Columbia West Capital News - Southwest Deal Intelligence
03.24.10 Utah Deal Intelligence - February 2010

This report is prepared as a courtesy to the Utah business community by Columbia West Capital, LLC based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to assure is included and credit attributed to appropriate advisors. Also, feel free to forward to others who may have interest; they can be added to the regular distribution by contacting our office. Our contact information is below.

M&A - Financial

2/2/2010 Odyssey Investment Partners, LLC acquired Wencor, Inc. The financial terms of the deal were not disclosed. Wencor is based in Springville, Utah and manufactures and distributes aircraft parts for repair stations, operators of general aviation aircraft, and airlines in the United States and internationally. Holme Roberts and Owen served as legal advisor to Wencor under Thomas Taylor, Esq. who is now with Durham Jones & Pinegar P.C.

Private Placements

2/2/2010 HemaSource, Inc. announced a private placement of common shares with 14 different investors, including Marion Equity Partners, for gross proceeds of $13.5 million. HemaSource, Inc. operates as a distributor of medical products and is based in West Jordan, Utah.

2/3/2010 Raser Technologies, Inc. (NYSE: RZ) announced a registered direct offering of 5,000 shares of series A-1 convertible preferred stock at $1,000 per share for gross proceeds of $5 million. The round will include participation from existing investor Fletcher International. Raser Technologies is based in Provo, Utah and operates as a geothermal power development and technology licensing company. Sichenzia Ross Friedman Ference LLP served as legal advisor to Raser Technologies.

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