<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G*
Under the Securities Exchange Act of 1934
DAIRY MART CONVENIENCE STORES, INC.
(Name of Issuer)
CLASS A COMMON STOCK, $.01 PAR VALUE
(Title of Class of Securities)
233860204
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE> 2
Page 2 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NEW FRONTIER CAPITAL, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 294,500 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 294,500 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
294,500 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 3
Page 3 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FOUNDER CAPITAL, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 294,500 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 294,500 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
294,500 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 4
Page 4 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WILLIAM L. MUSSER, JR.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 314,900 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 314,900 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
314,900 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
Page 5 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WESTWARD, INC.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
CAYMAN ISLANDS
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 7,900 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 7,900 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,900 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 6
Page 6 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WILLIAM L. MUSSER CO., INC.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 7,900 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 7,900 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,900 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 7
Page 7 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE WILLINPHILA FOUNDATION
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 10,000 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 10,000 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 8
Page 8 of 16 Pages
SCHEDULE 13G
CUSIP NO. 233860204
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EDWIN W. COLMAN FAMILY TRUST
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
WISCONSIN
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 2,500 SHARES
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0 SHARES
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 2,500 SHARES
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 SHARES
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,500 SHARES
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* /X/
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 9
Page 9 of 16 Pages
ITEM 1(a). NAME OF ISSUER:
This statement relates to the securities issued by Dairy Mart Convenience
Stores, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
The address of the Company's principal executive offices is One Dairy Mart
Way, 300 Executive Parkway West, Hudson, Ohio 44236.
ITEM 2(a). NAME OF PERSON FILING:
This Statement is being filed by New Frontier Capital, L.P. ("New
Frontier"), Founder Capital, L.P. ("Founder Capital"), William L. Musser, Jr.,
Westward, Inc. ("Westward"), William L. Musser Co., Inc., the Willinphila
Foundation, and the Edwin W. Colman Family Trust (the "Colman Family Trust").
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of New Frontier, Founder
Capital, William L. Musser, Jr. and William L. Musser Co., Inc. is 919 Third
Avenue, New York, New York 10022. The principal business office of Westward is
Hemisphere Fund Managers Ltd., Genesis Building, Jennett Street, P.O. Box
30362-SMB, George Town, Grand Cayman, Cayman Islands. The principal business
address of the Willinphila Foundation is 167 East 82nd Street, New York, New
York 10028-1856. The principal business address of the Colman Family Trust is
Godfrey & Kahn, 780 North Water Street, Milwaukee, Wisconsin 53202.
ITEM 2(c). CITIZENSHIP:
New Frontier and Founder Capital are Delaware limited partnerships. William
L. Musser Co., Inc. is a Delaware corporation. William L. Musser, Jr. is a
United States citizen. Westward is a Grand Cayman corporation. The Willinphila
Foundation is organized under the laws of New York. The Colman Family Trust is
organized under the laws of Wisconsin.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Class A Common Stock.
ITEM 2(e). CUSIP NUMBER:
233860204
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13D-1(b) OR
240.13D-2(b) OR (c):
<PAGE> 10
Page 10 of 16 Pages
Inapplicable.
