Exhibit (c)(2)

Discussion Materials Regarding Project Arrow March 11, 2009

I. BACKGROUND AND KEY CONSIDERATIONS

Background

FMV was engaged to provide certain financial services to the Special Committee of the Board of Directors (“Special Committee”) of En Pointe Technologies, Inc. (the “Company”) in connection with a potential Transaction (as hereinafter defined). We understand that the Special Committee has been formed to respond to a potential offer to acquire the Company from an affiliate of the Company (“Buyer”). Such potential transaction or an alternative transaction involving the acquisition of the Company is referred to hereinafter as the “Transaction.” In connection with the Transaction, FMV has been retained to:

• provide financial analysis regarding the Company which may include ranges of indicative valuations of the Company’s common stock; and

• at the request of the Special Committee, render an opinion (“Opinion” hereinafter) to the Special Committee as to the fairness, from a financial point of view, to the Company or its stockholders (other than the Buyer), as applicable, of the Transaction consideration to be received by it or them in connection with the Transaction.

The Special Committee has requested that we render our Opinion, and that the Opinion be based on an all-cash share price of $2.50 per share (“Transaction Consideration” hereinafter). Accordingly, the purpose of this presentation is to summarize our financial analyses and fairness, from a financial point of view, with respect to the Company and the $2.50 Transaction Consideration.

Key Considerations

In performing our analyses of the Company, we have considered the following key issues:

• Excess Cash & Securities from EPGS Sale – We have treated all cash and marketable securities as non-operating in nature. Thus, we have added the value of cash and marketable securities of the Company to that of the remaining operations of the Company. In quantifying the value of the stock in Allied, we have considered the remainder of a one-year lock-up period in such stock (pursuant to the terms of the Purchase Agreement), its block size, and the trading volume of Allied.

• Other Non-Operating Items – We have treated the amounts owed to the Company from EPGS, the $2 million to be received from Allied, and several investments in securities as non-operating in nature. Thus, we have added the value of these items to that of the operations of the Company.

2

I. BACKGROUND AND KEY CONSIDERATIONS (Cont.)

• 19.5 Percent Interest in EPGS – In order to quantify the value of the 19.5 percent interest in EPGS, we performed a valuation of EPGS, considering market data and the implied value of the aforementioned transaction. We have added the value of the minority interest in EPGS to that of the operations of the Company.

• 70 Percent Interest in Ovex – We have performed a separate valuation of Ovex in order to eliminate the value of a 30 percent interest therein not owned by the Company.

• Interest in Premier – The Company owned 6,313 shares of 12,347 shares of convertible preferred stock outstanding in Premier with a liquidation preference of $100 per share. In addition, the Company owns 30 percent of the common stock of Premier. Premier’s financials are consolidated into those of the Company. Accordingly, we have performed a valuation of Premier in order to eliminate the value of the interest not owned by the Company.

3

I. BACKGROUND AND KEY CONSIDERATIONS (Cont.)

Due Diligence Performed

In connection with the Opinion, we have made such reviews, analyses and inquiries as we have deemed necessary and appropriate under the circumstances. Among other things, we have:

• visited the Company’s headquarters;

• met with the Chief Executive Officer and Chief Financial Officer to discuss the operations, financial condition, future prospects and projected operations and performance of the Company, Ovex, and Premier;

• analyzed audited financial statements of the Company for the fiscal years ended (“FYE”) September 30, 2003 through 2008; year-to-date internal financial statements of the Company for the five months ended February 28, 2009 and February 29, 2008;

• reviewed the Company’s quarterly projections from FYE 2008 through FYE 2011;

• reviewed internal financial statements of Ovex for the fiscal years ended June 30, 2004 through 2006; fiscal year ended September 30, 2007 and September 30, 2008; and for the four months ended January 31, 2009;

• reviewed internal financial statements of Premier for the fiscal years ended September 30, 2005 through 2008; and for the four months ended January 31, 2009;

• reviewed internal financial statements of EPGS for the three months ended September 30, 2008 and three months ended December 31, 2008;

• reviewed Company board presentations, dated March 2006, March 2007, and March 2008;

• reviewed the Company’s list of options outstanding as of September 10, 2008;

• reviewed organization charts, bylaws, and articles of incorporation documents of the Company, Ovex, and Premier;

• reviewed the Company’s Series A Convertible Preferred Stock Subscription Agreement in Premier;

• reviewed the Company’s credit line agreements;

• reviewed documents relating to the sale of EPGS to Allied Digital Services Limited, including the Limited Liability Company Interest Purchase Agreement and Master Services Agreement;

• reviewed the GE Commercial Distribution Finance Corporation commitment letter to Buyer as of February 26, 2009 in connection with the Transaction;

4

I. BACKGROUND AND KEY CONSIDERATIONS (Cont.)

Due Diligence Performed (Cont.)

