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Taglich Brothers, Inc. is a licensed broker/dealer which publishes research reports with respect to some of the securities that it follows. The information contained herein is based upon sources which we believe to be reliable, but no representation, express or implied, is made with respect to the accuracy, completeness or reliability of the information or opinions in the reports and / or web site. The information contained herein is subject to change without notice, and we assume no responsibility to update the information in our reports and no contractual commitment is formed simply by using the web site. Taglich Brothers, Inc. does not accept responsibility or liability for any direct, indirect, special, consequential or other losses or damages of whatsoever kind arising out of access to, or the use of this web site or any information contained in it.

We, our affiliates, and any officer, director or stockholder or any member of their families may have a position in and may from time to time purchase or sell any securities discussed in our reports. An employee, analyst, officer, or a director of the firm, or its affiliates, may serve as a director for companies mentioned in our reports. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. This firm (or one of its affiliates) may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned on this web site. Reports on companies which are published pay a monthly fee for the creation and dissemination of research reports. Some of the companies paid an initial retainer. Details of compensation from such companies are available upon request and are contained in the disclaimer of each report presently on this web site.

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