We had cost segregation studies done last year (2008) and I couldn’t be happier with the reports ValSpan produced. With an appraiser’s eye to valuation and an engineer’s eye for details, ValSpan has the perfect combination of skills – accuracy and knowledge – to meet the most demanding requirements.

The value of a cost segregation study is in the details. We had several cost segregation studies done by a CPA firm and the same number of studies performed by ValSpan. In many ways, the results from ValSpan are more usable and understandable than the reports completed by the CPA firm.

We plan to have additional cost segregation studies performed later this year and I will definitely be using ValSpan to do them. I have recommended ValSpan to several companies in our industry and recommend them to anyone needing to save money on their taxes through the enhanced depreciation achieved by cost segregation studies.

Paul Hillman
Special Projects Manager
Kaizen Restaurants Inc

As part of our business strategy for growth through acquisition, a key component of the due diligence process is obtaining an accurate and true picture of the asset valuation of the target company’s equipment. Being part of the chemical process industry, we require specialized knowledge in industrial equipment valuations. Valspan Inc. has provided us with this expertise and assisted in several acquisitions that were successfully completed. Valspan Inc.’s knowledge, timeliness and cost effectiveness have contributed to repeat business from our organization. I would recommend Valspan Inc. for any future valuations we will require.

Douglas J. Fox, P. Eng. MBA
Senior Vice President
Stella-Jones Corp.
www.stellajones.com

Strickland, Heischman and Hoss, Inc. has utilized the appraisal services of ValSpan for many years as an aide to the preparation of our appraisals for a variety of uses, including appraisals for litigation matters and for financial institutions. Their services have been invaluable in providing accurate valuations of the contribution value of equipment and personal property, to be utilized together with our real property valuations.

Personnel at ValSpan have consistently been great to work with, both on a professional and on a personal level. They have been very accommodating to our needs, even when these needs have shifted slightly from the original understanding of the assignment, as additional information has come in.

Our company recommends ValSpan for equipment and personal property valuations.

Fred Strickland, MAI, SRA
Managing Partner
Strickland, Heischman and Hoss, Inc.
6419 Lakewood Drive West
Tacoma, WA 98467
254.564.3230

SRMC is a risk management consulting firm specializing in property and casualty claim resolution. ValSpan has assisted our firm to investigate, value, and resolve numerous complex property & casualty claims, many of which were worth several millions of dollars. Their depth and breadth of valuation expertise, along with their experience in valuing Business Interruption losses, have made them our ‘go-to’ firm whenever a serious loss event requires a claim to prepared and resolved. We will continue to rely on ValSpan as a strategic partner in our risk management services business and we heartily recommend ValSpan for any challenging valuation assignment.

Greg Skorheim
Principal, SRMC
Seattle, WA

In late 2007, our management team completed a buy-out of the ENTEK International from its founder. Our company is very capital intensive with a combination of custom engineered and purchased equipment. With the company’s fiscal year end quickly approaching, it was important that we find an appraisal firm that had the experience to value complex production lines at both our U.S. and U.K. operations and be familiar with the reporting requirements required by U.S. GAAP.

Valspan’s representatives met with us to discuss the scope of the engagement, spent time touring our facility and meeting with our people to better understand our requirements. They provided us with a detailed service quotation including the expected time requirements, projected costs and anticipated completion date. Valspan was able to met our timeline without minimal disruption our operations and time required by company personnel. Most importantly, our auditors and internal managers were very satisfied with their final report.

I am very satisfied with my experience in working with Valspan and believe they have a broad knowledgeable of equipment and operations, are very professional in their approach and have a concern about meeting their clients’ delivery expectations.

Dan Powell
ENTEK International
Phone: 1.541.259.3901
Fax: 1.541.259.3932