*****************************************************************************

FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D

CURRENT PRODUCT OPERATING STATEMENT, PRODUCT 1-1, QUARTER 1 PAGE 1
*****************************************************************************

ALL REGION 1 REGION 2 REGION 3 REGION 4

REGIONS (LATIN AM) (U.S. ) (U.K. ) (EUROPE )
----------- ----------- ----------- ----------- -----------

ACTIVE PRODUCT? YES YES YES YES YES

SALES (Units) 84,999 13,558 35,905 14,996 20,540
UNFILLED ORDERS 0 0 0 0 0

PRICE 650 650 650 650 650

DEALER REBATES 0 0 0 0 0

REVENUE 55,249,350 8,812,700 23,338,250 9,747,400 13,351,000

PRODUCT COSTS 30,528,366 4,869,511 12,895,693 5,385,985 7,377,177
REBATES OFFERED 0 0 0 0 0
SALES COMMISSIONS 552,493 88,127 233,382 97,474 133,510
TRANSPORTATION 2,113,629 216,928 754,005 464,876 677,820
DUTIES & TARIFFS 1,657,718 0 466,764 389,895 801,059
----------- ----------- ----------- ----------- -----------
GROSS MARGIN 20,397,144 3,638,134 8,988,406 3,409,170 4,361,434

FIXED COSTS:
ADMINISTRAT O/H 542,710 156,734 140,816 141,704 103,456
ADVERTISING 4,000,000 1,000,000 1,000,000 1,000,000 1,000,000
PROMOTION 2,000,000 500,000 500,000 500,000 500,000
SALES SALARIES 1,500,000 375,000 375,000 375,000 375,000
SALES O/H 2,052,493 463,127 608,382 472,474 508,510
TOTAL FIXED COSTS 10,095,203 2,494,861 2,624,198 2,489,178 2,486,966
----------- ----------- ----------- ----------- -----------
OPERATING INCOME 10,301,941 1,143,273 6,364,208 919,992 1,874,468

=============================================================================

MEDIA CONTENT & MIX 1 & 55555 1 & 55555 1 & 55555 1 & 55555
PROMOTIONAL TYPE 10 10 10 10

SALES FORCE:
SIZE 50 50 50 50
TIME ALLOCATION (%s) 100 100 100 100
EFFORT 50.00 50.00 50.00 50.00
SALARY + COMMISSION 2,500 + 1 2,500 + 1 2,500 + 1 2,500 + 1

SALES VOLUME FORECAST (Units) 21,250 21,250 21,250 21,250

PRODUCT COMPOSITION 30/30/30/ 5/ 5/5/5

PRODUCTION ORDER (Units) 85,000

EMERGENCY PRODUCTION LIMIT (%) 0
RESEARCH & DEVELOPMENT 250,000

PLANT CAPACITY ORDER (Units) 0

*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
CURRENT PRODUCT OPERATING STATEMENT, PRODUCT 1-2, QUARTER 1 PAGE 2
*****************************************************************************

ALL REGION 1 REGION 2 REGION 3 REGION 4

REGIONS (LATIN AM) (U.S. ) (U.K. ) (EUROPE )
----------- ----------- ----------- ----------- -----------

ACTIVE PRODUCT? NO NO NO NO NO
SALES (Units) 0 0 0 0 0
UNFILLED ORDERS 0 0 0 0 0

PRICE 0 650 650 650 650

DEALER REBATES 0 0 0 0 0

REVENUE 0 0 0 0 0
PRODUCT COSTS 0 0 0 0 0
REBATES OFFERED 0 0 0 0 0
SALES COMMISSIONS 0 0 0 0 0
TRANSPORTATION 0 0 0 0 0
DUTIES & TARIFFS 0 0 0 0 0
----------- ----------- ----------- ----------- -----------
GROSS MARGIN 0 0 0 0 0

FIXED COSTS:
ADMINISTRAT O/H 0 0 0 0 0
ADVERTISING 0 0 0 0 0
PROMOTION 0 0 0 0 0
SALES SALARIES 0 0 0 0 0
SALES O/H 0 0 0 0 0
TOTAL FIXED COSTS 0 0 0 0 0
----------- ----------- ----------- ----------- -----------
OPERATING INCOME 0 0 0 0 0

