JOHN A. THOMSON, ASA, MAI

Phone: (562) 437-6000
ktsinc@verizon.net

PRESENT POSITION: Mr. John A. Thomson is a Vice President and the Managing Director of the Long Beach, California office of Klaris, Thomson & Schroeder, Inc.

PROFESSIONAL AFFILIATIONS: Mr. Thomson is an accredited senior appraiser of the American Society of Appraisers designated in business valuations and intangible properties with the ASA designation (1982). He holds the MAI designation of the Appraisal Institute (1987). Mr. Thomson holds a general real estate appraiser license in California (AG001840). He is a licensed California Real Estate Broker. He was a member of the ESOP Association Valuation Advisory Committee from 1986 to 1993.

EXPERIENCE: Active in the appraisal profession since 1976, he was engaged in a related profession for the 3 prior years and spent the previous 7 years in the engineering field. He has prepared appraisals of businesses and intangibles, real estate, and machinery and equipment for the purpose of sale/purchase, insurance, SBA financing, ad valorem tax, ESOTs, dissolutions, recapitalizations, allocation of purchase price, bankruptcy proceedings, litigation support, solvency and fairness opinions, and IRC Section 482 tax matters.

EMPLOYMENT: Before joining Klaris, Thomson & Schroeder, Inc., Mr. Thomson had been associated with another national multi-discipline appraisal firm. This latter association began in 1976 as a machinery and equipment appraiser in the Philadelphia offices. In 1978, Mr. Thomson transferred to the Los Angeles office as a Financial Appraiser. Mr. Thomson was Appraisal Manager from 1983 to 1985. In 1985, he was promoted to Vice President Consulting, and in 1988 he was promoted to Sr. Vice President and Chief Appraiser- a position he held until co-founding Klaris, Thomson & Schroeder, Inc. Prior to 1976, Mr. Thomson was employed several years in the engineering field.

COURT TESTIMONY: Mr. Thomson has testified as an expert witness in the states of New York (1995), Washington (circa 1981 & 1982), Oregon (circa 1981 & 1982), Maryland (1998), Missouri (1991), Georgia (1987), Florida (1992 & 1993), California (various 1981-2008), Texas (1994, 1995, 1997, 2001, 2003, 2005), New Orleans, LA (2003), the District Court of Nevada (circa 1984 & 2005), as well as the United States Tax Court (circa 1982, 1984, 1987, 1997 & 1998), Federal Bankruptcy Court (1993 & 1994), and numerous tax appeal hearings.

EDUCATION: Mr. Thomson attended the United States Merchant Marine Academy in Kings Point, New York, and holds a B.S. in marine engineering. He received his M.B.A. from Widener University, Chester, Pennsylvania. He has attended numerous appraisal courses and seminars conducted by the American Society of Appraisers, the American Management Association, The Appraisal Institute, and others. He has conducted numerous appraisal seminars and is a frequent speaker on valuation issues.