MOD-PAC CORP.

MOD-PAC CORP. is listed on NASDAQ (MPAC). MOD-PAC CORP is a differentiated, high value-added print services firm operating a unique low-cost business model. We are an innovative company that aggressively integrates technology into our marketing and operations to provide on-demand print products and services for our customers. Consistently outpacing the printing industry over each of the last five years, our key differentiator is our success at being a just-in-time producer of short-run, quality print products. We apply lean manufacturing processes coupled with state-of-the-art printing technologies to challenge our competition and expand our market share. MOD-PAC's strategy is to leverage our capabilities to meet the growing needs of on-demand print and to expand our service offering to address more of the print value chain. We provide products in two primary categories, folding cartons and full color print-on-demand.

Modtech Holdings Inc.

Modtech Holdings Inc. is listed on NASDAQ (MODT). The Company was founded in 1982 with its initial business consisting of purchasing unfinished and outdated classroom shells and performing installation work. The Company subsequently changed its business to the design, manufacturing, marketing and installation of classroom and other custom modular projects. Since that time the Company has grown organically and through acquisition to become one of the premier modular building manufacturers in the country. In February 1999 the Company merged with SPI Holdings Inc., a Colorado corporation, designed and manufactured commercial and light industrial modular buildings in Arizona, Texas and California. In March 1999 the Company acquired Coastal Modular Buildings, Inc. and in March 2001 acquired Innovative Modular Structures. Both companies were based in central Florida. All of the acquired companies have been fully integrated into Modtech Holdings and are the foundation for our operations outside of California.

National Technical Systems Inc. ..ified services company that supplies technical services and solutions to a variety of industries including aerospace, defense, transportation, electro..

Novellus Systems Inc. ..rganized in 1984, develops, manufactures, sells and supports equipment used in the fabrication of integrated circuits, commonly called microchips or c..

Oak Hill Financial Inc. ..med in 1981, is a financial holding company registered under the Bank Holding Company Act of 1956, as amended (the Act), and is subject to regulation ..

OMI Corporation .. the Republic of the Marshall Islands on January 9, 1998. We have our principal place of business at One Station Place, Stamford, Connecticut and are ..

Orbotech Ltd. ..porate History The Company was incorporated in Israel, as a company limited by shares, on February 8, 1981 under the name Optrotech Ltd. pursuant to t..

Oriental Financial Group Inc. ..s to its clients through a complete range of consumer and commercial banking-financial solutions, including consumer, commercial and mortgage lending;..

Patterson Companies Inc. ..tained in Items 1, 2, 3 and 7 of this Form 10-K includes forward-looking statements. Reference is made to Item 7 - Management's Discussion and Analysi..

Patriot Capital Funding Inc. ..ustomized financing solutions to small- to mid-sized companies. Our ability to invest across a company's capital structure, from senior secured loans ..

Public Storage Inc. .. believes, anticipates, should, estimates, and similar expressions are intended to identify forward-looking statements within the meaning of that term..

Primedia Inc. ..edia company in the United States. The Companys properties comprise more than 200 brands that connect buyers and sellers in more markets than any othe..

Merrill Lynch Depositor Inc. ..urities held by PreferredPLUS Trust Series ALL-1, please refer to Allmerica Financial Corporations (Commission file number 001-13754) periodic reports..

PMA Capital Corporation ..ompany, which offers through our subsidiaries workers compensation, integrated disability and, to a lesser extent, other standard lines of commercial ..

Pomeroy IT Solutions Inc. ..ons provider with a comprehensive portfolio of consulting, infrastructure and lifecycle services. Our mission is to provide customers with increased e..

Peoples Bancorp .. October 1990 to become the thrift holding company for Peoples Federal Savings Bank of DeKalb County (Peoples Federal). The Company is the sole shareh..

Pharmaceutical Resources Inc. ..ware holding company that, principally through its wholly owned subsidiary, Par Pharmaceutical, Inc. (Par), is in the business of manufacturing and di..

PartnerRe Ltd. ..a on August 24, 1993, is an international reinsurance group. The Company provides reinsurance on a worldwide basis through its wholly owned subsidiari..

PPlus Trust ..urities held by PPLUS Trust Series TWC-1, please refer to Time Warner Inc.s (Commission file number 001-15062) periodic reports, including annual repo..

InsWeb Corporation ..rated in California in February 1995 and re-incorporated in Delaware in October 1996, and is headquartered outside Sacramento, California. InsWeb's he..

Rite Aid Corporation .. the United States based on revenues and number of stores. We operate our drugstores in 28 states across the country and in the District of Columbia. ..

Elizabeth Arden Inc. .. products company with an extensive portfolio of prestige fragrance, skin care and cosmetics brands. We market approximately 100 owned or licensed pre..

