Low Cost Operator The Company has developed a low cost operation by maximizing efficiencies minimizing administrative and overhead costs and maintaining a team management structure In particular Orbit Garants low cost structure is attributable to the following factors Geographic Proximity to Customers Currently there are approximately 87 drilling rigs out of a total of 116 within a six hour radius of the Companys V aldOr Qu ebec operation F or the twelve months ended March 31 2008 on a pro forma basis the Company generated approximately 78 of its revenue from drilling operations in this geographic area Geographic proximity eliminates the need for additional regional or branch offices enabling the Company to maintain a minimal level of inventory and allowing it to effectively deploy its skilled labour force in a costeffective manner V ertical Integration The Company manufactures its own drills and certain consumables which creates a vertically integrated operation The Company has been able to add capacity and grow its business by producing its own drills with 10 of the 11 drills scheduled to be added this fiscal year having been put into operation during the first nine months of fiscal 2008 Use of Local Agents Internationally The Company has pursued an international expansion strategy using local agents to provide its international projects with labour and other ancillary equipment required for operations As a result of this strategy the Company does not require permanent branch offices and is able to maintain a smaller more flexible overhead structure The following table sets out the number of years the Companys top five customers by metres drilled have been customers of the Company Customer L TM Metres Drilled Y ears as Customer IAMGold Corporation 115500 20 FNX Mining Company Inc 111400 2 AgnicoEagle Mines Ltd 63000 10 Xstrata plc F alconbridge 56200 5 Northgate Minerals Corporation 51700 2 Active Management T eam with Proven T rack R ecord The Company is led by P ierre Alexandre Chief Executive Officer and cofounder of Orbit and his nephew Eric Alexandre P resident and Chief Operating Officer The six person senior management team has more than 120 years of combined industry experience with P ierre Alexandres involvement in the drilling services business exceeding 30 years Through lengthy participation in the drilling services business the senior management team has developed strong customer relationships and valuable insight into the industry F ollowing completion of the Offering the senior management team will own approximately 331 of the outstanding Common Shares Growth Strategy Orbit Garant has a track record of growth having increased revenues and Normalized EBITD A respectively by approximately 23 and 30 from the twelve period ended March 31 2007 to the twelve month period ended March 31 2008 each on a pro forma basis Management believes growth will be achieved through a combination of organic growth consolidation through acquisitions and by leveraging its infrastructure as described below By focusing on these key competitive elements and pursuing strategic acquisitions the Company has within the last three years increased its competitiveness expanded its existing markets and penetrated new market without substantially increasing its overhead Growth opportunities whether internally or through acquisitions will be assessed on the basis of these factors 32