=============================================================================

MEDIA CONTENT & MIX 1 & 55555 1 & 55555 1 & 55555 1 & 55555
PROMOTIONAL TYPE 10 10 10 10

SALES FORCE:
SIZE 50 50 50 50
TIME ALLOCATION (%s) 0 0 0 0
EFFORT .00 .00 .00 .00
SALARY + COMMISSION 2,500 + 1 2,500 + 1 2,500 + 1 2,500 + 1

SALES VOLUME FORECAST (Units) 0 0 0 0

PRODUCT COMPOSITION 30/30/30/ 5/ 5/5/5

PRODUCTION ORDER (Units) 0

EMERGENCY PRODUCTION LIMIT (%) 0
RESEARCH & DEVELOPMENT 0

PLANT CAPACITY ORDER (Units) 0

*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
CURRENT PRODUCT OPERATING STATEMENT, PRODUCT 1-3, QUARTER 1 PAGE 3
*****************************************************************************

ALL REGION 1 REGION 2 REGION 3 REGION 4

REGIONS (LATIN AM) (U.S. ) (U.K. ) (EUROPE )
----------- ----------- ----------- ----------- -----------

ACTIVE PRODUCT? NO NO NO NO NO
SALES (Units) 0 0 0 0 0
UNFILLED ORDERS 0 0 0 0 0

PRICE 0 650 650 650 650

DEALER REBATES 0 0 0 0 0

REVENUE 0 0 0 0 0
PRODUCT COSTS 0 0 0 0 0
REBATES OFFERED 0 0 0 0 0
SALES COMMISSIONS 0 0 0 0 0
TRANSPORTATION 0 0 0 0 0
DUTIES & TARIFFS 0 0 0 0 0
----------- ----------- ----------- ----------- -----------
GROSS MARGIN 0 0 0 0 0

FIXED COSTS:
ADMINISTRAT O/H 0 0 0 0 0
ADVERTISING 0 0 0 0 0
PROMOTION 0 0 0 0 0
SALES SALARIES 0 0 0 0 0
SALES O/H 0 0 0 0 0
TOTAL FIXED COSTS 0 0 0 0 0
----------- ----------- ----------- ----------- -----------
OPERATING INCOME 0 0 0 0 0

=============================================================================

MEDIA CONTENT & MIX 1 & 55555 1 & 55555 1 & 55555 1 & 55555
PROMOTIONAL TYPE 10 10 10 10

SALES FORCE:
SIZE 50 50 50 50
TIME ALLOCATION (%s) 0 0 0 0
EFFORT .00 .00 .00 .00
SALARY + COMMISSION 2,500 + 1 2,500 + 1 2,500 + 1 2,500 + 1

SALES VOLUME FORECAST (Units) 0 0 0 0

PRODUCT COMPOSITION 30/30/30/ 5/ 5/5/5

PRODUCTION ORDER (Units) 0

EMERGENCY PRODUCTION LIMIT (%) 0
RESEARCH & DEVELOPMENT 0

PLANT CAPACITY ORDER (Units) 0

*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
CURRENT DIVISIONAL OPERATING STATEMENT, FIRM 1, QUARTER 1 PAGE 4
*****************************************************************************

ALL PRODUCT PRODUCT PRODUCT

PRODUCTS 1-1 1-2 1-3
----------- ----------- ----------- -----------

SALES (Units) 84,999 84,999 0 0

UNFILLED ORDERS 0 0 0 0

PRICE 650 650 0 0

DEALER REBATES 0 0 0 0

REVENUE 55,249,350 55,249,350 0 0

PRODUCT COSTS 30,528,366 30,528,366 0 0
REBATES OFFERED 0 0 0 0
SALES COMMISSIONS 552,493 552,493 0 0
TRANSPORTATION 2,113,629 2,113,629 0 0
DUTIES & TARIFFS 1,657,718 1,657,718 0 0
----------- ----------- ----------- -----------
GROSS MARGIN 20,397,144 20,397,144 0 0

