Sixth Annual

TFI Asset Valuation Conference

January 13-14, 2011

Courtyard Marriott Downtown, Austin, Texas

This conference and the Pre-Conference Seminar: TFI Technology Forecasting for Valuation will be held consecutively. Register for both and receive a discount!

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Conference Overview

Technology change, convergence, and new disrupters are turning the traditional telecommunications industry upside down and accelerating technology obsolescence in the traditional telephone, wireless, and cable television networks. This conference focuses on how to quantify the impact of technology change on the value of communications assets. Geared to property tax, depreciation, and valuation professionals in the communications industry, conference presenters and panels discuss current forecasting, broadband and wireless communications, and valuation issues.

Who Should Attend

Professionals and managers involved in:

Property Taxes
Depreciation
Financial Reporting
Asset Valuation
Legal
Price Regulation

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January 2010 Conference Schedule. We will post the 2011 Schedule later in the year.

January 2010, Day 1:

— 8:30 am - Introductions & Welcome - Larry Vanston

— 8:40 am - TFI Research: News and Overview - Larry Vanston

— 9:50 am - Break

— 10:00 am - Panel: Impacts of Technology Change on Wireless Assets

Allison Garton, Property Tax Supervisor, Cricket Communications

Michael Heaton, Director, Duff & Phelps

Ray L. Hodges, Senior Consultant, Technology Futures, Inc.

— 11:30 am - Lunch Break

— 1:00 pm - Panel: Obsolescence in Long-Distance and Local Exchange Networks

Charles Burkhardt, Assistant Director, Property Tax Group, Verizon

Carl Hoemke, Managing Director, Duff & Phelps

James Stegeman, President, CostQuest Associates

Robert Strong, Tax Director, AT&T

Larry Vanston, President, TFI

— 2:20 pm - Break

— 2:30 pm - Panel: Asset Valuation in a Converged Communciations Industry

Kelly Necessary, Senior Director, Property Tax, Time Warner Cable

Richard Mashing, Director, Property Tax, Verizon

Stephen Yergeau, Director of Property Taxes, T-Mobile

Chris Zamora, Director, Thomson Reuters

— 3:50 pm - Break

— 4:00 pm - Panel: Technology Obsolescence and Asset Valuation: Current Issues

Jason S. Chao, Senior Manager, Ernst & Young

Todd Heinrich, Senior Manager, Thomson Reuters

Larry Vanston, President, Technology Futures, Inc.

— 5:30 pm - Day Ends

— 6:00 pm - Reception at Cedar Door

January 2010, Day 2:

— 8:30 am - Panel: Alternatives For Broadband Access: The Dynamics

Jim Dombrowski, Assistant Director, Property Tax Group, Verizon

Hal Holmquist, Director, Property Tax, CenturyLink

George O'Neil, Vice President, Network Services, Guadalupe Valley Telephone Coop

Kermit Ross, President/Founder, Millennium Marketing

Larry Vanston, President, Technology Futures, Inc.

— 9:50 am - Break

— 10:00 am - Panel: Multiple Perspectives on Technological Obsolescence: Financial Reporting, Regulatory, Appraisal, and Valuation

Jeffrey Binkley, Senior Director, Thompson Reuters

Paul Chill, Principal, Deloitte Financial Advisory Services

Carl Hoemke, Managing Director, Duff & Phelps

— 11:30 am - Break

— 11:40 am - General Interest Feature: Minitrends: Finding & Profiting from Emerging Technology Gems

John Vanston, Book Author & Chairman, TFI

— 12:20 am - Concluding Remarks - Larry Vanston

— 12:30 pm - Conference Ends

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Previous Attendees


3M	Advantax	American Appraisal	AT&T
AT&T Mobility	AUS Consultants	Arizona Attorney General Office	Baker Donelson
Bexar Appraisal	BCRI	Blankenship Resources	Capitol Appraisal Group
CenturyLink	CHR Solutions	Clearwire	Collin County Appraisal
Comcast	Cricket Communications	CostQuest Associates	Dallas Central Appraisal
Deloitte	Duff & Phelps	Embarq	Ernst & Young
FTTH	FMV Opinions	Grant Thornton	GVTC Communications
Hiscock & Barclay, LLP	Hawley Troxell Ennis & Hawley LLP	Hill Ward Henderson Law Firm	KPMG
Law Offices of Peter Michaels	Level 3 Communications	Millinium Marketing	Qwest
Revenue Wisconsin	Satai Network	SC&H Group, LLC	Sprint/Nextel
State of California Board of Equalization	Tarrant County Appraisal	Tax Compliance Inc.	Thompson Reuters
Time Warner Cable	T-Mobile	TRCI	Texas Comptroller of Public Accounts
UHY Advisors	Verizon

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What Attendees Say

"Thank you for putting on your seminars and conference. Although I have used various TFI tables over the years and read several of your publications, there is an additional and unique learning experience to be had via the lectures and interaction with the audience and TFI. Through the questions, comments, and answers one hears the issue presented from a variety of perspectives and has the opportunity to put in one's own words their own comments and questions to see if they understand it or not, etc. One-on-one with the authors, the experts, a wonderful educational opportunity."

Robert G. Strong, Tax Director
AT&T

"Based on TFI's knowledge, skills and experience, I strongly recommend their annual Technology Futures Asset Valuation Conference to anyone who is involved in assessing telecommunications equipment or anyone involved with telecommunications in some form or another."