• reviewed certain other public filings of the Company from June 6, 1996 through February 27, 2009;

• reviewed publicly available financial and other data for certain companies that we deem comparable to the Company; and

• conducted other studies, analyses and inquiries, as we have deemed appropriate.

For purposes of this analysis, FMV has not:

• independently verified the accuracy or completeness of all the financial and other information either publicly available or made available by the Company; or

• independently verified the accuracy or completeness of third-party research and data.

5

II. VALUATION SUMMARY

Indicative Valuation Ranges

($000s Omitted Except Per-Share Values)

	Aggregate Value											Aggregate Minority
Valuation Methods	Indications					Per Share 3						Value Indications					Per Share 3
	Low			High		Low				High		Low			High		Low			High
Core Operations
Guideline Public Companies Method 1		2,156	—		10,853		0.27		—		1.31		1,725	—		9,008		0.22	—		1.09
Industry Acquisitions Method 1		4,106	—		15,443		0.51		—		1.87		3,285	—		12,818		0.41	—		1.55
Discounted Cash Flow Method 1		6,036	—		9,673		0.76		—		1.17		4,829	—		8,029		0.60	—		0.97
Value Indications of the Core Operations 1		2,156	—		15,443		0.27		—		1.87		1,725	—		12,818		0.22	—		1.55
Cash		7,823	—		7,823		0.98		—		0.94		6,258	—		6,493		0.78	—		0.78
Value of Allied Stock		1,520	—		1,628		0.19		—		0.20		1,216	—		1,352		0.15	—		0.16
Non-Operating Assets 2		5,874	—		5,874		0.74		—		0.71		4,700	—		4,876		0.59	—		0.59
Total 4	$	17,373	—	$	30,769	$	2.17		—	$	3.72	$	13,898	—	$	25,538	$	1.74	—	$	3.08
Transaction Consideration								$	2.50

1	Value indications of the core operations include: (i) the Company’s existing operations; (ii) proceeds from exercise of options; (iii) 19.5 percent interest in EPGS; (iv) ownership interest in Ovex; (v) ownership interest in Premier; and excludes: (i) cash and marketable securities; (ii) value of Allied stock; and (iii) non-operating assets.
2	Non-Operating Assets include: (i) amounts due from EPGS of $3.424 million; (ii) stock in California Republic Bank (OTC:CRPB) of $0.236 million; (iii) stock in BoomJ, Inc. (OTC:BOMJ) of $0.214 million; and (iv) $2 million due from ADSL.
3	Diluted common shares total 7,988 for the low indications and 8,279 for the high indications.
4	Some totals may not add due to rounding.

6

II. VALUATION SUMMARY (Cont.)

Premiums Over Per-Share Value Indications

										Transaction
			Range of Per-Share Value Indications							Consideration
			$2.17			—	$3.72			$2.50
Trading Period	Average Closing		Implied Premium -				Implied Premium -
(As of 3/10/2009)	Stock Price		Low				High			Implied Premium
1 Trading Day	$	0.78		178.8	%			376.5	%		220.5	%
5 Trading Days	$	0.87		151.2	%			329.2	%		188.7	%
30 Trading Days	$	0.86		153.2	%			332.7	%		191.0	%
3 Months	$	0.79		176.1	%			371.8	%		217.3	%
6 Months	$	0.99		120.0	%			276.0	%		152.9	%
1 Year	$	1.70		28.0	%			118.8	%		47.2	%
1 Year — High	$	2.83		-23.1	%			31.3	%		-11.7	%
1 Year — Low	$	0.56		288.4	%			563.7	%		346.4	%
Minority Per-Share Value Indications:			$	1.74		—	$	3.08
Trading Period	Average Closing		Implied Premium -				Implied Premium -
(As of 3/10/2009)	Stock Price		Low				High
1 Trading Day	$	0.78		123.1	%			295.5	%
5 Trading Days	$	0.87		100.9	%			256.2	%
30 Trading Days	$	0.86		102.6	%			259.1	%
3 Months	$	0.79		120.9	%			291.6	%
6 Months	$	0.99		76.0	%			212.1	%
1 Year	$	1.70		2.4	%			81.6	%
1 Year — High	$	2.83		-38.5	%			9.0	%
1 Year — Low	$	0.56		210.7	%			450.9	%