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
New Frontier 294,500 Shares
Founder Capital 294,500 Shares
William L. Musser, Jr. 314,900 Shares
Westward 7,900 Shares
William L. Musser Co., Inc. 7,900 Shares
The Willinphila Foundation 10,000 Shares
Colman Family Trust 2,500 Shares
(b) Percent of Class:
New Frontier 9.3%
Founder Capital 9.3%
William L. Musser, Jr. 9.9%
Westward 0.3%
William L. Musser Co., Inc. 0.3%
The Willinphila Foundation 0.3%
Colman Family Trust 0.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
New Frontier 294,500 Shares
Founder Capital 294,500 Shares
William L. Musser, Jr. 314,900 Shares
Westward 7,900 Shares
William L. Musser Co., Inc. 7,900 Shares
The Willinphila Foundation 10,000 Shares
Colman Family Trust 2,500 Shares
(ii) shared power to vote or to direct the vote:
New Frontier 0 Shares
Founder Capital 0 Shares
<PAGE> 11
Page 11 of 16 Pages
William L. Musser, Jr. 0 Shares
Westward 0 Shares
William L. Musser Co., Inc. 0 Shares
The Willinphila Foundation 0 Shares
Colman Family Trust 0 Shares
(iii) sole power to dispose or to direct the disposition of:
New Frontier 294,500 Shares
Founder Capital 294,500 Shares
William L. Musser, Jr. 314,900 Shares
Westward 7,900 Shares
William L. Musser Co., Inc. 7,900 Shares
The Willinphila Foundation 10,000 Shares
Colman Family Trust 2,500 Shares
(iv) shared power to dispose or to direct the disposition of:
New Frontier 0 Shares
Founder Capital 0 Shares
William L. Musser, Jr. 0 Shares
Westward 0 Shares
William L. Musser Co., Inc. 0 Shares
The Willinphila Foundation 0 Shares
Colman Family Trust 0 Shares
Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, New
Frontier, Founder Capital, William L. Musser, Jr., William L. Musser Co., Inc.,
Westward, the Willinphila Foundation and the Colman Family Trust hereby declare
that the filing of this Statement shall not be construed as an admission that
any person other than New Frontier is the beneficial owner of the 294,500 Class
A Common Shares covered by this Statement as to which New Frontier has sole
dispositive power (the "New Frontier Shares") and none of William L. Musser Co.,
Westward, the Willinphila Foundation and/or the Colman Family Trust has either
the power to vote or dispositive power over the New Frontier Shares.
Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, New
Frontier, Founder Capital, William L. Musser, Jr., William L. Musser Co., Inc.,
Westward, the Willinphila Foundation and the Colman Family Trust hereby declare
that the filing of this Statement shall not be construed as an admission that
any person other than Westward is the beneficial owner of the 7,900 Class A
Common Shares covered by this Statement as to which Westward has sole
dispositive power (the "Westward Shares") and none of New Frontier, Founder
Capital, the Willinphila Foundation and/or the Colman Family Trust has either
the power to vote or dispositive power over the Westward Shares.
<PAGE> 12
Page 12 of 16 Pages
Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, New
Frontier, Founder Capital, William L. Musser, Jr., William L. Musser Co., Inc.,
Westward, the Willinphila Foundation and the Colman Family Trust hereby declare
that the filing of this Statement shall not be construed as an admission that
any person other than the Willinphila Foundation, is the beneficial owner of the
10,000 Class A Common Shares covered by this Statement as to which Willinphila
Foundation has sole dispositive power (the "Willinphila Foundation Shares") and
none of New Frontier, Founder Capital, William L. Musser Co., Westward, and/or
the Colman Family Trust has either the power to vote or dispositive power over
the Willinphila Foundation Shares.
Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, New
Frontier, Founder Capital, William L. Musser, Jr., William L. Musser Co., Inc.,
Westward, the Willinphila Foundation and the Colman Family Trust hereby declare
that the filing of this Statement shall not be construed as an admission that
any person other than the Colman Family Trust, is the beneficial owner of the
2,500 Class A Common Shares covered by this Statement as to which the Colman
Family Trust has sole dispositive power (the "Colman Family Trust Shares") and
none of New Frontier, Founder Capital, William L. Musser Co., Westward and/or
the Willinphila Foundation has either the power to vote or dispositive power
over the Colman Family Trust Shares.
