1. Tekelec TKLC: 17.33 Ashneil Jain Shreyas Mahapatra

2. Proposed Buy and Sell Limit: 17.00 to buy Limit: 17.00 to buy Limit 20.50 to sell Limit 20.50 to sell If its bought by Cisco then vote on whether or not to hold CSCO If its bought by Cisco then vote on whether or not to hold CSCO

3. What Tekelec Does Telecommunications Telecommunications Software and System Applications Software and System Applications Network Signaling ApplicationsNetwork Signaling Applications Mobile and Landline apps Mobile and Landline apps Speed and Efficiency throughout network Speed and Efficiency throughout network Performance Management and MonitoringPerformance Management and Monitoring Eagle 5 Eagle 5 Mobile MessagingMobile Messaging Variety of Text Message Services Variety of Text Message Services

4. Locations Headquarters in North Carolina Headquarters in North Carolina Business works on three fronts: Business works on three fronts: North AmericaNorth America US and Canada US and Canada EMAAAEMAAA Europe, Middle East, Asia Pacific, Australia and Africa Europe, Middle East, Asia Pacific, Australia and Africa CALACALA Caribbean and Latin America Caribbean and Latin America

5. Financials Price: 17.32 Price: 17.32 52 Week: 10.01 - 19.68 52 Week: 10.01 - 19.68 Volume: 590,000.00 Volume: 590,000.00 Mrkt Cap: 1.16B Mrkt Cap: 1.16B P/E: 26.65 P/E: 26.65 EPS: 0.65 EPS: 0.65 Beta: 1.04 Beta: 1.04 Revenue 460.56 M Revenue 460.56 M Earnings: 55.04M Earnings: 55.04M PEG: 2.25 PEG: 2.25 Inst Own: 86% Inst Own: 86%

6. Competitors Main Competitor is ERIC Main Competitor is ERIC Bigger but more unstable Bigger but more unstable 7% inst own7% inst own No prospects of buy from Cisco No prospects of buy from Cisco No diversity in new products No diversity in new products Growth rate is far higher for TKLC Growth rate is far higher for TKLC Graph Graph

7. Reasons to Buy Kramer situation, Cisco Kramer situation, Cisco Best growth rate in industry (top 100) Best growth rate in industry (top 100) Earning report November 4 th Earning report November 4 th Earning report usually above estimate causing spike in price (AOL) Earning report usually above estimate causing spike in price (AOL) Rated top 200 small business in US (Forbes) Rated top 200 small business in US (Forbes) Telecom Traffic up 12% this year Telecom Traffic up 12% this year

8. More Reasons to Buy 8 of 10 largest Wireless providers 8 of 10 largest Wireless providers 6 of 10 largest Wireline providers 6 of 10 largest Wireline providers Eagle 5, Eagle XG Eagle 5, Eagle XG Recession proof model, technology increase Recession proof model, technology increase CL King, Strong Buy CL King, Strong Buy Insider Trading up since August Insider Trading up since August