Donald Wisehart has been involved in business valuations throughout his 30 year career in public accounting. Over a decade ago, he made a commitment to become certified in business valuations and to focus on valuations in his practice. He completed the eight course AICPA Business Valuation CEA Program in 1995. In that same year, he was certified as a business valuation analyst when he received his CVA (Certified Valuation Analyst) designation from the National Association of Certified Valuation Analysts (NACVA). In 1998, Mr. Wisehart was one of the first members of his profession to earn the American Institute of CPA's "Accreditation in Business Valuations" (ABV). Donald has been awarded the prestigious ASA (Accredited Senior Appraiser) designation by the American Society of Appraisers. Mr. Wisehart the President and founder of Wisehart & Associates, is the first professional in New England to hold both the CPA/ABV and ASA credentials. We believe these credentials to be the premier credentials for the practice of business valuation. Mr. Wisehart currently devotes 90% of his professional time to performing business valuations and providing litigation support.

Mr. Wisehart's successful 1998 defense of his valuation conclusion of a Initial Public Stock Offering (IPO) to the SEC set him apart from most business valuation experts. For many valuators, defending a value of $.49 per share to the SEC just eleven months before going public at $15.00 per share would be just too overwhelming. His strong expertise, along with his thorough, well written report put the Securities and Exchange Commission (SEC) concerns to rest. The Company's auditors, Deloitte & Touche, have since recommended Mr. Wisehart for other valuation engagements.

Companies, both public and private, valued have come from a variety of industries with sales ranging from as little as $500 thousand to as much as $320 million and having market values as large as $600 million. These companies have come from the manufacturing, non-manufacturing, service, and retail sectors. A number of his valuation clients have come from high tech industries such as software and .com companies. He has valued stock options and a variety of intangible assets as well as business entities both on controlling and non-controlling bases. For companies undergoing IPO's, Mr. Wisehart has guided the companies through the valuation process and up to the formal SEC registration. He has provided litigation support both as an expert witness and as an analyst for valuations in various legal proceedings including divorce, shareholder disputes and economic loss cases.

Since 1996, he has lectured for both the American Institute of Certified Public Accountants and the National Association of Certified Valuation Analysts on various business valuation topics. He has spoken on the national level on such topics as "Capitalization and Discount Rates" and "Discounts and Premiums". In fact, the course that he developed on discounts and premiums was designated by NACVA as a core course for their business valuation certification program. "Discounts and Premiums" has also been sold as a self-study course. He also developed and taught a course entitled "Using the Guideline Public Company Method". This course was expanded to encompass all aspects of the market approach and became a required course in NACVA's certification program beginning May 2000. He has served as the Chairman of the Education Board for NACVA and was the first president of the Rhode Island Business Appraisal Group In that same year, Mr. Wisehart, received the "Outstanding Member Award" from the National Association of Certified Valuation Analysts (NACVA). In 1999, his firm became affiliated with the Financial Consulting Group L.C, a nationally recognized group of business valuation experts totaling some 70 firms across the country. In 2000, Mr. Wisehart became one of six voting members of this organization. The diverse specialties of FCG's membership provide a rich resource for its members to draw upon. At the beginning of 2002, Mr. Wisehart successfully completed all requirements by the American Society of Appraisers to become an Accredited Senior Appraiser (ASA).