Values Statement

In carrying out its mission, FormaShape™ is committed to the following values:

• Commitment to our customers: understanding and responding to customer needs is the number one priority
• Commitment to our shareholders: to provide a superior return on investment
• Commitment to quality: continuous improvement through the introduction of systems and training to assure quality
• Commitment to personal and professional growth of employees: FormaShape™ wants employees to stay with and develop with the Company through the provision of career paths and professional growth opportunities
• Commitment to an accountable, responsible workforce: FormaShape™ will provide a working environment where productivity, innovation and personal satisfaction are the norms

The Company believes in team-based incentive programs. Emphasis is given to the use of problem solving groups, and group or team incentives based on productivity and profits.

The Company's job design is based on total quality management, continuous improvement, job enlargement and enrichment, and Kaizen principles.

The Company must continue to become more competitive and efficient by acquiring the most current marketing technologies, advancing skills and efficiencies, and reducing non-value-added activities. Emphasis is therefore given to the improvement of skill levels of all employees, as well as to the introduction and implementation of new, more efficient manufacturing technology and systems.

In organization performance, The Company is seeking:

• Employee satisfaction through employee commitment to the Company, quality of life, job satisfaction, and good morale;
• Good employer-employee relations with low employee resistance to change, minimum conflict within the Company, low rate of absenteeism, low rates of grievance, and low employee turnover;
• Good economic performance with the highest product and service quality. The highest level of customer satisfaction, high productivity, and a good return on invested capital;
• The continuing upgrade of skills of all employees to distance ourselves from our competition, and allow for the introduction and implementation of new, more efficient manufacturing and technology systems.

Underlying FormaShape's™ ideology and business objectives is the recognition of the importance of communication in achieving those goals.

Major emphasis must be put on communications throughout the Company. Good, open and comprehensive communication internally, as well as externally to all stakeholders. It is vital that all FormaShape's™ Mission and Values Statements as well as the FormaShape™ ideology, how we intend to reach our goals, and what our progress is to date.

COMMUNICATION, COMMUNICATION, COMMUNICATION!
TELL IT FIRST…TELL IT RIGHT!

Commitment to our community: FormaShape™ encourages employee participation in community involvement, and conducts its business in a manner responsible to community and environmental concerns.