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III. HISTORICAL FINANCIAL PERFORMANCE

Historical Balance Sheets

($000s Omitted)	Historical Financial Statements (Including Services Business)												Un-Audited
		As of September 30,											As of
											September 30,		February 28,
	2003		2004		2005		2006		2007		2008		2009
ASSETS
Current Assets:
Cash	$	3,218	$	16,072	$	6,903	$	10,240	$	6,000	$	3,691	$	7,813
Restricted Cash		70		71		72		74		76		10		10
Short-Term Cash Investments		0		0		0		0		1,000		0		0
Accounts Receivable, Net		35,123		31,571		40,916		46,417		61,391		35,448		23,207
Inventories, Net		5,746		7,105		10,367		4,201		8,768		5,858		7,698
Prepaid Expenses and Other Current Assets		413		578		764		1,067		1,548		1,294		1,445
Due from Affiliates		0		0		0		0		0		0		0
Total Current Assets		44,570		55,397		59,022		61,999		78,783		46,301		40,172
Net Property and Equipment		5,988		5,346		3,070		2,765		5,022		4,202		4,418
Intangible Assets		606		512		589		1,232		1,785		1,189		750
Due from Affiliates 1		0		0		0		0		0		0		0
Investment in Affiliate		0		0		0		0		0		0		0
Receivable from Escrow		0		0		0		0		0		0		0
Other Assets 1		491		177		215		242		416		2,742		2,270
Total Assets	$	51,655	$	61,432	$	62,896	$	66,238	$	86,006	$	54,434	$	47,611
LIABILITIES & SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts Payable	$	12,642	$	13,971	$	18,444	$	19,105	$	19,034	$	15,817	$	13,392
Short-Term Borrowings & Curr. L.T. Debt		183		236		400		346		2,450		375		627
Borrowings Under Floor Plan Line of Credit		11,326		18,309		16,824		15,673		30,314		7,840		7,037
Accrued Liabilities		0		0		0		0		0		0		8,927
Accrued Taxes and Other Liabilities		501		838		2,038		4,214		3,782		4,522		7,266
Accrued Employee Compensation and Benefits		2,540		2,406		3,409		3,684		4,264		5,389		0
Other Accrued Liabilities		2,169		1,681		935		2,112		1,913		4,409		0
Deferred Income		477		77		908		368		582		1,355		0
Total Current Liabilities		29,838		37,518		42,958		45,502		62,339		39,707		37,249
Capital Lease Obligations		5,138		4,965		584		238		447		475		403
Other Long-Term Liabilities		253		663		0		0		0		0		0
Noncontrolling Interest		0		308		903		1,487		1,957		1,962		1,933
Total Liabilities		35,229		43,454		44,445		47,227		64,743		42,144		39,585
Total Shareholders’ Equity 1		16,426		17,978		18,451		19,011		21,263		12,290		8,026
Total Liab. & Shareholders’ Equity	$	51,655	$	61,432	$	62,896	$	66,238	$	86,006	$	54,434	$	47,611

¹ We removed the impaired book value of Allied stock ($2.092 million), book value of 19.5 percent interest in EPGS ($1.891 million), book value of investments in two companies ($624,286) from Other Assets; removed due from affiliates ($3.424 million); and re-classified debt for Ovex from Accrued Taxes and Other Liabilities to Short-Term Borrowings & Current Portion of Long-Term Debt. Adjustments to the balance sheet total $8.782 million.

