DVC Smalltech Letter Performance to July 24/09

The profiled companies of The DVC Smalltech Letter gave up some of their lead over the exchange as a whole, but not much. On average, these fourteen stocks were up 15.3% while the TSX as a whole was down 11.9% over the same period.

Underlying Data:

1. Intrinysc Software: Profile date: September 26, 2008. Price at profile
date: $0.20. Price at July 24, 2009: $0.105 Gain/Loss to date: -47.5%

2. Carmanah Technologies: Profile date: October 6, 2008. Price at profile
date: $0.78. Price at July 24, 2009: $.90 Gain/Loss to date: +15.4%

3. Versatile Systems: Profile date: October 19th, 2008. Price at profile
date: $0.11. Price at July 24, 2009: $.095. Gain/Loss to date: -13.6%

4. Jemtec Inc. Profile date: October 15th, 2008. Price at profile date:
$0.81. Price at July 24, 2009: $0.70. Gain/Loss to date: -13.6%

5. Tecsys Inc. Profile date: October 27th, 2008. Price at profile date:
$1.20. Price at July 24, 2009: $1.80. Gain/Loss to date: +50%

6. Matrikon Inc. Profile date: November 3rd, 2008. Price at profile date:
$2.10. Price at July 24, 2009: $1.90. Gain/Loss to date: -9.52%

7. Sierra Wireless: Profile date: November 10th, 2008. Price at profile
date: $9.50 Price at July 24, 2009: $6.80. Gain/Loss to date: -28.4%

8. Chartwell Technologies: Profile date: November 17th, 2008. Price at
profile date: $1.55. Price at July 24, 2009: $1.31 Gain/Loss to date:
-15.5%

9. Aastra Technologies: Profile date: November 24th, 2008. Price at
profile date: $8.94. Price at Close Coverage Date (June 4, 2009): $30.58
Gain/Loss: +242%

10. Serenic Corp: Profile date: December 1st, 2008. Price at profile date:
$0.245. Price at July 24, 2009: $0.185 Gain/Loss to date: -24.5%.

11. Glentel Inc. Profile date: January 5, 2009. Price at profile date:
$8.75. Price at July 24, 2009: $12.25. Gain/Loss to date: 40%

12. Miranda Technologies Inc. Profile date: January 19th, 2009. Price at
profile date: $6.99. Price at July 24, 2009: $4.91 Gain/Loss to date:
-29.8%

13. RDM Corp: Profile date: February 2, 2008. Price at profile date:
$0.75. Price at July 24, 2009: $1.13. Gain/Loss to date: +50.6%

14. Hemisphere GPS: Profile date: May 8, 2009. Price at profile date:
$1.22. Price at July 24, 2009: $1.20. Gain/Loss to date: -1.6%