Fibra Sonics Incorporated

I want to express my appreciation for the opportunity to work with The Walden Group.

From the time we first spoke it has been a pleasure to work with you on the development of the transaction memorandum, the presentations to the several potential acquirers, the negotiations, and the development of the asset purchase agreement.

Without hesitation I will turn to your organization for any subsequent transaction.

I’ll be happy to speak with any potential clients to share my experience in working with The Walden Group.

- President

Felco Products Incorporated

I would like to express my sincere appreciation and admiration for the work that the entire Walden Group did in representing Felco Products, Incorporated in our recent

transaction.  I was surprised, and quite pleased, that your efforts resulted in over fifty potential acquirors expressing an interest in acquiring our business.

Not only were you accurate in your assessment of what financial terms would be available to us, but the transaction which you negotiated was substantially in excess of what we thought obtainable.

We thank you for the most professional conduct shown by you and your staff.

- President

Silipos Incorporated

Now that our divestiture has been concluded, I want to express my sincere appreciation for the professionalism and effectiveness that was shown by your entire staff. 

The Walden Group represented Silipos in a manner that reflected great credit both on our company and your organization. 

I was most impressed, when even though we had acceptable offers on the table from other bidders which you had introduced, and it was in your best interest

for Silipos to accept one of those offers, you urged me to put off a decision and to give you the opportunity to pursue some other contacts before we finally committed.  Your advice was right on target and always put our interest first.

Your extensive connections with companies interested in acquisitions in the healthcare field resulted in our having the choice of several entities with which to negotiate and resulted in transaction terms that were most satisfactory to our stockholders and our management team.

- President

Scientific Associates, Inc. (now part of Celsis Laboratory Group)

My appreciation for your support stems to the entire spectrum of your efforts, for these purposes let us call it the three “Cs” of The Walden Group: contacts, communications and counseling. In the initial four month marketing phase I was continually impressed with the caliber of contacts that surfaced from your efforts. At the same time, I routinely felt informed and prepared for all of these contacts given your absolute commitment to communication. And finally, I want to personally thank you for your frankness and genuine concern which was ever present in your counseling….Last, but certainly not least, you directed our sales to our top dollar!

- -Richard T. Hollis

Republic Drug Company Inc.

Not only were we impressed with your professional approach while developing insight into our business, in structuring our data, and in developing an effective sales tool, but also in your targeting potential candidates and your follow-through.

Your efforts generated approximately 20 interested parties. You were especially helpful in the structuring of an offer, the ideal candidate selection process and keeping the project on track.

Thank you for your support and friendship and I would be pleased to review our positive experiences with The Walden Group with any of your future prospects.

- Robert M. Stone