DVC Smalltech Letter Year One: +31.4%

On September 26th, 2008 The DVC Smalltech Letter made what would turn out to be a rather inauspicious debut; we made Intrinsyc Software (TSX:ICS) our first profiled company. While Intrinsyc has rewarded us with a 42.5% loss, the other fourteen companies we have since zeroed in on have more than made up for it, pulling our average gain up to 31.4%. If at first you don’t succeed….

1. Intrinysc Software: Profile date: September 26, 2008. Price at profile
date: $0.20. Price at Sept. 25, 2009: $0.115 Gain/Loss to date: -42.5%

2. Carmanah Technologies: Profile date: October 6, 2008. Price at profile
date: $0.78. Price at Sept 25, 2009: $.86 Gain/Loss to date: +10.3%

3. Versatile Systems: Profile date: October 19th, 2008. Price at profile
date: $0.11. Price at Sept. 25, 2009: $.020 Gain/Loss to date: +81.8%

4. Jemtec Inc. Profile date: October 15th, 2008. Price at profile date:
$0.81. Price at Sept 25, 2009: $0.67 Gain/Loss to date: -17.3%

5. Tecsys Inc. Profile date: October 27th, 2008. Price at profile date:
$1.20. Price at Sept. 25, 2009: $1.93. Gain/Loss to date: +60.8%

6. Matrikon Inc. Profile date: November 3rd, 2008. Price at profile date:
$2.10. Price at Sept 25, 2009: $2.60. Gain/Loss to date: +23.8%

7. Sierra Wireless: Profile date: November 10th, 2008. Price at profile
date: $9.50 Price at Sept 25, 2009: $10.13. Gain/Loss to date: +6.6%

8. Chartwell Technologies: Profile date: November 17th, 2008. Price at
profile date: $1.55. Price at Sept 25, 2009: $1.39 Gain/Loss to date:
-10.3%

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: December1st, 2008. Price at profile date:
$0.245. Price at Sept 25, 2009: $0.33 Gain/Loss to date: +34.7%.

11. Glentel Inc. Profile date: January 5, 2009. Price at profile date:
$8.75. Price at Sept 25, 2009: $14.26 Gain/Loss to date: 62.9%

12. Miranda Technologies Inc. Profile date: January 19th, 2009. Price at
profile date: $6.99. Price at Sept 25, 2009: $6.17 Gain/Loss to date:
-11.7%

13. RDM Corp: Profile date: February 2, 2008. Price at profile date:
$0.75. Price at Sept 25, 2009: $.99. Gain/Loss to date: +40%

14. Hemisphere GPS: Profile date: May 8, 2009. Price at profile date:
$1.22. Price at Sept 25, 2009: $1.20 Gain/Loss to date: -1.6%

15. International Datacasting: Profile Date August 28, 2009. Price at
profile date:
0.265. Price at Sept. 25, 2009: .26 Gain/Loss to date: -1.9%