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<br />March 6, 2008 <br />Page 2 <br /> <br />We are looking at a building that would have at least 10,000 square feet of space for QDP and at least <br />10,000 square feet for JBT. This development would allow both companies to create several new jobs. <br />It is anticipated that JBT would increase its workforce by 5 employees and QDP would probably do the <br />same soon after the move and more in the future. <br /> <br />JBT and QDP both have several customers and vendors who are located in the AnokaJRamsey area and <br />thus it would be beneficial for all parties if a location in the City of Ramsey could be found to <br />accommodate the growing businesses. <br /> <br />Retaining JBT and acquiring QDP into the City of Ramsey's economic landscape would be <br />advantageous on many levels. Not only would the companies make improvements to the land, but the <br />creation of several jobs would shift more economic activity to the City. More employees will be using <br />the roads, purchasing goods and services in the City and otherwise contributing to the economic and <br />social development of Ramsey. <br /> <br />.. <br />QDP Technologies and JBT Machining are committed to providing the highest level of customer <br />satisfaction possible and will be an asset to the economy and development of any city. We are confident <br />that moving or building a commercial location in the City of Ramsey will be mutually beneficial for <br />both companies and the City for many years into the future. <br /> <br />Thank you for this opportunity and please let me know if you are available to discuss this matter further <br />with Jeff Traun and myself. I can be reached at (763) 712-1626 or (763) 712-1818. I also invite you to <br />take a look at our website www.qdptech.com for more information about QDP. <br /> <br />sin~4P_ <br /> <br />Troy Holien <br /> <br />TTH:jmb <br /> <br />54 <br />