Thank you Greg, LaDona, Brooke and the rest of the Capital Partners Team.

You have been most helpful to SES this year increase our working capital and enabling us to finance the growth of our business.

We look forward to continuing what we believe is a good working relationship with Capital Partners in 2012 as we continue to grow our business.

Merry Christmas from all of us to all of you and your families and our best wishes for a happy & healthy New Year!

Regards,

Allan V.

Chief Operating Officer

SES, Inc.