Baird Capital Partners I
Investment Activity
1992-1999

1992 - School Specialty Inc.* (www.schoolspecialty.com)

Business: Wholesaler of school equipment and supplies
Fellow Investors: Bank of America, Company Management
Current Status: Acquired by U.S. Office Products (Symbol: OFIS) in 1996

1992 - FPM, L.P.* (www.fpmht.com)

Business: Precision heat treating companies
Fellow Investors: Androck Partners, Taconic Partners
Current Status: Acquired by Dakota Capital Partners in 1998

1992 - Stericycle, Inc. (www.stericycle.com)

Business: Medical waste management company
Fellow Investors: Marquette Venture Partners, State Farm
Current Status: Became publicly traded company (Symbol: SRCL) in 1996

1992 - Superconductivity, Inc. (www.amsuper.com)

Business: Manufacturer of superconducting energy storage devices
Fellow Investors: Advent, M&I Ventures
Current Status: Acquired by American Superconductor Corp. in 1997

1992 - Promega Corporation (www.promega.com)

Business: Manufacturer of molecular biology products
Fellow Investors: Greylock, Hambrecht & Quist
Current Status: Remains a privately owned company

1992 - Pryon Corporation* (www.welchallyn.com)

Business: Manufacturer of critical care patient monitoring equipment
Fellow Investors: Greylock, Frontenac, Lubar & Co.
Current Status: Acquired by Protocol Systems (Symbol: PCOL) in 1996

1993 - Power Trends, Inc.* (www.powertrends.com)

Business: Manufacturer of high density ISRs and DC_DC converters
Fellow Investors: Marquette Venture Partners, Wind Point Partners
Current Status: Acquired by Texas Instruments (Symbol: TXN) in 1999

1993 - Canberra Industries, Inc. (www.canberra.com)

Business: Manufacturer of precision analytical instruments
Fellow Investors: Oris, Company Management
Current Status: Acquired by Stonington Partners in 1997

1994 - Tape, Inc.* (www.intertapepolymer.com)

Business: Manufacturer of industrial packaging and consumer mailing products
Fellow Investors: Company Management
Current Status: Acquired by Intertape Polymer Group (Symbol: ITP) in 1996

* Tom Folliard was a director.