FIXED COSTS:
ADMINISTRAT O/H 542,710 542,710 0 0
ADVERTISING 4,000,000 4,000,000 0 0
CONSULTING FEES 0
CORPORATE O/H 250,000
DEPRECIATION 1,912,499
DISPOSAL SALES 0 0 0 0
EMERG PREMIUMS 0 0 0 0
INTRODUCTIONS 0 0 0 0
INVENTORY CHARG 9 9 0 0
MARKET RESEARCH 0
PROD ORDER COST 100,000 100,000 0 0
PROMOTION 2,000,000 2,000,000 0 0
REFORMULATIONS 0 0 0 0
RESEARCH & DEV 250,000 250,000 0 0
SALES EXPENSES 0
SALES SALARIES 1,500,000 1,500,000 0 0
SALES O/H 2,052,493 2,052,493 0 0
TOTAL FIXED COSTS 12,607,711 10,445,212 0 0
----------- ----------- ----------- -----------
OPERATING INCOME 7,789,433 9,951,932 0 0
----------- ----------- ----------- -----------
NON-OPERAT INCOME 0
LESS: TAXES 3,894,716
===========
NET INCOME 3,894,717
===========
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
CUMULATIVE DIVISIONAL OPERATING STATEMENT, FIRM 1, QUARTER 1 PAGE 5
*****************************************************************************

ALL PRODUCT PRODUCT PRODUCT

PRODUCTS 1-1 1-2 1-3
----------- ----------- ----------- -----------

SALES (Units) 84,999 84,999 0 0

UNFILLED ORDERS 0 0 0 0

PRICE 650 650 0 0

DEALER REBATES 0 0 0 0

REVENUE 55,249,350 55,249,350 0 0

PRODUCT COSTS 30,528,366 30,528,366 0 0
REBATES OFFERED 0 0 0 0
SALES COMMISSIONS 552,493 552,493 0 0
TRANSPORTATION 2,113,629 2,113,629 0 0
DUTIES & TARIFFS 1,657,718 1,657,718 0 0
----------- ----------- ----------- -----------
GROSS MARGIN 20,397,144 20,397,144 0 0

FIXED COSTS:
ADMINISTRAT O/H 542,710 542,710 0 0
ADVERTISING 4,000,000 4,000,000 0 0
CONSULTING FEES 0
CORPORATE O/H 250,000
DEPRECIATION 1,912,499
DISPOSAL SALES 0 0 0 0
EMERG PREMIUMS 0 0 0 0
INTRODUCTIONS 0 0 0 0
INVENTORY CHARG 9 9 0 0
MARKET RESEARCH 0
PROD ORDER COST 100,000 100,000 0 0
PROMOTION 2,000,000 2,000,000 0 0
REFORMULATIONS 0 0 0 0
RESEARCH & DEV 250,000 250,000 0 0
SALES EXPENSES 0
SALES SALARIES 1,500,000 1,500,000 0 0
SALES O/H 2,052,493 2,052,493 0 0
TOTAL FIXED COSTS 12,607,711 10,445,212 0 0
----------- ----------- ----------- -----------
OPERATING INCOME 7,789,433 9,951,932 0 0
----------- ----------- ----------- -----------
NON-OPERAT INCOME 0
LESS: TAXES 3,894,716
===========
NET INCOME 3,894,717
===========
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
DIVISIONAL BALANCE SHEET, FIRM 1, QUARTER 1 PAGE 6
*****************************************************************************

ASSETS
------
CASH 4,419,947
MARKETABLE SECURITIES 35,725,160
FINISHED GOODS INVENTORY:
PRODUCT 1-1 ( 1 Units) [$ 360.00 Per Unit] 360
PRODUCT 1-2 ( 0 Units) [$ .00 Per Unit] 0
PRODUCT 1-3 ( 0 Units) [$ .00 Per Unit] 0
PLANT {located in Region 1 (LATIN AM)}:
CURRENT PLANT [CAPACITY = 84,999] 63,749,250
PLANT ON ORDER FOR 1 QUARTER HENCE [CAPACITY = 0] 0
TOTAL ASSETS 103,894,717

LIABILITIES AND EQUITY

----------------------
LOANS 0
INITIAL (QUARTER 0) CORPORATE CAPITALIZATION 100,000,000
- DIVIDENDS PAID, PRIOR TO THIS YEAR 0
- DIVIDENDS PAID, END OF QUARTER 1 OF THIS YEAR 0
- DIVIDENDS PAID, END OF QUARTER 2 OF THIS YEAR 0
- DIVIDENDS PAID, END OF QUARTER 3 OF THIS YEAR 0
- DIVIDENDS PAID, END OF QUARTER 4 OF THIS YEAR 0
+ RETAINED EARNINGS (AFTER-TAX INCOME PRIOR TO THIS YEAR) 0
+ YEAR-TO-DATE EARNINGS (AFTER-TAX INCOME THIS YEAR) 3,894,717
TOTAL LIABILITIES AND EQUITY 103,894,717

