KEYSTONE INNOVATION ZONE PROGRAM IMPACT MEASURES SEMI-ANNUAL PROGRESS REPORT. Grantee Name: NWPA Regional Planning & Development Corp

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1 KEYSTONE INNOVATION ZONE PROGRAM IMPACT MEASURES SEMI-ANNUAL PROGRESS REPORT Grantee Name: NWPA Regional Planning & Development Corp Contract Number: C Project Name: Northwest Pennsylvania KIZ Contact Name Address Phone Number For Period July 1 - December 31, 2007 Numbers, where possible, should be expressed for each reporting period. If the reporting information is not limited to quantitative measures, please provide additional information in the narrative column of this report. If the measure is Not Applicable, please indicate N/A in the column entitled "# For Current Period". Question numbers are hyperlinked to corresponding definitions. Each Question is to be Answered by KIZ Companies Only Question # Measure If Applicable Yes/No Increased Employment and Employee Compensation 1 Keystone Innovation Zone program, did your company have an increase in the number of employees in Pennsylvania? 2 Keystone Innovation Zone program, please indicate the number of job positions that your company did not eliminate (i.e. retained) in Pennsylvania? Leverage of Additional Funding 3 funding obtained by your company. The total sum of Questions 4-6 should be recorded in question 3, column D. 1 of 6

2 4 funding obtained by your company from venture capital or private equity. 5 grant funding obtained by your company through federal, local, foundation or other sources. 6 funding obtained by your company through debt financing. New Company Formation 7 Did your Pennsylvania-based company receive an Employee Identification Number (Tax Identification Number) within the last three years? 8 If you answered "Yes", would your company have been established had it not received financial and/or non-financial services from the Keystone Innovation Zone program? Is your Company an Industry or University Spin-off? If you answered 9 "yes" to this question, please provide information on the spin-off in the narrative column. Development and Introduction of New Products 10 As a result of financial and/or non-financial service provided by the Keystone Innovation Zone, did your company introduce into the market place any new product(s)? If yes, please provide the name of the company and a brief description of the new product in the narrative column. Expanded Research, Development, Testing, and Evaluation (RDT&E) 2 of 6

3 11 As a result of financial and/or non-financial service provided by the Keystone Innovation Zone program, please indicate the amount of the Research, Development, Testing and Evaluation (RDT&E) expenditures made by your company. Intellectual Property and Licensing 12 Keystone Innovation Zone program, please indicate the number of patents filed by your company. If not of confidential nature, provide a brief overview of the patents filed and identify who owns or holds the intellectual property rights to such patents in the narrative column. 13 Keystone Innovation Zone program, please indicate the number of patents awarded to your company. If not of confidential nature, provide the award dates and identify who owns or holds the intellectual property rights to such patents in the narrative column. 14 Keystone Innovation Zone program, please indicate the number of software copyrights filed by your company. If not of confidential nature, provide a brief overview of the software copyrights filed and identify who owns or holds the intellectual property rights in the narrative column. 15 Keystone Innovation Zone program, please indicate the number of software copyrights awarded to your company. If not of confidential nature, provide a brief overview of the software copyrights awarded and identify who owns or holds the intellectual property rights in the narrative column. 3 of 6

4 16 Keystone Innovation Zone program, please indicate the number of licenses granted by your company to other Pennsylvania companies. If not of confidential nature, provide a brief overview of the licenses granted in the narrative column. 17 Keystone Innovation Zone program, please indicate the amount of licensing revenue earned by your company. Increased Revenues 18 Increased Productivity Keystone Innovation Zone program, please indicate the amount of revenue earned by your company. 19 Keystone Innovation Zone Program, please indicate your company's revenue per employee. To calculate, divide revenue directly resulting from KIZ interaction by the total number of company employees. Example: 40,000 revenue/20 total employees = 2,000. DEFINITIONS: Increased Employment and Employee Compensation Employees are full-time and part-time employees on your company's payroll (Form W-2) and contractors (Form 1099-MISC) paid directly by your company calculated as full-time equivalents based on a 40-hour work week. NOTE: An employee reported as a new job created in a prior year's report cannot be counted again as a new job or retained job in a future rear's report. Job positions are the paid, full-time, part-time and temporary positions (or slots) your company has available calculated on a full-time equivalent based on a 40-hour work week. A position reflects the specific set of tasks that an employee is expected to perform. NOTE: An employee reported as a retained job in a prior year's report cannot be counted again as a retained job in a future year's report. Leverage of additional funding 4 of 6

5 Funding is cash provided to your company by the federal government (including federal funding that flows through state agencies), local government, philanthropic foundations, angel investors, strategic investors, institutional venture capital, commercial banks, and/or other financial institutions. Funding excludes in-kind contributions provided by your company and/or third-parties as well as any source of state funding. New Company Formation An industry or university spin-off is a newly formed company that is expected to derive a significant portion of its commercial activities from the use of technology and/or know-how developed at another company or university at the time of its establishment. Development and Introduction of New Products A new product is a good/service that has never been available to your customers or a product that has been modified or a product line extension or a "new-to-the-world" product. Expanded Research, Development, Testing, and Evaluation (RDT&E) Research, Development, Testing, and Evaluation (RDT&E) expenditures include monies spent on labor, services, materials and equipment used to conduct research, development, testing and evaluation as recognized by your company, regardless of where the RDT&E was physically undertaken. RDT&E excludes in-kind contributions provided by your company and/or third-parties. Intellectual Property and Licensing Patents (provisional/non-provisional) -- Identify whether or not, as a result of the Keystone Innovation Zone funding, grantee has filed for or has been awarded any patents (provisional/non-provisional). Intellectual Property - Any licensable intellectual property developed as a result of Keystone Innovation Zone funding. Licensing revenues are gross revenues generated by licensing activities, including royalty payments, fees and realized capital gains from the sale of equity. Licensed technologies Identify whether or not grantee has licensed any technologies having a direct correlation to the target industries of the Keystone Innovation Zone. Increased Revenues Revenue is monies received for goods and/or services sold as recognized by your Pennsylvania-based company. A company includes all the establishments that operate under ownership or control of a single organization, including all subsidiary organizations. Even though some of your revenue generating activities may occur outside of Pennsylvania, please report the revenue that is attributed to your Pennsylvania operations. 5 of 6

6 Increased Productivity Revenue is monies received for goods and/or services sold as recognized by your company in Pennsylvania. A company includes all the establishments that operate under ownership or control of a single organization, including all subsidiary organizations. Employees are full-time and part-time employees on your company's payroll (Form W-2) and contractors (Form 1099-MISC) paid directly by your company calculated as full-time equivalents based on a 40-hour work Week. 6 of 6