• Designed to increase institutional awareness and improve investor communications. Provides estimate aggregators with a complete set of           
   estimates which helps institutional investors find new investment ideas
• Balanced initiation report (4-10 pages excluding disclaimers) including:
      – Strategy
      – Comps to peers with valuation metrics
      – Outlook: financial model with income statement, balance sheet and cash flow
      – Detailed estimates by quarter for the current year and next
      – Risk factors
• Four quarterly reports (2-4 pages excluding disclaimers) with updated estimates
• Research reports submitted to First Call, IBES, Thomson Reuters, FactSet, S&P/Capital IQ and in the EU through Research Exchange