range of industries including baking, linen, parcel delivery, snack food, uniform and utility customers.

Notes


15

SUMMIT HOTEL PROPERTIES INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
2701 South Minnesota Avenue Suite 6 Sioux Falls, SD 57105 8.75 - 1.06 6.21 1.48 5.14
Symbol INN EQUITY S&P Rating #N/A N/A 52 Week Low 3/16/2012 7.40 YTD % Change -7.31%
Exchange New York Industry REITS-Hotels Shares out 11/1/2012 46.15965M SPX YTD % Chg 12.43%
5,000,000 $12
4,500,000
YTD Performance
4,000,000
3,500,000
$10
3,000,000
2,500,000
2,000,000
$8
1,500,000
1,000,000
500,000
0 $6
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 1.21 Current Ratio #N/A N/A Dan Hansen President & CEO
Gross Margin #N/A N/A Quick Ratio #N/A N/A Stuart Becker EVP & CFO
ROE (LTM) -2.19 Debt/Equity 78.05 Dan Boyum VP, IR
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 (0.20) 0.19 0.36
Dividends - - - - - - - 0.45 0.47 0.57
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 6.79 6.39 6.13
Revenue 75 70 91 113 121 134 162 187 241 268
Net Income 0 1 -2 2 4 4 3 -7 10 21


Company Description

Summit Hotel Properties, Inc. is a self-managed hotel investment company organized to continue and expand the existing hotel investment business of the company's predecessor, Summit Hotel Properties,
LLC., a leading U.S. hotel owner. The company focuses primarily on acquiring and owning premium-branded, select-service hotels in the upscale and upper midscale segments of the U.S. lodging industry. The
company's current portfolio consists of 73 hotels with a total of 7,533 guestrooms located in 20 states. The hotels are located in markets in which the company has extensive experience and that exhibit
multiple demand generators, such as business and corporate headquarters, retail centers, airports and tourist attractions. Based on total number of rooms, approximately 57% of the portfolio is positioned in
the top 50 metropolitan statistical areas, or MSAs, and approximately 78% is located within the top 100 MSAs. Nearly 90% of the hotels operate under premium franchise brands owned by Marriott
International, Inc. (Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn by Marriott and TownePlace Suites by Marriott), Hilton Worldwide (DoubleTree, Hampton Inn,
Hampton Inn & Suites and Hilton Garden Inn), IHG (Holiday Inn Express and Staybridge Suites) and an affiliate of Hyatt Hotels Corporation (Hyatt Place).

Notes


16

TELULAR CORP Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
311 South Wacker Drive Suite 4300 Chicago, IL 60606 10.02 29.47 2.36 9.95 2.04 4.79
Symbol WRLS EQUITY S&P Rating #N/A N/A 52 Week Low 5/24/2012 7.05 YTD % Change 33.60%
Exchange NASDAQ GM Industry Wireless Equipment Shares out 7/27/2012 16.67982M SPX YTD % Chg 12.43%
3,000,000 $12
YTD Performance
2,500,000

2,000,000 $10

1,500,000

1,000,000 $8

500,000

0 $6
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 0.59 Current Ratio 1.96 Jonathan Charack CFO
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.48 0.60 -
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 97 110 -
Net Income 0 1 -2 2 4 4 3 8 11 -


Company Description

Telular Corporation (NASDAQ: WRLS) provides remote monitoring and asset tracking solutions for business and residential customers, enabling security systems and industrial applications
to exchange actionable information wirelessly, typically through cellular and satellite technology. With over 25 years of experience in the wireless industry, Telular Corporation has
developed solutions to deliver remote access for voice and data without significant network investment. Headquartered in Chicago, Telular Corporation has additional offices in Atlanta,
Washington, D.C., and Miami. For more information, please visit www.telular.com.

Notes


17

THOMAS PROPERTIES GROUP Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
515 South Flower Street Sixth Floor Los Angeles, CA 90071 5.31 27.95 1.63 12.97 2.42 1.51
Symbol TPGI EQUITY S&P Rating #N/A N/A 52 Week Low 12/9/2011 3.05 YTD % Change 59.46%
Exchange NASDAQ GM Industry Real Estate Oper/Develop Shares out 11/7/2012 46.11315M SPX YTD % Chg 12.43%
5,000,000 $7
4,500,000
YTD Performance
4,000,000
$6
3,500,000
3,000,000
2,500,000 $5
2,000,000
1,500,000
$4
1,000,000
500,000
0 $3
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 1.10 Current Ratio #N/A N/A Diana Liang CFO
Gross Margin #N/A N/A Quick Ratio #N/A N/A Randy Scott EVP
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 0.13 0.22 -
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 112 160 -
Net Income 0 1 -2 2 4 4 3 -11 0 -


Company Description

Thomas Properties Group, Inc., based in Los Angeles, is a full-service real estate company that owns, acquires, develops and manages primarily office, as well as mixed-use and residential
properties on a nationwide basis. The company's primary areas of focus are the acquisition and ownership of premier properties, both on a consolidated basis and through its strategic
joint ventures, property development and redevelopment, and property management and leasing activities.