8

III. HISTORICAL FINANCIAL PERFORMANCE (Cont.)

Income Statements

($000s Omitted)	Historical Financial Statements (Including Services Business)
	Twelve Months Ended September 30,																								Annualized			Projected
																			LTM Feb. 28,			5 Mo. Ended			5 Mo. Ended			Calendar Year
	2003			2004			2005			2006			2007			2008			2009			Feb. 28, 2009			Feb. 28, 2009			2009
Product Revenue	$	252,493		$	236,707		$	279,325		$	276,736		$	299,335		$	260,004		$	226,296		$	76,944		$	184,665		$	215,779
Service Revenue		37,318			42,527			49,007			46,997			47,791			40,458			23,784		$	3,854			9,249			13,571
Total Revenue		289,811			279,234			328,332			323,733			347,126			300,462			250,079			80,798			193,914			229,350
Product Cost of Sales		233,059			219,125			258,516			253,765			274,128			233,291			199,716			68,063			163,351			188,962
Service Cost of Sales		20,712			25,633			34,758			30,318			29,447			23,332			14,469			2,867			6,880			8,904
Total Cost of Sales		253,771			244,758			293,274			284,083			303,575			256,623			214,186			70,930			170,231			197,867
Gross Profit		36,040			34,476			35,058			39,650			43,551			43,839			35,894			9,868			23,683			31,484
Operating Expenses:
Selling and Marketing Expenses		27,556			22,930			25,792			28,337			30,565			37,615			30,492			7,837			18,808			20,843
General and Administrative Expenses		9,998			10,047			10,143			11,098			11,871			15,054			14,125			4,529			10,870			9,293
Total Operating Expenses		37,554			32,977			35,935			39,435			42,436			52,669			44,617			12,366			29,678			30,136
Operating Income		(1,514	)		1,499			(877	)		215			1,115			(8,830	)		(8,723	)		(2,498	)		(5,995	)		1,348
Interest Expense		871			749			260			82			318			241			184			67			161			108
Interest & Dividend (Income)		0			0			0			0			0			0			0			0			0			0
Other Expense (Income)		(238	)		(646	)		(91	)		(36	)		(79	)		182			317			109			263			241
Pretax Income		(2,147	)		1,396			(1,046	)		169			876			(9,253	)		(9,224	)		(2,674	)		(6,419	)		999
Income Taxes (Credit)		(859	)		558			(418	)		68			350			(3,701	)		(3,689	)		(642	)		(2,567	)		399
Net Income	$	(1,288	)	$	838		$	(628	)	$	101		$	526		$	(5,552	)	$	(5,534	)	$	(2,033	)	$	(3,851	)	$	599
EBIT		(1,276	)		2,145			(786	)		251			1,194			(9,012	)		(9,040	)		(2,608	)		(6,258	)		1,107
EBITDA		512			4,029			324			1,742			3,686			(6,334	)		(6,646	)		(2,107	)		(4,258	)		1,632
EBITDA/Revenue		0.2	%		1.4	%		0.1	%		0.5	%		1.1	%		(2.1	%)		(2.7	%)		(2.6	%)		(2.2	%)		0.7	%
Depreciation & Amort. Expense		1,788			1,884			1,110			1,491			2,492			2,678			2,394			500			2,000			525
Capital Expenditures		227			765			1,999			904			2,849			2,366		NA				216			518			200
Income Statement Adjustments:
Actual Special Charges		393			0			0			0			0			0			0			0			0			0
Adjusted Special Charges		0			0			0			0			0			0			0			0			0			0
Actual Interest & Dividend (Income)		0			0			(266	)		(263	)		(615	)		(295	)		(191	)		(76	)		(182	)		(26	)
Adjusted Interest & Dividend (Income)		0			0			0			0			0			0			0			0			0			0
Actual Other Expense (Income) 1		(238	)		(646	)		(644	)		(36	)		(79	)		(14,708	)		(14,563	)		71			171			241
Adjusted Other Expense (Income) 1		(238	)		(646	)		(91	)		(36	)		(79	)		182			317			109			263			241
Actual Income Taxes		0			131			21			42			(203	)		2,148			2,142			61			61			120
Adjusted Income Taxes to 40 percent		(859	)		558			(418	)		68			350			(3,701	)		(3,689	)		(642	)		(2,567	)		399
Total Adjustment to Pretax Income	$	393		$	0		$	(819	)	$	(263	)	$	(615	)	$	(15,185	)	$	(15,071	)	$	(114	)	$	(274	)	$	(26	)

¹ Other Expense (Income) has been adjusted to remove loss (gain) on sale of assets and impairment of investment.

