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   &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;b&gt;10. Recent Accounting Pronouncements&lt;/b&gt;
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In September&amp;#160;2006, the Financial Accounting Standards Board (&amp;#8220;FASB&amp;#8221;) issued ASC 820, &amp;#8220;Fair
   Value Measurements and Disclosures&amp;#8221; (&amp;#8220;ASC 820&amp;#8221;), which establishes a framework for measuring fair
   value under U.S. GAAP and expands disclosures about fair value measurement. In February&amp;#160;2008, FASB
   issued ASC 820-10-65-1, &amp;#8220;Fair Value Measurements and Disclosures &amp;#8212; Transition and Open Effective
   Date Information,&amp;#8221; which delayed the effective date of ASC 820 for all non-financial assets and
   non-financial liabilities, except those that are recognized or disclosed at fair value in the
   financial statements on a recurring basis, until fiscal years beginning after November&amp;#160;15, 2008 and
   interim periods within those years, which for the Company was the first quarter of fiscal 2010. The
   Company&amp;#8217;s adoption of the provisions of ASC 820 for non-financial assets and non-financial
   liabilities in the first quarter of fiscal 2010 had no impact on its consolidated financial
   statements.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In December&amp;#160;2007, the FASB issued ASC 805, &amp;#8220;Business Combinations&amp;#8221; (&amp;#8220;ASC 805&amp;#8221;). ASC 805
   establishes principles and requirements for how the acquirer of a business recognizes and measures
   in its financial statements the identifiable assets acquired, the liabilities assumed, and any
   noncontrolling interest in the acquiree. ASC 805 also provides guidance for recognizing and
   measuring the goodwill acquired in the business combination or a gain from a bargain purchase and
   determines what information to disclose to enable users of financial statements to evaluate the
   nature and financial effects of the business combination. ASC 805 applies prospectively to business
   combinations for which the acquisition date is on or after the beginning of the first annual
   reporting period beginning on or after December&amp;#160;15, 2008, which for the Company was the first
   quarter of fiscal 2010. ASC 805 will impact the Company&amp;#8217;s consolidated financial statements for
   business combinations with an acquisition date on or after adoption in the first quarter of fiscal
   2010. The Company&amp;#8217;s adoption of ASC 805 in the first quarter of fiscal 2010 had no impact on its
   consolidated financial statements.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In April&amp;#160;2008, the FASB issued ASC 350-30-65-1, &amp;#8220;General Intangibles Other than Goodwill &amp;#8212;
   Transition and Open Effective Date Information&amp;#8221; (&amp;#8220;ASC 350-30-65-1&amp;#8221;), which amends the factors that
   should be considered in developing renewal or extension assumptions used to determine the useful
   life of a recognized intangible asset under ASC 350, &amp;#8220;Intangibles &amp;#8212; Goodwill and Other.&amp;#8221; ASC
   350-30-65-1 is effective for fiscal years beginning on or after December&amp;#160;15, 2008, which for the
   Company was the first quarter of fiscal year 2010. The Company&amp;#8217;s adoption of ASC 350-30-65-1 in the
   first quarter of fiscal 2010 had no impact on its consolidated financial statements.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In April&amp;#160;2009, the FASB issued ASC 825-10-65-1, &amp;#8220;Financial Instruments &amp;#8212; Transition and Open
   Effective Date Information&amp;#8221; (&amp;#8220;ASC 825-10-65-1&amp;#8221;), which amends ASC 825, &amp;#8220;Financial Instruments,&amp;#8221; and
   ASC 270, &amp;#8220;Interim Financial Reporting,&amp;#8221; to require disclosures about fair value of financial
   instruments in interim and annual reporting periods. The Company&amp;#8217;s adoption of ASC 825-10-65-1 in
   the first quarter of fiscal 2010 did not have a material impact on its consolidated financial
   statements.
   &lt;/div&gt;
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   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;In September&amp;#160;2009, the FASB issued Accounting Standards Update (&amp;#8220;ASU&amp;#8221;) 2009-13,
   &amp;#8220;Multiple-Deliverable Revenue Arrangements&amp;#8221; (&amp;#8220;ASU
       2009-13&amp;#8221;), and ASU 2009-14, &amp;#8220;Certain Revenue
       Arrangements That Include Software Elements&amp;#8221; (&amp;#8220;ASU 2009-14&amp;#8221;). ASU 2009-13 amends the revenue
       guidance under Subtopic 605-25, &amp;#8220;Multiple Element
       Arrangements&amp;#8221;,  and addresses how to determine
       whether an arrangement involving multiple deliverables contains more than one unit of accounting
       and how arrangement consideration shall be measured and allocated to the separate units of
       accounting in the arrangement. ASU 2009-14 excludes tangible products containing software
       components and non-software components that function together to deliver the product&amp;#8217;s essential
       functionality from the scope of Subtopic 985-605, &amp;#8220;Revenue Recognition.&amp;#8221; ASU 2009-13 and ASU
       2009-14 are effective for periods beginning after December&amp;#160;15, 2009 with earlier adoption
       permitted. The Company is currently evaluating the timing of its adoption of ASU 2009-13 and ASU
       2009-14 and the impact that these new accounting standards will have on its consolidated financial
       statements.
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