Notes


18

TITAN INTERNATIONAL INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
2701 Spruce Street Quincy, IL 62301 United States 21.18 9.90 1.81 3.67 0.52 0.09
Market Cap ($MM) 1,011.2 52 Week High 5/3/2012 29.95 YTD Change 1.72
Symbol TWI EQUITY S&P Rating B+ 52 Week Low 9/26/2012 16.86 YTD % Change 8.84%
Exchange New York Industry Auto/Trk Prts&Equip-Orig Shares out 10/22/2012 47.74108M SPX YTD % Chg 12.43%
3,500,000 $30
YTD Performance
3,000,000

$25
2,500,000

2,000,000
$20
1,500,000

1,000,000
$15

500,000

0 $10
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price

Beta 2.02 Current Ratio 3.21 Paul Reitz CFO
Gross Margin 15.61 Quick Ratio 1.81 Krista Gray IR & Treasury Manager
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 2.23 2.72 3.60
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 - - -
Revenue 75 70 91 113 121 134 162 1,847 2,326 3,165
Net Income 0 1 -2 2 4 4 3 119 151 210


Company Description

Titan International (NYSE: TWI) owns subsidiaries that manufacture wheels, tires and assemblies primarily for off-highway equipment used in agricultural, earthmoving/construction and
consumer (including all terrain vehicles) applications. Titan has become the leading manufacturer in the off-highway industry. The Company produces a broad range of unique products
that meet the specifications of original equipment manufacturers (OEM) and aftermarket customers in these markets.

Notes


19

XPO LOGISTICS INC Price (as of 12/6/12) P/E P/B P/EBITDA P/S Curr Yield
5 Greenwich Office Park Greenwich, CT 06831 United States 15.71 - 1.33 - 0.92 -
Symbol XPO EQUITY S&P Rating #N/A N/A 52 Week Low 12/20/2011 11.06 YTD % Change 27.21%
Exchange New York Industry Transport-Services Shares out 11/6/2012 17.92179M SPX YTD % Chg 12.43%
6,000,000 $20
YTD Performance
5,000,000
$18

4,000,000
$16
3,000,000
$14
2,000,000

$12
1,000,000

0 $10
1/3/2012 2/3/2012 3/3/2012 4/3/2012 5/3/2012 6/3/2012 7/3/2012 8/3/2012 9/3/2012 10/3/2012 11/3/2012 12/3/2012

Volume Price
Beta 1.43 Current Ratio 6.17 Scott Malat Chief Strategy Officer
FY 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Earnings 0.01 0.06 (0.08) 0.13 0.21 0.25 0.16 (1.34) (0.75) 0.47
Dividends - - - - - - - - - -
Book Value 1.51 1.48 1.37 1.59 1.80 2.06 2.23 13.54 11.34 8.21
Revenue 75 70 91 113 121 134 162 280 779 1,550
Operating Income 0 2 1 5 7 7 5 -26 -6 41
Net Income 0 1 -2 2 4 4 3 -20 -12 20


Company Description

XPO Logistics, Inc. is a non-asset based, third-party logistics provider of freight transportation services that uses a network of relationships with ground, sea and air carriers to find the best
transportation solutions for its customers. The company offers its services through three distinct business units: freight brokerage; expedited transportation (Express-1, Inc.); freight
forwarding (Concert Group Logistics, Inc.). XPO Logistics serves more than 7,000 retail, commercial, manufacturing and industrial customers through 30 U.S. branches and 23 agent
locations.

Notes


20


About Lambert, Edwards & Associates
Established in 1998, Lambert, Edwards & Associates (LE&A) has a CAGR of
21.32% and now serves more than 100 clients in 20 states and five countries.
We have achieved this with a team of national caliber talent who are continually
focused on positively impacting clients and their businesses, the communities we
serve and the individuals we counsel. With this commitment firmly in place, we’ve
emerged as a top-20 investor relations agency nationally and a leader in small-
and mid-cap IR.

LE&A is a strategic advisory practice specializing in investor relations (IR),
corporate communications, public relations (PR) and market research. Our
approach to investor relations emphasizes solutions for the unique needs of each
client – our custom IR programs are designed with the long-term strategic
objectives of the company in mind. In addition to securing results for its clients,
LE&A has also earned national recognition for its efforts, including the 2007
Silver Anvil – the “Oscar” of the industry – for Small-Cap IR Program of the Year
and the 2011 Bulldog “Best Integration of IR and PR” award.

Equipped with a team of seasoned industry professionals from a variety of Wall
Street, corporate and agency backgrounds, our clients receive informed counsel
from individuals with first-hand expertise and a broad array of industry
experience. Our team includes senior staff with decades of experience who are
actively involved in the daily activities and project execution for all clients.

For more information: www.lambert-edwards.com

21

2012 SMID-West Conference Book

2012 SMID-West Conference Book

More Related Content

Viewers also liked

Similar to 2012 SMID-West Conference Book

2012 SMID-West Conference Book