On February 1, 2007, Printing Unlimited L.P. ("Printing Unlimited"), an indirect subsidiary of the Fund, acquired all of the printing business assets (the "Printing Business") of Printing Unlimited (1985) Ltd. Printing Unlimited provides a broad range of digital and offset printing services, reproduction services and sign manufacturing in Fort McMurray, Alberta. Management believes that Printing Unlimited L.P. is the largest printer in northern Alberta.

Printing Unlimited has been in operation since 1984 and has grown to be the largest provider of commercial printing services in Fort McMurray. Printing Unlimited has three departments: printing, reproduction and signs. Operations in the printing department include pre-press procedures such as graphic design, layout, artwork and typesetting in both a Mac and PC environment; (ii) full colour offset and digital printing on four Heidelberg presses (three of which were purchased new in the last three years) where images are reproduced onto paper, foil, plastic and other materials; and (iii) bindery or finishing procedures such as folding, stitching, trimming, cutting, punching and perforating. The reproduction department reproduces images on high-speed black and white and color Xerox photocopiers, and the sign department manufactures decals, signs, banners and photo images up to 48 inches wide.

Printing Unlimited currently has 15 employees consisting of a general manager and an assistant manager, estimators, press operators, pre-press, bindery, reproduction, sign manufacturing and administrative personnel. The company operates out of an approximately 8,000 square foot manufacturing facility in Fort McMurray. Printing Unlimited has entered into a 3-year lease on the building with Printing Unlimited (1985) Ltd., which also provides Printing Unlimited with a right of first refusal on any sale of the building.

Printing Unlimited possesses a number of competitive strengths that management believes will enable it to continue to be a leading provider of printing services in northern Alberta.

Leading Market Position
Printing Unlimited is a leading provider of printing services in northern Alberta. Management of Printing Unlimited believes that it has a leading market share in printing services in the Fort McMurray area.

Full-Service Provider of High Quality, Value-Added Products and Services
Printing Unlimited is a Fort McMurray based, full-service provider of a broad and complete offering of quality printing services in northern Alberta. By offering an integrated single source solution to address its customers' print manufacturing needs, it enables its customers to streamline their internal document processes, reduce their costs and enhance their printed business communications.

Management of Printing Unlimited believes that its broad range of product and service offerings, superior customer service and local presence provides a competitive advantage in its market.

Diversified Customer Base with Strong Relationships
Printing Unlimited sells its products and services to over 250 active customers, and maintains strategic long-term relationships with several major oilsands developers and producers and contractors and suppliers of oilsands related infrastructure in northern Alberta. Printing Unlimited and its predecessor have enjoyed continuing relationships for more than 10 years with its larger customers.

Superior Customer Service
The staff and management of Printing Unlimited is consistently recognized by its customers for providing superior, timely and reliable service.

Experienced Management Team
Management of Printing Unlimited has an average of approximately 10 years of experience in the printing industry.