Corporate Spin-offs Search Successes / Liquidity Events

In any business endeavor, there is no more important measure of quality and satisfaction than repeat customers. The following is a sample of our clients:

	TIMERA Corporation – Irving, TX Mobile Workforce Management Software (Union Pacific subsidiary - NYSE: UNP) Completed Searches
	Transentric Corporation – St. Louis, MO Supply Chain Management Software & Services (Union Pacific subsidiary - NYSE: UNP) Completed Searches
	FENIX/Union Pacific Railroad – Elkhorn, NE Wholly-owned UP subsidiary formed to monetize its portfolio of technology companies, assets and expertise. Completed Searches