9

IV. STOCK ANALYSIS

Stock Trading History

10

IV. STOCK ANALYSIS (Cont.)

Stock Trading History (Cont.)

Stock and Trading Analysis

	ENPT
Exchange	Nasdaq
Ticker	ENPT
Equity Analyst Coverage		0
Total Shares Outstanding (MM)		7.18
Stock Price as of March 10, 2009	$	0.78
Market Value of Equity (MM)	$	5.6
Total Public Float (MM)		5.43
% of Total Shares Outstanding		75.7	%
Institutional Holdings (MM)		0.89
% of Total Shares Outstanding		12.4	%
% of Total Public Float		16.4	%
No. of Institutional Holders		13
Largest Holders — % of Total Outstanding: 1
Ahmed, Zubair		8.94	%
Din, Attiazaz		8.10	%
Din, Mediha M.		6.77	%
Average Daily Trading Volume (MM) 2		0.0082
% of Total Shares Outstanding		0.114	%
% of Total Public Float		0.151	%
Implied Daily Liquidity ($MM) 3	$	0.0064

1	Per Capital IQ.
2	Average daily trading volume calculation is based on the trailing 52 weeks.
3	Average Daily Volume x Current Price.

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V. VALUATION INDICATIONS

Valuation Indications

($ 000s Omitted Except Per-Share Values)

																					Diluted
	Operating		Add:Proceeds		Add:19.5%		Less:30%								Add:Value of		Add:Non-				Common
	Value		from Exercise of		Interest in		Interest in			Less:Stock in Premier					Restricted Stock		Operating		Value		Shares		Price Per
Valuation Methods	Indications		Options		EPGS		Ovex			Owned by Outside S/H			Add:Cash		(Allied)		Assets 1		Indications		Outstanding		Share
Guideline Public Companies Method — Low	$	280		1,390		1,323		(402	)		(435	)		7,823		1,520		5,874		17,373		7,988	$	2.17
Guideline Public Companies Method — High	$	8,140		2,278		1,615		(558	)		(621	)		7,823		1,628		5,874		26,179		8,279	$	3.16
Industry Acquisitions Method — Low	$	2,230		1,390		1,323		(402	)		(435	)		7,823		1,520		5,874		19,323		7,988	$	2.42
Industry Acquisitions Method — High	$	12,730		2,278		1,615		(558	)		(621	)		7,823		1,628		5,874		30,769		8,279	$	3.72
Discounted Cash Flow Method — Low	$	4,160		1,390		1,323		(402	)		(435	)		7,823		1,520		5,874		21,253		7,988	$	2.66
Discounted Cash Flow Method — High	$	6,960		2,278		1,615		(558	)		(621	)		7,823		1,628		5,874		24,999		8,279	$	3.02
Operating Value Indication — Low	$	280		1,390		1,323		(402	)		(435	)		7,823		1,520		5,874		17,373		7,988	$	2.17
Operating Value Indication — High	$	12,730		2,278		1,615		(558	)		(621	)		7,823		1,628		5,874		30,769		8,279	$	3.72
Implied Multiples
Range of Operating Value Indications	$	280	$	1,525	$	2,770	$	4,015		$	5,260		$	6,505	$	7,750	$	8,995	$	10,240	$	11,485	$	12,730
Implied Price/Book Value		0.2x		1.1x		2.0x		2.9x			3.8x			4.7x		5.6x		6.5x		7.4x		8.3x		9.2x
Implied EV/EBITDA		0.2x		0.9x		1.7x		2.5x			3.2x			4.0x		4.7x		5.5x		6.3x		7.0x		7.8x
Implied EV/Revenue		0.001x		0.007x		0.012x		0.018x			0.023x			0.028x		0.034x		0.039x		0.045x		0.050x		0.056x
Range of Aggregate Value Indications	$	17,373	$	18,712	$	20,052	$	21,392		$	22,731		$	24,071	$	25,410	$	26,750	$	28,090	$	29,429	$	30,769
Implied Price/Book Value		1.0x		1.1x		1.2x		1.3x			1.3x			1.4x		1.5x		1.6x		1.6x		1.7x		1.8x
Implied EV/EBITDA		5.2x		5.6x		6.0x		6.4x			6.8x			7.2x		7.6x		8.1x		8.5x		8.9x		9.3x
Implied EV/Revenue		0.06x		0.07x		0.07x		0.08x			0.08x			0.09x		0.09x		0.10x		0.10x		0.11x		0.11x