*****************************************************************************
FINISHED GOODS INVENTORY TRANSACTIONS, FIRM 1, QUARTER 1 PAGE 6
*****************************************************************************

PRODUCT PRODUCT PRODUCT

1-1 1-2 1-3
--------- --------- ---------

BEGINNING INVENTORY 0 0 0
+ PRODUCTION 85,000 0 0
+ EMERGENCY PRODUCTION 0 0 0
= AVAILABLE FOR SALE 85,000 0 0
- SALES
REGION 1 (LATIN AM) -13,558 0 0
REGION 2 (U.S. ) -35,905 0 0
REGION 3 (U.K. ) -14,996 0 0
REGION 4 (EUROPE ) -20,540 0 0
= ENDING INVENTORY 1 0 0
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
CASH FLOW ANALYSIS REPORT, FIRM 1, QUARTER 1 PAGE 7
*****************************************************************************

STARTING "CASH" BALANCE (FINAL "CASH" BALANCE, QUARTER 0) 100,000,000

+ "MARKETABLE SECURITIES" (CONVERTED TO "CASH" IN QUARTER 1) 0
- "LOANS" (LIQUIDATED DURING QUARTER 1) 0
+ "FINISHED GOODS INVENTORY" INVESTMENT CHANGES
PRODUCT 1-1 (From 0 To 360) -360
PRODUCT 1-2 (From 0 To 0) 0
PRODUCT 1-3 (From 0 To 0) 0
+ "PLANT" INVESTMENT CHANGE (From 0 To 63,749,250) -63,749,250
+ "NET INCOME" 3,894,717
= INITIAL END-OF-QUARTER "CASH" BALANCE 40,145,107
- "DIVIDENDS" (PAID AT END OF QUARTER 1) 0
= ACTUAL "CASH" BALANCE (END OF QUARTER 1) 40,145,107
- OPERATING "CASH" EXCESS (TO "MARKETABLE SECURITIES") -35,725,160
+ OPERATING "CASH" DEFICIT (FROM "LOANS") 0
= FINAL "CASH" BALANCE (END OF QUARTER 1) 4,419,947

*** NOTES ***

(1) "MARKETABLE SECURITIES" and "LOANS" in the second and third lines above
refer to the values on last quarter's balance sheet.
(2) INVESTMENT CHANGEs can be positive, negative, or zero. A positive
(negative) {zero} INVESTMENT CHANGE corresponds to an increase (a
decrease) {no change} in the dollar value of the investment from last
quarter to this quarter which leads to a decrease (an increase) {no
change} in current-quarter "CASH" balance.
(3) In every quarter, plant capacity depreciates. The depreciation process
results in additions to cash, by converting investment in plant capacity
to cash which may be used for other operating and investment purposes.
The net "PLANT" INVESTMENT CHANGE includes this cash-increasing effect
as well as the cash-decreasing impact of ordering new plant capacity.
(4) At most, one of OPERATING "CASH" EXCESS and OPERATING "CASH" DEFICIT will
be non-zero; it is possible for both to be zero. Recall that "CASH" must
be between 5.0% and 8.0% of current-quarter sales revenues. Excess
"CASH" (above 8.0% of revenues) is invested in marketable securities;
shortfalls in "CASH" (below 5.0% of revenues) result in loans.

