EMAIL DETAILS

Devon
Good stuff looks like some progress here keep me in the loop so I can help
where needed
I will not be able to be in NYC on the 29th but any other day or evening
with Jonathan works for me
Jimmy

On Thursday, January 23, 2014, Devon Archer <darcher@rosemontseneca.com>
wrote:

> FYI
>
> Devon Archer
> 646 436 3745
>
> Begin forwarded message:
>
> *From:* 刘 <zhe.liu@bohaicapital.com <javascript:_e({}, 'cvml',
> 'zhe.liu@bohaicapital.com');>>
> *Date:* January 23, 2014 at 1:24:11 AM EST
> *To:* "'Devon Archer'" <darcher@rosemontseneca.com <javascript:_e({},
> 'cvml', 'darcher@rosemontseneca.com');>>
> *Cc:* "'Jonathan Lee'" <jonathan.li@bohaicapital.com <javascript:_e({},
> 'cvml', 'jonathan.li@bohaicapital.com');>>
> *Subject:* *答复: 答复: 答复: 答复: 答复: 答复: Contacts required in Tyco company or
> Morgan Stanley New York*
>
> Dear Devon:
>
>
>
> We have several 3 parties con-call these two days. Current status:
>
>
>
> 1. IMM has reported to MS working team that CSST and US will join
> IMM bidding process.
>
> 2. It is expected to open Data room and share DD report of IMM in
> next week.
>
> 3. CSST is planning a suitable DD process and will back to us soon,
> as well as structure discussion between us and CSST, considering CSST team
> began their lunar new year holiday from this weekend.
>
>
>
> Will let you know if any updates.
>
>
>
> Regards,
>
>
>
> Jay
>
>
>
> *发件人:* Devon Archer [mailto:darcher@rosemontseneca.com <javascript:_e({},
> 'cvml', 'darcher@rosemontseneca.com');>]
> *发送时间:* 2014年1月23日 0:12
> *收件人:* 刘
> *抄送:* Jonathan Lee
> *主题:* Re: 答复: 答复: 答复: 答复: 答复: Contacts required in Tyco company or Morgan
> Stanley New York
>
>
>
> Jay,
>
> I met with Will Dotson, Morgan Stanley's Global lead banker for Tyco
> yesterday. He confirmed from our discussion Sunday that CSST will NOT be
> considered a competitive threat within this process and welcomes us to join
> IMM in the second round bidding process for ADT CAPS. As per there NDA
> with IMM Will is looking forward to IMM informing them formally we are
> joining their diligence and bid. Good meeting all in all.
>
> Best,
>
> Devon
>
>
>
>
>
> On Sat, Jan 18, 2014 at 9:43 AM, 刘 <zhe.liu@bohaicapital.com<javascript:_e({}, 'cvml', 'zhe.liu@bohaicapital.com');>>
> wrote:
>
> Hi, Devon,
>
>
>
> My phone number is +86 15822500989. Talk with you later.
>
>
>
> Jay
>
>
>
> *发件人:* Devon Archer [mailto:darcher@rosemontseneca.com <javascript:_e({},
> 'cvml', 'darcher@rosemontseneca.com');>]
>
> *发送时间:* 2014年1月18日 21:11
> *收件人:* 刘
> *主题:* Re: 答复: 答复: 答复: 答复: Contacts required in Tyco company or Morgan
> Stanley New York
>
>
>
> Xie xie. Would you be able to speak briefly at 9:30am EST (10:30pm
> Beijing time). Or your Sunday morning anytime (my Saturday night)?
>
> Devon Archer
>
> 646 436 3745
>
>
> On Jan 18, 2014, at 1:43 AM, 刘 <zhe.liu@bohaicapital.com<javascript:_e({}, 'cvml', 'zhe.liu@bohaicapital.com');>>
> wrote:
>
> Dear Devon:
>
>
>
> Please let me know when is suitable for you. I will call you then.
>
>
>
> Regards,
>
>
>
> Jay
>
>
>
> *发件人:* Devon Archer [mailto:darcher@rosemontseneca.com <javascript:_e({},
> 'cvml', 'darcher@rosemontseneca.com');>]
> *发送时间:* 2014年1月17日 16:04
> *收件人:* 刘
> *抄送:* <hbiden@rosemontseneca.com <javascript:_e({}, 'cvml',
> 'hbiden@rosemontseneca.com');>>; <jbulger@thorntonai.com<javascript:_e({}, 'cvml', 'jbulger@thorntonai.com');>>;
> <luchangqi@ample-harvest.com <javascript:_e({}, 'cvml',
> 'luchangqi@ample-harvest.com');>>; Lindsay Wright; <
> jonathan.li@bohaicapital.com <javascript:_e({}, 'cvml',
> 'jonathan.li@bohaicapital.com');>>; xinzhong.li