Radiologix Inc. ..ve techniques to generate representations of internal anatomy that can be recorded on film or digitized for display on a video monitor. Diagnostic ima..

Sirva Inc ..gs, which include this Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and all related amendments, are availab..

REYNOLDS AMERICAN INC ..ng company in the state of North Carolina on January 5, 2004, and is listed on the NYSE under the symbol RAI. RAI was created to facilitate the transa..

Grupo Casa Saba S.A. de C.V. ..a de capital variable, or stock corporation with variable capital, which was organized under the laws of the United Mexican States on November 16, 198..

Saxon Capital Inc. .. we refer to as Old Saxon, was formed on April 23, 2001 and acquired all of the issued and outstanding capital stock of SCI Services, Inc. (referred t..

Schawk Inc. .. in one operating business segment, Digital Imaging Graphics Arts, that serves consumer products packaging, advertising and promotional markets. The C..

SeaChange International Inc. ..), a Delaware corporation founded on July 9, 1993, is a leading developer, manufacturer and marketer of digital video storage, management and streamin..

Silgan Holdings Inc. ..tal and plastic consumer goods packaging products. We had consolidated net sales of $2.421 billion in 2004. Our products are used for a wide variety o..

Silicon Image Inc. ..ductor solutions for the secure transmission, storage and display of rich digital media. The Company's mission is to be the leader in defining the arc..

Stein Mart Inc. ..a 261-store retail chain with stores that offer the fashion merchandise, service and presentation of a traditional, better department or specialty sto..

Sonic Solutions .. digital media - that is, data, photographs, audio, and video in digital formats. Our product lines focus particularly on the two most successful opti..

Sonic Innovations Inc. ..mpany. We design, develop, manufacture and market advanced digital hearing aids intended to provide the highest levels of satisfaction for hearing imp..

Socket Communications Inc. ..d connectivity products for mobile electronic devices. Our products employ innovative designs that reduce battery power consumption and make them easy..

STAAR Surgical Company ..distributes worldwide products used by ophthalmologists and other eye care professionals to improve or correct vision in patients with cataracts, refr..

Station Casinos Inc. ..nces to the Company refer to Station Casinos, Inc. and all references to Station, we, our, ours and us refer to Station Casinos, Inc. and its consolid..

SL Green Realty Corporation ..e investment trust, or REIT, with in-house capabilities in property management, acquisitions, financing, development, construction and leasing. We wer..

Student Loan Corporation (The) ..d services student loans. The Company is one of the nations largest originators and holders of guaranteed student loans made under the federal Higher ..

Tandy Brands Accessories Inc. ..er of branded men's, women's and children's accessories, including belts and small leather goods, such as wallets. Our product line also includes hand..

TECO Energy Inc. ..n Florida in 1981 as part of a restructuring in which it became the parent corporation of Tampa Electric Company. TECO Energy and its subsidiaries had..

TIB Financial Corporation ..is conducted primarily through our wholly-owned subsidiary, TIB Bank. TIB Bank, which was formed in 1974, serves the Southern Florida market, principa..

Telstra Corporation Limited ..775 556. 2 CONSTITUTION means this Constitution as amended from time to time and a reference to an article has a corresponding meaning. CORPORATIONS L..

TotalFinaElf S.A. ..h 28, 1924, together with its subsidiaries and affiliates, is the fourth largest publicly-traded integrated oil and gas company in the world, based on..

TriQuint Semiconductor Inc. ..r, or our company) is a supplier of high performance components and modules for communications applications. Our focus is on the specialized expertise..

Transatlantic Holdings Inc. .. incorporated in the state of Delaware. Originally formed in 1986 under the name PREINCO Holdings, Inc. as a holding company for Putnam Reinsurance Co..

Tetra Technologies Inc. ..es company with an integrated calcium chloride and brominated products manufacturing operation that supplies feedstocks to energy markets, as well as ..

TXU CORP ..a portfolio of competitive and regulated energy businesses in North America, primarily in Texas. TXU Corp.s revenues totaled $9.3 billion in 2004. TXU..

Ultratech Inc. ..dition to historical information, certain forward-looking statements that involve significant risks and uncertainties. Our actual results could differ..

Urologix Inc. ..theter-based therapies that use a proprietary cooled microwave technology for the treatment of benign prostatic hyperplasia (BPH), a disease that affe..

UST Inc. ..ware corporation to serve as a new publicly-held holding company for United States Tobacco Company (USTC), which was formed in 1911. Pursuant to a reo..

Nevada Gold & Casinos Inc. .. was formed in 1977 and, since 1994 has been primarily a gaming company involved in financing, developing, owning and operating commercial gaming proj..