¹ Non-Operating Assets include: (i) amounts due from EPGS of $3.424 million; (ii) stock in California Republic Bank (OTC:CRPB) of $0.236 million; (iii) stock in BoomJ, Inc. (OTC:BOMJ) of $0.214 million; and $2 million due from ADSL.

12

V. VALUATION INDICATIONS (Cont.)

Guideline Public Companies Method

($000s Omitted)

							Less:
			Times:				Interest-
	Representative		Range of Capitalization				Bearing
Valuation Approach	Level		Muliples				Debt 2		Range of Value Indications
Market Value/Net Book Value 1	$	1,386		0.20	—	0.60		—	$	277	—	$	831
EV/EBITDA 3	$	1,632		2.00	—	3.00	$	1,030	$	2,234	—	$	3,865
EV/Revenue 4	$	229,350		0.02	—	0.04	$	1,030	$	3,557	—	$	8,144
	Range of Value Indications (rounded)								$	280	—	$	8,140

1	Net book value has been adjusted to eliminate cash and equivalents, and intangibles. We increased the Company’s net book value by removing noncontrolling interest. Calculations: $8,026 (adjusted shareholders’ equity) — $7,813 (cash) — $10 (restricted cash) — $750 (intangibles) + $1,933 (noncontrolling interest) = $1,386.
2	Excludes interest-free inventory financing.
3	EBITDA based on calendar year 2009 Management projections (excludes public company costs).
4	Revenue based on calendar year 2009 Management projections.

13

V. VALUATION INDICATIONS (Cont.)

Capitalization Multiples of Guideline Public Companies

Enterprise Value to EBITDA²

	Next Fiscal		Latest 12		Fiscal Year
Public Companies	Year		Months		End		3-Year Avg		5-Year Avg
GTSI Corp.	NA			4.4		4.4		6.6		8.2
Insight Enterprises, Inc.		3.1		2.2		2.1		2.7		3.3
PC Connection, Inc.		2.4		1.0		1.0		1.0		1.2
PC Mall, Inc.		4.0		2.3		2.3		2.7		3.9
Systemax, Inc.	NA			2.9		2.9		4.1		5.3
Softchoice Corp.		1.6		1.6		1.6		1.6		1.9
Pomeroy IT Solutions, Inc.1	NA			2.1	NM			2.2		1.5
Range		1.6		1.0		1.0		1.0		1.2
		4.0		4.4		4.4		6.6		8.2
Mean		2.8		2.4		2.4		3.0		3.6
Median		2.7		2.2		2.2		2.7		3.3

Enterprise Value to Revenue²

	Next Fiscal		Latest 12		Fiscal Year
Public Companies	Year		Months		End		3-Year Avg		5-Year Avg
GTSI Corp.	NA			0.09		0.09		0.09		0.08
Insight Enterprises, Inc.		0.08		0.07		0.08		0.10		0.11
PC Connection, Inc.		0.02		0.02		0.02		0.02		0.02
PC Mall, Inc.		0.06		0.05		0.05		0.06		0.06
Systemax, Inc.	NA			0.11		0.12		0.13		0.15
Softchoice Corp.		0.05		0.05		0.05		0.07		0.08
Pomeroy IT Solutions, Inc.	NA			0.04		0.04		0.04		0.04
Range		0.02		0.02		0.02		0.02		0.02
		0.08		0.11		0.12		0.13		0.15
Mean		0.05		0.07		0.07		0.07		0.08
Median		0.05		0.06		0.06		0.07		0.08

Market Value to Net Book Value³

Public Companies	Latest BV
GTSI Corp.		0.4
Insight Enterprises, Inc.		0.1
PC Connection, Inc.		0.3
PC Mall, Inc.		0.6
Systemax, Inc.		1.4
Softchoice Corp.	NM
Pomeroy IT Solutions, Inc.		0.3
Range		0.1
		1.4
Mean		0.5
Median		0.4

1	Normalized based on Pomeroy’s latest two quarterly performances.
2	Enterprise Value excludes cash and interest-free inventory-financing debt.
3	Book Value excludes intangible assets and cash.