*****************************************************************************
OPERATING PERFORMANCE REPORT, FIRM 1, QUARTER 1 PAGE 7
*****************************************************************************

MARKET SHARES (%)

-----------------
REVENUES ($) EARNINGS ($) ROI (%) VOLUME DOLLAR
------------ ------------ ------- ------- -------

CURRENT QUARTER 55,249,350 3,894,717 15.6 14.29 14.29

PREVIOUS QUARTER 55,249,350 3,894,717 15.6 14.29 14.29
CHANGE RATE .0% .0% .0% .0% .0%
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
DETAILED VARIABLE COST CALCULATIONS, FIRM 1, QUARTER 1 PAGE 8
*****************************************************************************

PRODUCT PRODUCT PRODUCT

COST COMPONENTS 1-1 1-2 1-3
---------------------------------------- -------- -------- --------

RAW MATERIAL #1 [SYNTECH] 22.50 22.50 22.50

RAW MATERIAL #2 [PLUMBO] 31.50 31.50 31.50
RAW MATERIAL #3 [GLOMP] 13.50 13.50 13.50
RAW MATERIAL #4 [TRIMICRO] 1.50 1.50 1.50
RAW MATERIAL #5 [FRALANGE] .75 .75 .75
RAW MATERIAL (Experience Curve Adjust.) .00 .00 .00
LABOR (Base) 30.00 30.00 30.00
LABOR (Smoothing Adjustment) .00 .00 .00
LABOR (Experience Curve Adjustment) .00 .00 .00
PRODUCTION (Base) 60.00 60.00 60.00
PRODUCTION (Smoothing Adjustment) .00 .00 .00
PRODUCTION (Experience Curve Adjustment) .00 .00 .00
PACKAGING 10.00 10.00 10.00
VARIABLE DEPRECIATION 90.00 90.00 90.00

SUB-TOTAL VARIABLE COSTS 259.75 259.75 259.75

COMPATIBILITY (Cost Premium Impact) 41.56 41.56 41.56

WARRANTY (Cost Premium Impact) 57.85 57.85 57.85

TOTAL VARIABLE COSTS 359.16 359.16 359.16

*****************************************************************************
PRODUCT COST ANALYSIS ESTIMATES, FIRM 1, QUARTER 2 PAGE 8
*****************************************************************************

ESTIMATES OF NEXT QUARTER

EXPERIENCE CURVE ADJUSTED
VARIABLE (Per Unit) COSTS MARGIN ANALYSIS
-------------------------------- ==========================
RAW PDCOST PROD
MATERI +PKCST +LABOR TOTAL PRICE COST MARGIN
------ ------ ------ -------- -------- -------- --------

PRODUCT 1-1 68.33 100.00 87.80 354.15 650.00 354.15 295.85

PRODUCT 1-2 69.75 100.00 90.00 359.16 .00 359.16 -359.16
PRODUCT 1-3 69.75 100.00 90.00 359.16 .00 359.16 -359.16

*** NOTES ***

(1) Variable depreciation cost (PDCOST) has been estimated assuming that
production next quarter is equal to plant capacity.
(2) In this table, PKCST refers to packaging cost.
(3) MARGIN ANALYSIS figures do not include transportation, shipping, duties,
and tariffs. Also, dealer rebates have been assumed to be $0.
(4) TOTAL includes cost-premium impacts of Compatibility and Warranty.
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
SALES FORECASTING ACCURACY REPORT, FIRM 1, QUARTER 1 PAGE 9
*****************************************************************************

MARKET SALES ACTUAL UNFILLED ACTUAL + ACCURACY

PRODUCT REGION FORECAST SALES ORDERS UNFILLED SCORE
------- ------ -------- -------- -------- -------- --------

1-1 1 21,250 13,558 0 13,558 43.27

1-1 2 21,250 35,905 0 35,905 59.18
1-1 3 21,250 14,996 0 14,996 58.30
1-1 4 21,250 20,540 0 20,540 96.54
AVERAGE (Current Quarter) 64.32

ON 4 SALES VOLUME FORECASTS IN THE CURRENT YEAR:

CUMULATIVE (Total) FORECASTING SCORE POINTS = 257.29
AVERAGE FORECASTING SCORE (Per Forecast) = 64.32

*** NOTE ***

Only forecasts associated with actual market shares of at least 2.5% in a
market region are counted in the calculation of forecasting accuracy scores.