Viisage Technology Inc. ..of Lau Technologies in 1992. In 1996, we were incorporated as a Delaware company, just prior to the completion of our initial public offering of commo..

VitaCube Systems Holdings Inc. ..l supplement products primarily through a direct sales or network marketing system in which independent distributors sell our products, as well as pur..

Wavecom S.A. ..h société anonyme on June 28, 1993, for a duration of 99 years under the name of Wavecom, S.A. We are registered in Nanterre, France, registration num..

Woodward Governor Company ..nd services energy control systems and components for aircraft and industrial engines and turbines. Leading OEMs (original equipment manufacturers) th..

Wireless Facilities Inc. ..tion regarding Managements Discussion and Analysis of Financial Condition and Results of Operations) contains forward-looking statements regarding our..

W.P. Carey & Co. LLC ..visory company that invests in commercial properties leased to companies domestically and internationally, and earns fees as the advisor to affiliated..

Wynn Resorts Limited .. June 2002 and consummated the initial public offering of its common stock in October 2002. Wynn Resorts' predecessor, Valvino Lamore, LLC (Valvino), ..

XTL Biopharmaceuticals Ltd. ..icals Ltd. We were established as a private company limited by shares under the laws of the State of Israel on March 9, 1993, under the name Xenograft..

Zanett Inc. ..hat provides customized, mission-critical IT solutions to Fortune 500 corporations, mid-market companies, and classified government agencies involved ..

ABN AMRO CAP FDG TR V ..N.V. We are a public limited liability company incorporated under Dutch law on May 30, 1990. For more information, see Item 4. Information on the Comp..

ACME Communications Inc. ..broadcast television stations in medium-sized markets across the United States. Eight of these television stations are network affiliates of The WB Te..

FEDERAL AGRIC MTG CORP ..chartered by the U.S. Congress in the Agricultural Credit Act of 1987 (12 U.S.C. sections 2279aa et seq.), which amended the Farm Credit Act of 1971 (..

AMDL INC ..any, involved in both the detection and treatment of cancer. Hospital, clinical, research and forensic laboratories and doctors' offices may use our p..

AQUILA INC ..referred to as we, us or our) is primarily an integrated electric and natural gas utility headquartered in Kansas City, Missouri. We began as Missouri..

ATMI Inc. .. delivery systems and high-purity materials packaging products used worldwide in the manufacture of semiconductor devices. ATMI specifically targets t..

Beverly Hills Bancorp Inc. ..olding company that conducts banking and lending operations in southern California and surrounding states through its wholly-owned subsidiary, First B..

BankUnited Financial Corporation ..1993 as the holding company for BankUnited, FSB, the largest banking institution headquartered in Florida based on assets. (As used in this Form 10-K,..

BOE Financial Services of Virginia Inc. .. approved a plan of share exchange pursuant to which the Bank became a wholly owned subsidiary of the Corporation, which became a newly formed one-ban..

Centennial Bank Holdings Inc. ..holding company and a bank holding company registered under the Bank Holding Company Act of 1956, as amended. Our principal business is to serve as a ..

Culp Inc. ..pany, manufactures and markets mattress fabrics (known as mattress ticking and used for covering mattresses and box springs) and upholstery fabrics pr..

CMGI Inc. ..aries, CMGI), through its ModusLink subsidiary, provides industry-leading global supply chain management services and marketing distribution solutions..

Correctional Properties Trust ..elf-managed real estate investment trust or REIT that acquires correctional and detention facilities from both private prison owners and operators and..

CoTherix Inc. .. licensing, developing and commercializing therapeutic products for the treatment of cardiopulmonary and other chronic diseases. We began selling our ..

Deltic Timber Corporation ..sources company engaged primarily in the growing and harvesting of timber and the manufacture and marketing of lumber. Deltic owns approximately 436,3..

Dun & Bradstreet Corporation (The) ..usiness information, tools and insight, and has enabled customers to Decide with ConfidenceTM for over 160 years. D&B's proprietary DUNSRightTM qualit..

Educate Inc. ..utoring and other supplemental education services to pre-kindergarten through twelfth grade, or pre-K-12, students. For over 25 years, we have provide..

Enterprise Products Partners L.P. ..ompany providing a wide range of services to producers and consumers of natural gas, natural gas liquids or NGLs, and crude oil, and we are an industr..

First Bancshares Inc. ..uri corporation, was incorporated on September 30, 1993 for the purpose of becoming the holding company for First Home Savings Bank (First Home or the..

MTC Technologies Inc. ..e in April 2002 and holds all of the capital stock of MTC Technologies, Inc., an Ohio corporation incorporated in 1985 that was formerly known as Mode..

Stride Rite Corporation (The) ..ration founded in 1919, is a leading designer and marketer of high quality children's footwear in the United States and is a major designer and market..