14

V. VALUATION INDICATIONS (Cont.)

Industry Acquisitions Method

($000s)	Transaction		Transaction						EV/		EV/
Acquired Company	Date	Acquirer	Value		Revenue		EBITDA		EBITDA		Revenue		Commentary
Pomeroy IT Solutions, Inc.	Pending David Pomeroy (Founder)			54,043		607,630		11,494		3.1		0.06	Based on $4.50 per share offer as of 2/20/2009; Represents third offer made by Mr. Pomeroy (first offer: $7.05 per share; second offer: $6.00 per share).
Zones, Inc.	30-Dec-08 Investor Group led by Firoz Lalji			84,733		698,917		20,869		4.1		0.12	Based on $7.00 per share offer; 30-day go-shop period expired on September 4, 2008; Offer price was lowered from $8.65 on November 7, 2008 in order to reflect changed economic conditions.
Electronic Data Systems Corporation	26-Aug-08 Hewlett-Packard Co.			12,745,346		22,449,000		2,992,500		4.3		0.57	Provides IT and BPO services; Gross profit margin of 13.9% reflects strong dependence on services.
Calence, LLC1	1-Apr-08 Insight Enterprises, Inc.			160,000	NA		NA			7.7		0.40	Deal price includes $35 million earnout; Implied EBITDA margin of 5.7%; 2007 ACE awards: #1 fastest growing private company in Arizona.
Optimus Solutions, LLC	3-Jan-08 Softchoice Corp.			39,543		140,000	NA		NA			0.28	IT infrastructure (networking, storage, application development, etc.) solutions and services; 2006 revenue growth of 33%.
Software Plus Ltd.	11-Dec-07 Softchoice Corp.			44,977		198,000	NA		NA			0.23	Provider of primarily higher margin software products (Adobe, Citrix, Corel, Microsoft, etc.).
ASAP Software Express, Inc.	9-Nov-07 Dell, Inc.			351,000		992,000		38,000		9.2		0.35	Provider of higher margin software products; 3.8% EBITDA margin; Global presence.
CDW Corporation	12-Oct-07 VH Holdings, Inc.			6,713,874		7,455,342		535,780		12.5		0.90	EBITDA margin of 7.2% and revenue growth of 10%.
CompuCom Systems, Inc.1	3-Oct-07 Court Square Capital Partners			628,000	NA		NA			7.0		0.40	Greater than 50% of revenue is high-margin service revenue; Business stabilized since the technology bust; 2004 EBITDA margin of 2.4%.
SARCOM, Inc.	17-Sep-07 PC Mall, Inc.			54,181		264,809		8,308		6.5		0.20	LTM revenue growth of 14%; 3.1% EBITDA margin.
PC Wholesale	28-Feb-07 Synnex Corporation			30,000		224,000	NA		NA			0.13	Focus on end-of-life and refurbished equipment; Purchases equipment from manufacturers and sell to VARs.
Access Distribution GE1	31-Dec-06 Avnet, Inc.			427,693	NA		NA			6.0		0.20	Focus on complex computing with innovative solutions (network security, storage, and software); Implied EBITDA margin of 3.8%.
CompuCom Systems, Inc.	1-Oct-04 Platinum Equity			131,133		1,389,061		33,015		4.0		0.09	Strong decline; Decelerating from a 3-year CAGR revenue decline of 19% to an LTM revenue decline of 5%.
			Median							6.0		0.22
			Mean							5.8		0.25

	Representative		Times:Range of
	Earnings		Capitalization				Less:Interest-
Valuation Approach	Level		Multiples				Bearing Debt		Range of Value Indications
EV/EBITDA 2	$	1,632		2.0	—	3.0	$	1,030	$	2,234	—	$	3,865
EV/Revenue 3	$	229,350		0.03	—	0.06	$	1,030	$	5,851	—	$	12,731
Range of Value Indications (rounded)									$	2,230		$	12,730

1	EBITDA and Revenue multiples referenced from the Zones, Inc. proxy, filed on September 4, 2008.
2	EBITDA based on calendar year 2009 Management projections (excludes public company costs).
3	Revenue based on calendar year 2009 Management projections.