*****************************************************************************
STOCK MARKET REPORT, FIRM 1, QUARTER 1 PAGE 9
*****************************************************************************

CURRENT STOCK PRICE (Per Share), FIRM 1 $ 100.00

CURRENT STOCK PRICE (Per Share), FIRM 2 $ 100.00
CURRENT STOCK PRICE (Per Share), FIRM 3 $ 100.00
CURRENT STOCK PRICE (Per Share), FIRM 4 $ 100.00
CURRENT STOCK PRICE (Per Share), FIRM 5 $ 100.00
CURRENT STOCK PRICE (Per Share), FIRM 6 $ 100.00
CURRENT STOCK PRICE (Per Share), FIRM 7 $ 100.00
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
MARKETING RESEARCH BILLINGS, FIRM 1, QUARTER 1 PAGE 10
*****************************************************************************

STUDY UNIT
# MARKETING RESEARCH STUDY DESCRIPTION COST TIMES COST
----- ---------------------------------------- ------- -------- ---------

NO MARKETING RESEARCH STUDIES WERE CONDUCTED

*** NOTE ***

This marketing research billing report is based on marketing research pre-
ordered for quarter 0 and billed in connection with quarter 1. Marketing
research study premium rates, in connection with syndicated and custom
marketing research, are based on quarter 0.
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
FINANCIAL AND OPERATING STATEMENT MESSAGES, FIRM 1, QUARTER 1 PAGE 11
*****************************************************************************

EMERGENCY PRODUCTION ACTIVITY

No products have emergency production this quarter.

INVENTORY LEVELS
All products have very small (or zero) inventory levels.

PRODUCT FORMULATION STATUS

Product 1-1 has formulation 30/30/30/ 5/ 5/5/5 and patent zone of 3.
Product 1-2 has formulation 30/30/30/ 5/ 5/5/5 and patent zone of 3.
Product 1-3 has formulation 30/30/30/ 5/ 5/5/5 and patent zone of 3.

CUMULATIVE PRODUCTION EXPERIENCE WITH CURRENT FORMULATION

Product 1-1 has cumulative production experience of 85,000 units.
Product 1-2 has cumulative production experience of 0 units.
Product 1-3 has cumulative production experience of 0 units.

SALES FORECASTING ACCURACY SCORES

Product 1-1, region 1, sales forecasting accuracy is very poor [ 43.27].
Product 1-1, region 4, sales forecasting accuracy is excellent [ 96.54].

REGIONAL GROSS MARGINS

All products in all regions have contribution margins greater than 25%.
*****************************************************************************
FIRM 1: ?????????????????????????????????????????????????? INDUSTRY D
SPECIAL BRANDMAPS NOTICES, FIRM 1, QUARTER 1 PAGE 12
*****************************************************************************

BRANDS: ONLY SOME BRANDS ARE AVAILABLE FOR USE AT THIS TIME
Brand 1 is available for use.
Brand 2 is available for use.
Brand 3 is available for use.
Brand 4 is not available for use.

CAPACITY: AUTOMATIC CAPACITY MANAGEMENT EXISTS IN BRANDMAPS

BRANDMAPS is managing capacity ordering decisions. Appropriate amounts
of capacity are automatically added to or deleted from your current
capacity each quarter to ensure that current capacity is always equal to
current sales volume. (There are no penalties for these instantaneous
capacity adjustments, although such capacity adjustments involve cash
flows equal to the current value of plant capacity orders.) Your firm is
operating at exactly 100% capacity each quarter.

DECISIONS: SOME DECISION VARIABLES ARE AUTOMATICALLY CONTROLLED OR FIXED

Reformulation bidding decisions are fixed and may not be changed.
Capacity ordering decisions are controlled automatically by BRANDMAPS.
Emergency production limit decisions are fixed and may not be changed.

SEASONALITY: SEASONALITY DOES NOT EXIST IN BRANDMAPS

Extensive recent marketing research shows that seasonality does not seem
to exist in the vaporware industry. Prior widely-held beliefs about
vaporware sales seasonality are incorrect.

INFORMATION REPORTING: SOME INFORMATION IS NOT REPORTED AT THIS TIME

Cumulative profit-and-loss statements are not reported at this time.

VAPORWARE TECHNOLOGY CONSTRAINTS

Product attributes #1-#5 must sum to between 75 and 200.
Attribute #5 [Fralange ] must equal 5.

REGION-SPECIFIC COSTS
Transportation Duties &
and Shipping Tariffs
-------------- --------
Region 1 (LATIN AM) $ 16.00/unit .0%
Region 2 (U.S. ) $ 21.00/unit 2.0%
Region 3 (U.K. ) $ 31.00/unit 4.0%
Region 4 (EUROPE ) $ 33.00/unit 6.0%