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THEHOMEPEOPLE “HOME IS WHERE ARE STARTS FROM” - T.S. Eliot EFFEZETA COMPANY PROFILE WWW.TTMANAGEMENT.IT by 1

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THEHOMEPEOPLE“HOME IS WHERE ARE STARTS FROM” - T.S. Eliot

EFFEZETA COMPANY PROFILE

WWW.TTMANAGEMENT.IT

by

1

SUMMARY

�Company profile 3

�Effezeta 10�Rowo 22�Sedimex 31

WWW.TTMANAGEMENT.IT

�Sedimex 31

�Development plan 33

�Company numbers 37

2January 2008

COMPANYPROFILE

WWW.TTMANAGEMENT.IT

3January 2008

Effezeta has acquired almost thirty years of experience in the furniture sector manufacturing and distributing worldwide its vast range of multi-purpose chairs, tables and furnishing accessories in wood and metal.

From its beginnings as a craftsman’s workshop in 1979, Effezeta has grown and now has its own factory of 51,600 sq.m located near Udine in the very heart of the chair manufacturing district of north east Italy.

COMPANY

WWW.TTMANAGEMENT.IT

manufacturing district of north east Italy.

Know-how, experience and the desire to experiment lie behind the firm’s on-going success and its supply of top quality, contemporary design chairs and furnishings guaranteed “Made in Italy”.

Research, technological innovation and creativity that are based on typically Italian aesthetic stylishness have made Effezeta a true specialist in comfort and able to keep abreast of the trends and demands of different world markets.

4January 2008

Effezeta has effectively evolved over the years by investing in technological research and development. It has built up a dynamic and successful strategy of constant innovation for making products that are always original, comfortable and functional, which owe their exclusive result to the meticulous study and selection of the best raw materials.

Teamwork with various designers, specific customer services worldwide and frequent

RESEARCH AND DEVELOPMENT

WWW.TTMANAGEMENT.IT

Teamwork with various designers, specific customer services worldwide and frequent participation in the most important trade fairs of the sector ensure that Effezeta is among the leaders on the international furnishing market.

5January 2008

Effezeta design is the perfect combination of practicality and aesthetic appeal, where the chair becomes the focus point of the surroundings.

Effezeta relies on the refined and harmonious creativity of important designers. Lines and shapes with a simple and modern design express the pleasure of living in a

DESIGN

WWW.TTMANAGEMENT.IT

and shapes with a simple and modern design express the pleasure of living in a comfortable and original daily space with its distinctive “Made in Italy” look.

6January 2008

Effezeta offers a complete and updated collection that comprises over 250 models counting chairs, tables and furnishing accessories, which may be mixed and matched in countless solutions and are suitable for all rooms in the home.

A wide choice of models available in various materials, with legs and tops in various colours and fabrics, have been studied to give an original and modern stylishness.

PRODUCTS

WWW.TTMANAGEMENT.IT

Meticulous selection of the raw materials and precise workmanship guarantee top quality products in both aesthetic and functional terms.

7January 2008

COMPANY CHART

5 italian partners

LEASING ’79 SPA(Italy)

100%

100%

WWW.TTMANAGEMENT.IT

EFFEZETA SPA(Italy)

SEDIMEX GmbH(Germany)

S.C ROWO(Romania)

Finest Spa(Finace cpmpany for italiaenterpreneurs investing

in foreign countries)

1 german partner:Mr. Mattern

75%90%

10%

25%

8January 2008

EFFEZETA - ItalySet up in 1979Based in the Industrial Chair District in the North East of ItalyA monthly production capacity of 200.000 itemsAn indoor and outdoor surface area of 51.600 sqm

ROWO - Romania

COMPANY LOCATIONS

WWW.TTMANAGEMENT.IT

ROWO - RomaniaProduction of wooden components

SEDIMEX – GermanyDistribution in Germany

9January 2008

EFFEZETA S.P.A.

Italy

WWW.TTMANAGEMENT.IT

January 2008 10

Italy

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

11January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

Sede: Effezeta S.p.A. - Via Manzano 70/1 - 33040 - Premariacco (UD) - Italy

12January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

13January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

14January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

15January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

16January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

17January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

18January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

19January 2008

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

20January 2008

MACHINARIES AND EQUIPMENTS VALUE:Euro 6.8000.000 fully paid

VEHICLES VALUE:Euro 321.000 fully paid

LOGISTIC SOLUTION:- Value of goods ready to be delivered = Euro 4,5 milions and 40.000 sqm dedicated

EFFEZETA – Italy

WWW.TTMANAGEMENT.IT

- Value of goods ready to be delivered = Euro 4,5 milions and 40.000 sqm dedicated- Logistic service to customer all around Europe = 1 to 3 weeks time

EMPLOYEES:140 employees in Effezeta, about 20% is registred in the Union (in Italy there are 3 Unions)Not even 1 hour of strike in the history.