15

V. VALUATION INDICATIONS (Cont.)

Discounted Cash Flow Method

($000s)			7 Months,			FYE Sep. 30,			FYE Sep. 30,
FREE CASH FLOW			2009			2010			2011
Debt-Free Net Income				1,607			1,063			1,753
Depreciation & Amortization				306			538			552
Changes in Working Capital				(5,520	)		543			(492	)
Capital Expenditures				(117	)		(200	)		(200	)
Free Cash Flow				(3,724	)		1,943			1,613
Years to Receipt of Cash Flow (Mid-Year Convention)				0.29			1.08			2.08
Present Value (WACC) Factor @	15.0	%		0.9601			0.8593			0.7472
Present Value of Annual Cash Flow				(3,575	)		1,670			1,205

Sum of PV of Cash Flows (3 years)	(700	)
Present Value of Terminal Value	7,261
Total Present Value	6,562

EV Value Indication for Operations	6,562
Less: Interest-Bearing Debt (Excludes Inventory Financing)	1,030
Equity Value Indication for Operations	5,532

Range of Value Indications: $ 4,160 — $ 6,960

Terminal EBITDA	3,474
Exit EBITDA Multiple	3.00
Terminal Value	10,421
PV Factor	0.6968
PV of Terminal Value	7,261

Enterprise Value Sensitivity Table
	2.0 x		2.5 x		3.0 x		3.5 x		4.0 x
13.0%		3,395		4,661		5,927		7,194		8,460
14.0%		3,251		4,489		5,727		6,964		8,202
15.0%		3,111		4,322		5,532		6,742		7,952
16.0%		2,976		4,160		5,343		6,526		7,710
17.0%		2,845		4,002		5,160		6,317		7,475

16

V. VALUATION INDICATIONS (Cont.)

Valuation of Allied Restricted Stock

Block Size of Subject Shares		745,000			745,000
Share Price as of 3/9/09 (in Rupees)		150			150
Market Value of Subject Shares		111,452,000			111,452,000
Exchange Rate to $ at 3/9/09		0.01948			0.01948
Market Value of 745,000 Shares ($000s)	$	2,171		$	2,171
Discount (Restricted Stock + Large Block)		30.0	%		25.0	%
Restricted Stock Value of ADS ($000s)	$	1,520		$	1,628

17

V. VALUATION INDICATIONS (Cont.)

Valuation of EPGS

	Range of Value Indications
($000s)	Low		—		High
Valuation Methods
Guideline Public Companies Method	$	6,525		—	$	8,700
Industry Acquisition Method		9,790		—		11,970
Prior Transaction Method		14,310		—		14,445
Range of Value Indications	$	10,208			$	11,705
Less: Due to ENPT		3,424				3,424
Range of Value Indications	$	6,784			$	8,281
ENPT Minority Stake - 19.5% Interest	$	1,323			$	1,615

18

V. VALUATION INDICATIONS (Cont.)

Valuation of Ovex

	Range of Value Indications
($000s)	Low		—		High
Valuation Methods
Guideline Public Companies Method	$	1,210		—	$	1,730
Industry Acquisition Method		1,470		—		1,990
Range of Value Indications (rounded)	$	1,340			$	1,860
Value Indication of 30% Interest in Ovex	$	402			$	558

19

V. VALUATION INDICATIONS (Cont.)

Valuation of Premier

	Range of Value Indications
($000s)	Low		—		High
Valuation Methods
Guideline Public Companies Method	$	890		—	$	1,260
Industry Acquisition Method		890		—		1,260
Range of Value Indications (rounded)	$	890			$	1,260
Less: Indicated value of Stock Owned by Outside S/H1		435				621
Stock Owned by the Company	$	455			$	639

¹ The preferred stock liquidation preference totals $1,234,700, which exceeds the low value indication of $890,000. For the high value indication, we allocated value to the preferred shareholders up to the liquidation preference and allocated the remaining value to common shareholders in proportion to their ownership in common shares ($1,260,000 — $1,234,700 = $25,300 * 70% owned by outside shareholder = $17,710 + 48.9% of $1,234,700 liquidation preference = $603,400 = $621,110).

20