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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD><TITLE>Asset Management Study</TITLE> <META http-equiv=Content-Type content="text/html; charset=windows-1252"> <META content="Microsoft FrontPage 4.0" name=GENERATOR> <META content=FrontPage.Editor.Document name=ProgId> </HEAD> <BODY bgcolor="#CCCCCC" style="background-color: #FFFFFF"> <p style="line-height: 100%" align="center"><font size="3">If you cannot view this document, go to </font><a href="http://www.guerinassociates.com/Email/Remind-IBM.htm"><font color="#0000FF">www.guerinassociates.com/Email/Remind-IBM.htm</font></a></p> <P style="color: #ffffff; line-height: 150%; background-color: #0000ff; border-style: solid" align=center><b><font size="3">Re: Facilities Forum 2004 - FACILITIES ASSET MANAGEMENT - Survey: February 21, 2004</font></b></P> <P style="LINE-HEIGHT: 150%" align=center><A href="http://www.guerinassociates.com/Email/images/Remind2-Bldg.gif"><IMG height=190 src="http://www.guerinassociates.com/Email/images/Remind2-Bldg.gif" width=191 v:shapes="_x0000_i1026"></A></P> <P style="line-height: 75%" align=center><I><FONT color=#ff0000><B>Reminder to Facilities / Real Estate Professionals:</B></FONT></I><BR><BR>Responses for the IBM Asset Management survey are due <FONT color=#0000ff><B>Friday, March 19.</B></FONT></P> <P style="line-height: 75%" align=center>An electronic copy is available for your convenience: <a href="http://www.guerinassociates.com/Email/ibm_survey.doc"><font color="#0000FF"><b>IBM Survey</b></font></a></P> <P style="line-height: 75%" align=center>Contact us if you wish to participate, but need more time to complete the survey. </P> <P style="line-height: 75%" align=center>You may also participate in the data portion only, by completing Sections A & B.<BR><BR>This study addresses a number of important strategic issues such as:</P> <P style="color: #ffffff; line-height: 75%" align=center><I><B></B></I> <I><B><FONT color=#ff0000 size=3>How do leading firms determine their precise <U>capital investment levels</U>?</FONT></B></I></P> <P style="color: #ffffff; line-height: 75%" align=center><I><B><FONT color=#ff0000 size=3>What are the <U>right ratios</U> for facilities renewal? upgrades? new space?</FONT></B></I></P> <P style="color: #ffffff; line-height: 75%" align=center><I><B><FONT color=#ff0000 size=3>What are the <U>major cost drivers</U> for different types of investment?</FONT></B></I></P> <P style="line-height: 75%" align=center>Participants will receive a report of comparative results, <U>at no cost to your company</U>.<BR><BR>Feel free to email or call Guerin Associates <B><FONT color=#0000ff>(908-903-9070)</FONT></B> for any clarifications. </P> <P style="line-height: 75%" align=center>We hope you'll be joining with other leading companies in this important project. </P> <P style="line-height: 75%" align=center><B>Michael F. Guerin AIA, PE</B> </P> <P style="line-height: 50%" align=center>President, Guerin Associates, Inc. </P> <p style="line-height: 50%" align="center"><u>Contact Us:</u> <a href="mailto:[email protected]"><font color="#0000FF">[email protected]</font></a></p> <p style="line-height: 75%" align="center"><u>About Guerin Associates:</u> <a href="http://www.guerinassociates.com"><font color="#0000FF">www.guerinassociates.com</font></a></p> <P style="LINE-HEIGHT: 100%" align=center><A href="http://www.guerinassociates.com/Email/images/Remind1-Logo.gif"><IMG height=80 loop=0 src="http://www.guerinassociates.com/Email/images/Remind1-Logo.gif" width=240 align=middle border=0></A></P> <P style="LINE-HEIGHT: 100%" align=center><I><FONT face="Brush Script MT" color=#0000ff size=4>"Opening a Window to World Class Performance"</FONT></I></P> </BODY></HTML>