ACCOUNTING REPORTS ARE BEING AUDITED BY:Price Waterhouse Coopers

21January 2008

S.C. ROWO

Romania

WWW.TTMANAGEMENT.IT

January 2008 22

Romania

ROWO - Romania

WWW.TTMANAGEMENT.IT

S.C.ROWO

Strada Pradului 115b

SOVATA

23January 2008

ROWO - Romania

WWW.TTMANAGEMENT.IT

S.C. ROWO

Strada Pradului 115/b

SOVATA 545500

Romania

24January 2008

ROWO - Romania

WWW.TTMANAGEMENT.IT

25January 2008

ROWO - Romania

WWW.TTMANAGEMENT.IT

26January 2008

ROWO - Romania

WWW.TTMANAGEMENT.IT

27January 2008

ROWO - Romania

WWW.TTMANAGEMENT.IT

28January 2008

ROWO - Romania

WWW.TTMANAGEMENT.IT

29January 2008

BEECHWOOD LOGS BOUGHT Per MONTH:Reaching 2.000/2.500 cbm per month(25.000/30.000 cbm per year)

MACHINES AVAILABLE FOR THE PROCESSING OF THE BEECHWOOD:A vertical production process:starting with cutting the logs, then boards drying process, cutting off the elements, manufacturing of the elements with CNC machine tools, assembling, painting and packaging.

ROWO - Romania

WWW.TTMANAGEMENT.IT

of the elements with CNC machine tools, assembling, painting and packaging.All technologies meets CEE standards.

EMPLOYEES:350 employees (staff and factory worlers)No Union involvedItalian managers= 8 persons

ACCOUNTING REPORTS ARE BEING AUDITED BY:Price Waterhouse Coopers

30January 2008

SEDIMEX GmbH

Germany

WWW.TTMANAGEMENT.IT

January 2008 31

Germany

Address:

SEDIMEX GmbHIm Lowental 76DE-45239 ESSENGermany

SEDIMEX - Germany

WWW.TTMANAGEMENT.IT

Function:

As the German market represent a huge part of the distribution, a structure with a staff of people was created to furnish a full Costumer Satisfaction Service to German clients.

32January 2008

DEVELOPMENTPLAN

WWW.TTMANAGEMENT.IT

33January 2008

1 – To reorganize and make a selection of the actualcollections and divide them into categories ( Hi-End-OEM-Contract )

DEVELOPMENT PLAN

WWW.TTMANAGEMENT.IT

The Company goals in the next future are:

2 – To create a new Brand dedicated to his Highestquality and innovative collections and build a newinternational sales staff able to manage them.

34January 2008

DEVELOPMENT PLAN

3 - Extend the range of products to different new areas un-explored untill now also by competitors. This policy will help the group to earn in a very short time a new position and image into the international furniture market. The intentions are to explore and

The Company goals in the next future are:

WWW.TTMANAGEMENT.IT

January 2008 35

furniture market. The intentions are to explore and create new furniture collections in areas like:

-Public places Furniture-100% Eco Children Furniture-Knock-Down and Modular Furniture ( origami/punch-out

/transformer )-Entertainment & Interactive Furniture (incorporated Internet Point/ Wifi/Blutooth keyboards/sound system )-School Furniture

DEVELOPMENT PLAN

WWW.TTMANAGEMENT.IT

The Company goals in the next future are:

4 – Extend the Contract area and build a team of

people dedicated especially to this category.

36January 2008

people dedicated especially to this category.

5 – Become one of the major Italian player

COMPANYNUMBERS

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37January 2008

EFFEZETA (Italy)

WWW.TTMANAGEMENT.IT

SALES TEAM

6 Area ManagerLanguage spoken:

ItalianEnglish

SEDIMEX (Germany)

3 Area Manager

3 customer service staff

38January 2008

EnglishGermanRussianCroatianFrenchSpanish

14 customer service staff3 marketing service staff

3 customer service staff

EFFEZETA (Italy)

WWW.TTMANAGEMENT.IT

R & D Department

Composed of 7 people

39January 2008

people

plus cooperationwith 6designers/architects

0

10

20

30

40

50

60

1999 2006 2007 2008

TURNOVER(milions of Euro)

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0

200

400

600

800

1000

1200

1400

chairs tables

January 2008 40

FINISHED PRODUCTS

(thousands of pieces)

100% of TURNOVER is reached by the HOME collection and the CONTRACT colletion

78%

22%

Home

Contract

WWW.TTMANAGEMENT.IT

Wood

Metal78%

41January 2008

40%

60%

Metal

WWW.TTMANAGEMENT.IT

19%

6%

European Union

Other UE Countries

Others

94% of the TURNOVERis developped in EUROPE

42January 2008

75%

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DETAILS OF CUSTOMERS

43January 2008

FAIRS PARTECIPATION

WWW.TTMANAGEMENT.IT

January 2008 44

WWW.TTMANAGEMENT.IT

For more information visit the web site :

www.effezeta.it

January 2008 45