Exhibit 1

2008

Veterinary care spending ($B)

Annual growth

11.1

Source: American Pet Products Association

Note: Veterinary care spending excludes over-the-counter medicines

2009

2010

2011F

12.04
8.5%

13.01
8.1%

14.11
8.5%

Exhibit 2

Year ended December 31st (in thousands)

Revenues
Cost of revenues
Gross profit

2009
66,248
26,109
40,139

Operating Expenses
Research & development
Sales & marketing

6,020
17,784

General & administrative

Total Operating Expenses

4,952
28,756

Income from Operations

11,383

Interest and other income (expense), net

Pre-Tax Income

(576)
10,807

Income tax provision

Net Income

4,191
6,616

2008

2007

56,044

48,200

22,008
34,036

18,362
29,838

4,464
16,272

4,176
14,256

4,248
24,984

3,960
22,392

9,052

7,446

(432)
8,620

(360)
7,086

3,362
5,258

2,764
4,322

Exhibit 3

At December 31 (in thousands)

ASSETS
Current Assets
Cash and cash equivalents
Short-term investments
Accounts receivable
Inventories
Prepaid expenses and other current assets
Total Current Assets

2009

20,187
12,047
12,931
9,210
1,628
56,003

Long-Term Assets
Plant, property, and equipment, net
Intangible assets, net
Other assets
Total Long-Term Assets

9,117
1,954
559
11,630

Total Assets

67,633

LIABILITIES AND STOCKHOLDERS EQUITY

Current Liabilities
Accounts payable
Accrued payroll and other liabilities
Warranty reserve
Total Current Liabilities

5,392
2,838
559
8,789

Long-Term Liabilities
Warranty reserve
Notes payable, less current portion
Total Long-Term Liabilities

1,354
5,582
6,936

Stockholders' Equity
Common stock
Retained earnings
Total Stockholders' Equity

34,884
17,024
51,908

Total Liabilities and Stockholders' Equity

67,633

2008

16,842
12,218
10,724
8,191
1,132
49,107

7,014
2,082
408
9,504
58,611

4,525
2,534
543
7,602

1,192
4,525
5,717

34,884
10,408
45,292
58,611

Exhibit 4
GenieTech
Labor - Cartridge
Supervision

236,500

Direct / Indirect Labor

260,700

Benefits and Taxes

Total Labor
Raw Material (RM) Costs - Cartridge
Cost per lb, delivered
Yield (RM lbs per 1000 units)
Total cartridges (units)

646,400
1,143,600

$2.45
320
4,687,500

Lbs for annual demand

RM Costs - Cartridges

1,500,000
3,675,000

Labor and Raw Materials - Reagents

Average cost per cartridge
Total cartridges (units)
Labor and RM Costs - Reagents

$1.15
4,687,500
5,390,625

Overhead
Rent / Floor Space

255,000

Depreciation

315,400

Utilities

482,400

Insurance (Equipment)
Repairs & Maintenance
Maintenance, Repair, & Ops Supplies
Variable Overhead

54,900
213,200
108,900
329,700

Total Overhead
Contingency

1,759,500
-

Comparison of Cost per Unit

Labor
Raw Materials
Reagents Costs
Overhead
Contingency
Annual Operating Cost

1,143,600
3,675,000
5,390,625
1,759,500
11,968,725

Annual Production of Cartridges

4,687,500

Cost per Unit

$2.553

Current Cost per Unit, Delivered

Cost per Unit, Bergerac

Savings per Unit

Annual Savings @ Current Production
Capital Requirements
Acquisition Price
Machinery & Equipment
Molding Machines Cost

$2.960
$2.703

$0.257
1,204,688

5,750,000
-

Molds

Number of Molding Machines

Installation Cost
Auxiliary Equipment
Contingency

Building & Building Equipment

Total Capital Requirements

5,750,000

Savings per Unit

Break-Even Volume
Annual Production Volume
Payback Period, Years

$0.257
22,373,541
4,687,500
4.8

GenieTech

In-House

Production coordinator, 3 foremen

242,100

12 machine operators @ ~$22K

230,500

614,400
1,087,000

Avg cost, Q1/Q2 2010 for specialty PMMA

Current RM requirement
2010 EOY estimated installed base x 2.5
cartridges/day

$2.45
310
4,687,500
1,453,125
3,560,156

$1.15
4,687,500
5,390,625

Current rental of 25K sq ft, incl office space

147,900

8 presses @ $275K + $320K aux equip, 8year straight-line depreciation

378,800

Incl 8 presses @ 50 kw x 24 hrs x 5 days x 50

weeks x ~$0.20/kwh

411,100

Controller, billing, sales order clerk, and

warehouse manager

32,800
57,100
45,700
-

1,073,400
No allowance required for ongoing operation

90,000

1,087,000
3,560,156
5,390,625
1,073,400
90,000
11,201,181
4,687,500
$2.390

Includes delivery costs (transportation, fuel,

handling) of $0.15/unit

$2.960
$2.390

$0.570
2,673,819

Based on 5x EBITDA multiple

3,182,000
375,000
115,000
4
425,000
645,000
152,000
425,000
3,607,000
$0.570
6,323,470
4,687,500
1.3

In-House
Production supervisor, 2 foremen
6 machine operators @ ~$30K, plus profitsharing bonus in line with current
compensation structure

Avg cost, Q1/Q2 2010 for specialty PMMA

3% reduction in RM waste with new machines
2010 EOY estimated installed base x 2.5
cartridges/day

Allocation of 10K sq ft at Parsippany plant

4 presses @ $490K + $645K aux equip +
$425K installation, 8-year straight-line
depreciation
Incl 4 presses @ 75 kw x 24 hrs x 5 days x 50
weeks x ~$0.23/kwh

No incremental cost; all functions performed

by current Parsippany staff

Includes allowance for consulting engineer @

$7.5K/month

No delivery required

Estimated cost for new Hitachi molding

machine
Cartridge cover and base molds for each
molding machine
Quoted installation cost
Allowance of 5% of total capital investment in
equipment