Raul Reyes, Business Personal Property Supervisor
Dallas Central Appraisal District

"Overall, the TFI Asset Valuation Conference has excellent and timely topics. The topics are relevant to what is currently happening in today's marketplace, including telecommunications convergence, obsolescence of telecom networks, and the impact of broadband initiatives across the industry. This program is a must for anyone charged with determining fair market value for telecom assets."

Rick Masching, Property Tax Director
Verizon Communications

"Great program...information is timely and program ties together well. Good for attendees with various background and interests. I highly recommend."

Jeffery S. Binkley, Senior Director
Thomson Reuters

"I found the insights on technology changes in-process and planned and their current and expected impact on replacement of assets most useful. Proper valuation must take into account technological externalities that will diminish the value of the existing assets. The technological innovations are having a such an impact that keeping up is essential. This conference keeps me up to date."

Roger Grabowski, Managing Director
Duff & Phelps

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Conference Speakers

Seminar Director Dr. Lawrence Vanston, President, TFI
Lawrence K. Vanston, Ph.D.,
President, Technology Futures, Inc.

Conference Director and Presenter

Conference Speaker, Dr. John Vanston, TFI
John H. Vanston, Ph.D.,
President, Technology Futures, Inc.

Conference Presenter

January 2010 Panelists. 2011 Panelists will be announced later this year.

Jeffrey Binkley, Senior Director, Thompson Reuters
Charles Burkhardt, Assistant Director, Property Tax Group, Verizon
Jason S. Chao, Senior Manager, Ernst & Young
Paul Chill, Principal, Deloitte Financial Advisory Services
Jim Dombrowski, Assistant Director, Property Tax Group, Verizon
Allison Garton, Property Tax Supervisor, Cricket Communications
Michael Heaton, Director, Duff & Phelps
Todd Heinrich, Senior Manager, Thomson Reuters
Ray L. Hodges, Senior Consultant, Technology Futures, Inc.
Carl Hoemke, Managing Director, Duff & Phelps
Hal Holmquist, Director, Property Tax, CenturyLink
Richard Mashing, Director, Property Tax, Verizon
Kelly Necessary, Senior Director, Property Tax, Time Warner Cable
George O'Neil, Vice President, Network Services, Guadalupe Valley Telephone Coop
Kermit Ross, President/Founder, Millennium Marketing
James Stegeman, President, CostQuest Associates
Robert Strong, Tax Director, AT&T
Larry Vanston, President, Technology Futures, Inc.
Stephen Yergeau, Director of Property Taxes, T-Mobile
Chris Zamora, Director, Thomson Reuters

See Conference Schedule above for Panels

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January 12-14, 2011 Pre-Conference Seminar and Conference Registration

We recommend that attendees to "TFI Asset Valuation Conference" also attend "TFI Forecasting for Valuation Seminar."

Pre-Conference Seminar: TFI Technology Forecasting for Valuation January 12, 2011: Early Bird Standard Rate by December 1, 2010:
$445.00 (After Dec. 1, 2010: $495 for seminar); Early Bird Assessor/Government Rate by Dec. 1, 2010:
$215.00 (After Dec. 1, 2010: $245.00 for seminar)
TFI Asset Valuation Conference January 13-14, 2011: Early Bird Standard Rate by December 1, 2010:
$895.00 (After Dec. 1, 2010: $995 for conference); Early Bird Assessor/Government Rate by December 1, 2010:
$445.00 (After Dec. 1, 2010: $495.00 for conference)
Register for both Pre-Conference Seminar and Conference January 12-14, 2011: Early Bird Standard Rate by December 1, 2010:
$1,125.00 (After Dec. 1, 2010: $1,250 for seminar and conference); Early Bird Assessor/Government Rate by December 1, 2010:
$575.00 (After Dec. 1, 2010: $650 for seminar and conference)

(Check boxes first and then "Register Online")

To receive updated seminar details, dates, and registration information for future sessions, please click here.

[Substitution/Cancellation Policy]

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Location Information

The conference will be held at the Courtyard Marriott Downtown, located at 300 East 4th Street, Austin, TX, 78701. The hotel is within walking distance to Town Lake's hike and bike trails, the Austin Convention Center, and Austin's famous Sixth Street entertainment district. Also nearby is the State Capitol, Bob Bullock Museum, Governor's Mansion, University of Texas Campus, LBJ Library, and other sites.

Please contact TFI for room rates and reservation contacts. The Courtyard Marriott is a non-smoking facility. It provides complimentary high-speed Internet and wireless access throughout the hotel. For more information about Austin, please visit http://www.austin360.com/ and/or http://www.austin-chamber.org.

Please contact Carrie Vanston at info@tfi.com or call us at (800) 835-3887 or (512) 258-8898 with any questions regarding the conference.

CONFERENCES & SEMINARS

What Attendees Say

“... a unique learning experience to be had via the lectures and interaction with the audience and TFI."

Robert G. Strong, Tax Director
AT&T

"Based on TFI's knowledge, skills and experience, I strongly recommend their annual Technology Futures Asset Valuation Conference to anyone who is involved in assessing telecommunications equipment or anyone involved with telecommunications in some form or another."

Raul Reyes, Business Personal Property Supervisor
Dallas Central Appraisal District

"This program is a must for anyone charged with determining fair market value for telecom assets."

Rick Masching,
Property Tax Director
Verizon Communications

"Great program ... information is timely and program ties together well. Good for attendees with various background and interests. I highly recommend it."<

Jeffery S. Binkley,
Senior Director
Thomson Reuters

"… Proper valuation must take into account technological externalities that will diminish the value of the existing assets. The technological innovations are having a such an impact that keeping up is essential. This conference keeps me up to date."

Roger Grabowski,
Managing Director
Duff & Phelps