Volterra Semiconductor

Just prior to its Initial Public Offerings in late July 2004, Volterra (Nasdaq: VLTR) management brought Nagle & Ferri on board to develop an investor relations program. Our efforts resulted in one of the most prominent and successful IPOs of 2004. By developing and implementing positioning strategies designed to underscore the “uniqueness” of the offering and then proactively reaching out to sellside targets, from the time the company emerged from its post-IPO quiet period (at the end of August 2004) through late 2004, Nagle & Ferri helped increase the company’s stock price from less than $8.00 to more than $25.00, adding four non-underwriter sellside analysts to the client’s coverage base. The company’s market cap more than doubled from $200 million to $413 million, more than doubling the investment value for shareholders, employees and other stakeholders.

Hired on a project basis, Nagle & Ferri recruited four non-sponsoring analysts to initiate coverage from the time of Volterra Semiconductor’s IPO in late July 2004 through late November 2004, helping to boost the stock performance from less than $8.00 per share to more than $25.00. In that timeframe, we helped to more than double the company’s market capitalization – from $200 million to $413 million. Chart Key: Performance comparison with Nasdaq National Market Composite (IXIC), Dow Jones Industrial Average (DJI) and Standard & Poors (GSPC).