New Frontier, Founder Capital, William L. Musser, Jr., William L. Musser
Co., Inc., Westward, the Willinphila Foundation and the Colman Family Trust
hereby declare that New Frontier, Founder Capital, William L. Musser, Jr.,
William L. Musser Co., Inc., the Willinphila Foundation and the Colman Family
Trust do not have a beneficial ownership interest in Westward.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Inapplicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Inapplicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Inapplicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
New Frontier, Founder Capital, William L. Musser, Jr., William L. Musser
Co., Inc., Westward, the Willinphila Foundation and the Colman Family Trust
hereby declare that no agreement exists among them to act together for the
purpose of acquiring, holding, voting or disposing of Class A Common Shares
covered by this Statement. Pursuant to Rule 13d-5(b)(1) under the Securities
Exchange Act, as
<PAGE> 13
Page 13 of 16 Pages
amended, New Frontier, Founder Capital, William L. Musser, Jr., William L.
Musser Co., Inc., Westward, the Willinphila Foundation and the Colman Family
Trust may be deemed to be members of a group by virtue of the power of William
L. Musser, Jr. to directly or indirectly dispose of or cause the disposition of
the Class A Common Shares covered by this Statement.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Inapplicable.
ITEM 10. CERTIFICATION.
By signing below, the undersigned certify that, to the best of their
knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.
<PAGE> 14
Page 14 of 16 Pages
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: November 24, 1998
NEW FRONTIER CAPITAL, L.P.
By: Founder Capital, L.P.
General Partner
By: /s/ William L. Musser, Jr.
--------------------------------
William L. Musser, Jr.
General Partner
WESTWARD, INC.
By: William L. Musser Co., Inc.
Investment Manager
By: /s/ William L. Musser, Jr.
--------------------------------
William L. Musser, Jr.
President
WILLINPHILA FOUNDATION
By: /s/ William L. Musser Jr.
--------------------------------
William L. Musser Jr.
Co-Trustee
EDWIN W. COLMAN FAMILY TRUST
By: /s/ Carol Colman Timmis
--------------------------------
Carol Colman Timmis
Co-Trustee
<PAGE> 1
Page 15 of 16 Pages
Exhibit 1
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP
New Frontier, Founder Capital, William L. Musser, Jr., William L. Musser
Co., Inc., Westward, the Willinphila Foundation and the Colman Family Trust
hereby declare that no agreement exists among them to act together for the
purpose of acquiring, holding, voting or disposing of the Class A Common Shares
covered by this Statement. Pursuant to Rule 13d-5(b)(1) under the Securities
Exchange Act, as amended, New Frontier, Founder Capital, William L. Musser, Jr.,
William L. Musser Co., Inc., Westward, the Willinphila Foundation and the Colman
Family Trust may be deemed to be members of a group by virtue of the power of
William L. Musser, Jr. to directly or indirectly dispose of or cause the
disposition of the Class A Common Shares covered by this Statement.
<PAGE> 1
Page 16 of 16 Pages
Exhibit 2
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, each of the persons named below agrees to the joint filing of
a Statement on Schedule 13G (including amendments thereto) with respect to the
common stock, par value $0.01, of Dairy Mart Convenience Stores, Inc., and
further agrees that this Joint Filing Agreement be included as an exhibit to
such filings provided that, as contemplated by Section 13d-1(k)(1)(ii), no
person shall be responsible for the completeness or accuracy of the information
concerning the other persons making the filing, unless such person knows or has
reason to believe that such information is inaccurate. This Joint Filing may be
executed in any number of counterparts, all of which together shall constitute
one and the same instrument.
NEW FRONTIER CAPITAL, L.P.
By: Founder Capital, L.P.
General Partner
By: /s/ William L. Musser, Jr.
--------------------------------
William L. Musser, Jr.
General Partner
WESTWARD, INC.
By: William L. Musser Co., Inc.
Investment Manager
By: /s/ William L. Musser, Jr.
--------------------------------
William L. Musser, Jr.
President
WILLINPHILA FOUNDATION
By: /s/ William L. Musser Jr.
--------------------------------
William L. Musser Jr.
Co-Trustee
EDWIN W. COLMAN FAMILY TRUST
By: /s/ Carol Colman Timmis
--------------------------------
Carol Colman Timmis
Co-Trustee
