EMAIL DETAILS

All,

Please see the Q1update below. Also note I send a capital call for a year
for fees to cover RSTP expenses to all the RSTP I LPs.

Best,

John

---------- Forwarded message ----------
From: John DeLoche <jdeloche@rosemontseneca.com>
Date: Tue, May 1, 2012 at 3:33 PM
Subject: RSTP LLC Q1 Update, Capital Call
To: William Nettles <williamnettles@gmail.com>, william_nettles@verifone.com


William,

I hope this note finds you well and I am looking forward to seeing you in
SF later this month!

I attach a capital call for fees and expenses associated with RSTP LLC. To
cut down on administrative overhead we are planning one capital call for
expenses per year. If you prefer to receive quarterly capital calls, please
let me know.

I caught up with management today and got an update on first quarter
performance and outlook for the rest of 2012 which I summarize below.

--Growth momentum continued strongly in Q1; the company completed just
under 14,000 tests in Q1 compared with 22,347 for all of 2011. Invoiced
revenue was up 43% sequentially to $5.1 million. The company is on track to
meet its 2012 revenue growth projections, and expects modest growth in Q2
as new sales representatives are trained before significant volume growth
in Q3 and Q4.

--Significant investment of $5 million is planned for 2012 to increase
automation and bring monthly capacity to 30,000 tests from the current
10,000. The Company ended Q1 with a strong balance sheet including cash of
$40.8 million.

--New York State approval for the test is expected in early Q2 and the
company has many customers waiting for this approval to come online.

--16 new employees were added in Q1 in engineering and sales, bringing
total headcount to 102.

Please let me know if you have any questions and thank you for your
investment in RSTP!

Best,

John

John DeLoche
*Managing Director*
Rosemont Seneca Technology Partners
One Market, Spear Tower, 36th Floor
San Francisco, CA 94105
office: 415 293 8147
mobile: 415 793 7070

This email communication is privileged and confidential and is intended
only for the individuals or entities named above. Any unauthorized
dissemination of any of the contents of this email is strictly prohibited.
If you are not the intended recipient, please do not read, copy, use or
disclose to others the contents of this communication. Please notify the
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--
John DeLoche
*Managing Director*
Rosemont Seneca Technology Partners
One Market, Spear Tower, 36th Floor
San Francisco, CA 94105
office: 415 293 8147
mobile: 415 793 7070

This email communication is privileged and confidential and is intended
only for the individuals or entities named above. Any unauthorized
dissemination of any of the contents of this email is strictly prohibited.
If you are not the intended recipient, please do not read, copy, use or
disclose to others the contents of this communication. Please notify the
sender that you have received this e-mail in error and then delete the
e-mail