| As set forth in the Company’s Form 10-Q for the quarterly period ended September 30, 2006, Costa Brava Partnership III, L.P. and Wynnefield Small Cap Value, L.P., hereinafter referred to as “Plaintiffs”, filed a Motion for Receivership on August 30, 2006. After a series of depositions, the hearing on the motion was held on October 18, 2006 in Baltimore, Maryland. On October 30, 2006, each party submitted its Memorandum of Proposed Findings of Facts and Conclusions of Law. Subsequently, the Plaintiffs’ Motion for Receivership was denied on November 29, 2006. |