> *主题:* Re: 答复: 答复: 答复: Contacts required in Tyco company or Morgan Stanley
> New York
>
>
>
> Excellent news. Let's discuss before I speak to MS again. Maybe tomorrow
> night my time.
>
> Devon Archer
>
> 646 436 3745
>
>
> On Jan 16, 2014, at 11:02 PM, 刘 <zhe.liu@bohaicapital.com<javascript:_e({}, 'cvml', 'zhe.liu@bohaicapital.com');>>
> wrote:
>
> Dear Devon:
>
>
>
> We hold three parties’ meeting with CSST and IMM this week and got a
> positive progress. IMM welcome us and CSST to join its second round
> bidding. CSST also consider to join the project as a minority share holder
> and take a controlling position 3-5 years later.
>
>
>
> The team will focus on deal structure issues in coming days. We need to
> discuss with IMM to see what amount of initial equity could allocate to us.
> In another hand, we also need to confirm with CSST for future plan, like
> exit options and future step to get a controlling position in the company.
> We plan to figure out a applicable structure which would benefit CSST, IMM
> and us in next two weeks.
>
>
>
> Please contact me if you have any questions.
>
>
>
> Regards,
>
>
>
> Jay
>
>
>
> *发件人:* Devon Archer [mailto:darcher@rosemontseneca.com <javascript:_e({},
> 'cvml', 'darcher@rosemontseneca.com');>]
> *发送时间:* 2014年1月10日 23:51
> *收件人:* 刘
> *抄送:* <hbiden@rosemontseneca.com <javascript:_e({}, 'cvml',
> 'hbiden@rosemontseneca.com');>>; <jbulger@thorntonai.com<javascript:_e({}, 'cvml', 'jbulger@thorntonai.com');>>;
> <luchangqi@ample-harvest.com <javascript:_e({}, 'cvml',
> 'luchangqi@ample-harvest.com');>>; Lindsay Wright; <
> jonathan.li@bohaicapital.com <javascript:_e({}, 'cvml',
> 'jonathan.li@bohaicapital.com');>>; xinzhong.li
> *主题:* Re: 答复: 答复: Contacts required in Tyco company or Morgan Stanley New
> York
>
>
>
> Thank you Jay. I will relay to Will at MS and continue the lobby for our
> spot.
>
>
>
> Please update me on the IMM (Korean PE firm) discussions and status as
> well. It appears collaborating with them will ensure our participation.
>
> Devon Archer
>
> 646 436 3745
>
>
> On Jan 10, 2014, at 10:47 AM, 刘 <zhe.liu@bohaicapital.com<javascript:_e({}, 'cvml', 'zhe.liu@bohaicapital.com');>>
> wrote:
>
> Dear Devon:
>
>
>
> We have a discussion with CSST today. They will use Guardforce as the
> platform to conduct this deal. Below is a brief introduction of CSST and
> Guardforce. We will give you more detailed introduction material once we
> received them from Guardforce team.
>
>
>
> *CSST Introduction*
>
>
>
> China Security & Surveillance Technology, Inc. (CSST) is China’s leading
> technology and infrastructure solution provider specializing in the
> provision of comprehensive solutions for city planners and local
> governments. Its solutions help to address, manage and overcome the
> emerging issues resulting from the rapid rate of urbanization. CSST
> combines different technological expertise, experience and solutions of the
> various business groups to provide a comprehensive solution for Smart
> Low-carbon City and Safe City development in China. The ultimate goal of
> CSST is to build smarter, safer, more environmentally and economically
> sustainable cities. CSST manufactures, distributes and installs security &
> surveillance systems. In addition, it provides one-stop-shop auxiliary
> security services and integrated security solutions to both commercial and
> government entities. It has been providing high quality services to its
> satisfied clients in China since 2000.
>
> The Energy & Environment Management Group (EEM)
>
>

--
James J. Bulger
Chairman
Thornton Group LLC
14 Beacon Street, Suite 804A
Boston, MA 02108
Office tel: 617.248.944