RUSSELL KNAPP

QUALIFICATIONS:

Russell Knapp has been engaged in the appraisal of Machinery & Equipment, Structures and Fabrications, and Holdings since the 1980s. He has held significant posts in Cost Analysis of various equipments in Europe, Asia and the U.S. As Machinery & Equipment Appraiser for Certified Appraisers, Inc. He has undertaken appraisal assignments throughout the United States and Mexico. His experience includes all types of manufacturing machinery, inventory, shop accessories, office furniture and fixtures and other related assets.

Rusell is qualified in the appraisal of business related properties including their tangible assets for buy/sell agreements, minority stockholder interest, partnership dissolution, divorce, estate taxes, employee stock purchase plans, and condemnations. Industries served cover a broad range of business including retail, service, wholesale, and manufacturing. Clients served include business owners, entrepreneurs, attorneys, accountants, the U.S. Federal Deposit Insurance Corporation, The Resolution Trust, Port of Houston Authority, Metropolitan Transit Authority and the Small Business Administration.

EXPERIENCE:

• Certified Appraisers, Inc. - Houston, Texas - Associate Appraiser - Machinery & Equipment, Capital Assets
• A. B. Scott & Associates, Inc. - Houston, Texas - Associate Appraiser - Machinery & Equipment, Capital Assets
• Corporate Appraisal Company - Houston, Texas - Associate Appraiser - Machinery & Equipment, Capital Assets
• General Electric Corporation - Indonesia, China, Korea, Japan - Cost Analysis of Machinery, Equipment and Capital Assets
• Stewart & Stevenson International, Inc. - International and Domestic Assignments - Cost Analysis of Machinery, Equipment and Capital Assets

Qualified as an expert witness for the valuation of machinery and equipment in U.S. District Court and Texas State District Court