Relocation 05 07

COLORADO SPRINGS: 

COLORADO SPRINGS OUTDOORS COLOR

FRESH AIR: 

FRESH AIR OUTDOORS

FRESH AIR: 

FRESH AIR HEALTHY

LIFESTYLE: 

LIFESTYLE HEALTHY

LIFESTYLE: 

LIFESTYLE RELAX

AFFORDABLE: 

AFFORDABLE RELAX

AFFORDABLE: 

AFFORDABLE CHOICE

CREATIVE: 

CREATIVE CHOICE

CREATIVE: 

CREATIVE COMMUNITY

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COLORADO SPRINGS OVERVIEW May 2007

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Table of Contents 1. Location 2. Quality of Life 3. Avoid Natural Disasters 4. Demographics 5. Air Service Education Health Care 8. Cost of Living 9. Taxes 10. Climate 11. Economic Base 12. Recreation Shopping Healthcare

Slide12: 

Location

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United States COLORADO

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1 Hr Nebraska Wyoming Utah New Mexico Colorado I-70 I-25 Kansas 2 Hrs

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Greater Colorado Springs NORAD Pueblo 30 Min 25 25 Denver Metro 1 Hr COLORADO SPRINGS PIKES PEAK

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Business Climate and Quality of Life

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Highly Rated Business Climate and Quality of Life 4th Best City to Relocate a Family Source: Worldwide ERC and Primacy Relocation May 2007 4th Best City to Live Source: Cities Ranked andamp; Rated, 2nd Edition, May 2007 3. 7th Cost-Effective and Secure Data Centers in Nation Source: InformationWeek, October 2006 4. 16th Smartest City in America Source: Money Magazine, August 2006 5. 1st Best Places to Live, Best Big Cities Source: Money Magazine, July 2006 6. 9th Safest Driving City Source: Allstate Insurance Company, May 2006

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Business Strengths Labor Pool 34% of adults have a 4-year college degree 93% of adults have a high school diploma Diverse business base – manufacturing, software, customer service, financial services, sports, education and training Four Technical-scientific military activity centers Air Force Academy Schriever AFB Peterson AFB NORAD

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Business Strengths Experienced, professional labor maximizes productivity, reduces costs Central U.S. location in the Rocky Mountain Time Zone Extensive telecommunications infrastructure

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Quality of Life Mountain resort quality of life Vibrant arts andamp; culture community Denver sports, arts andamp; culture nearby Two hours to major ski resorts Delightful sunny and dry climate Diverse sporting activities Vibrant downtown Easy come, easy go airport Major visitor attractions

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Avoid Natural Disasters

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Colorado Springs

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Key Economic Sectors Aerospace / Defense Customer Service Manufacturing Software / Systems Sports Visitors

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Workforce Partnership UNIVERSITY OF COLORADO AT COLORADO SPRINGS Bachelor, Masters, Ph.D. Degrees PIKES PEAK COMMUNITY COLLEGE Customized Training PIKES PEAK WORKFORCE CENTER Placement and Training Assistance

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Demographics

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Denver Cripple Creek Canon City Woodland Park Colorado Springs Pueblo Monument 50 75 25 75 Mile Population Chart

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MSA Population Growth Population Source: State of Colorado, Department of Local Affairs, May 2007 Natural Increase andamp; Migration

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MSA Population Growth History - % 2.0% Average Increase Over 10 Years Percent Source: State of Colorado, Department of Local Affairs, May 2007

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MSA Population Projection Source: State of Colorado, Department of Local Affairs, May 2007 Population in Thousands 1.72% Increase per year 1.42% Increase per year 1.32% Increase per year 1.22% Increase per year

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Air Service

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Source: Colorado Springs Airport, May 2007 Non-Stop Air Service Allegiant Air – Las Vegas American Airlines – Dallas/Ft. Worth American Eagle Airlines – Chicago (O’Hare), Dallas/Ft. Worth Comair Incorporated - Cincinnati Delta Air Lines – Atlanta ExpressJet Airlines, Inc. – Houston, Ontario, Sacramento, San Diego Mesa Air Group – Albuquerque, Chicago (O’Hare), Denver, Los Angeles Northwest Airlines – Minneapolis/St. Paul Skywest Airlines (United) – Atlanta, Chicago (O’Hare), Denver, Los Angeles, Salt Lake City, San Francisco United Express – Denver US Airways/AM West Express – Las Vegas, Phoenix

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Colorado Springs Non-Stop Flights Colorado Springs

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Denver Non-Stop Flights COLORADO 1 Hour Drive to Denver

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Education

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Pikes Peak Community College

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Source: Offices of Admissions and Records - Fall 2006 Approximate Enrollment Educational Institutions Universities and Colleges University of Colorado at Colorado Springs (7,547) U.S. Air Force Academy (4,365) Colorado College (1,977) Colorado Technical University (1,962) Regis University (1,419) Webster University (301) Nazarene Bible College (532) University of Phoenix at Colorado Springs (1,242) Colorado Christian University (312) Colorado State University – Pueblo (589)

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Source: Offices of Admissions and Records - Fall 2006 Approximate Enrollment Educational Institutions Vocational Institutions/Junior Colleges Pikes Peak Community College (10,111) IntelliTec College (262) Everest College (500) National American University (305) Boarding/Private Schools Colorado Springs Christian School Colorado Springs School Fountain Valley School

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Source: Individual District Offices, Fall 2005 MSA Education Facts 2005 - 2006 Student Enrollment Average of All Districts: Student Teacher Ratio - Percent Pursuing Continuing Education - Drop-Out Rate for Secondary Grades - Percent of Teachers with Postgraduate Degrees District 11 - 52% District 12 - 61% District 20 - 55% District 38 - 54% District 49 - 33% State Average - 48% 102,260 15:1 82.0% 1.0%

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MSA Education K-12 Facts 2006 ACT Scores per Largest Districts: Math English Reading Science Average District 11 17.7 17.3 18.6 18.2 18.1 District 12 21.6 20.3 21.1 20.5 20.9 District 20 20.2 20.0 20.9 20.5 20.5 District 38 21.9 21.0 22.0 21.6 21.8 District 49 18.8 17.9 19.6 19.5 19.1 The State of Colorado requires all high school juniors to take the ACT test.

K-12 Advanced Programs: 

K-12 Advanced Programs School District 11 offers an International Baccalaureate Program. A rigorous, pre-university course of study for highly motivated students, the IB Diploma program serves high school juniors and seniors. School District 20 was the first district in North America to offer a K-12 International Baccalaureate Program. The Primary Years Program is offered at 2 elementary schools for grades K-5. The Middle Years Program for grades 6-10 are offered at 1 middle school and 1 high school with the Diploma Years Program continuing at the high school for grades 11-12.

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Cost of Living

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Cost of Living Percent of Nat’l Average 103.4 102.2 97.7 98.9 91.8 97.9 Source: ACCRA-COLI Q4-2006; *Q2-2006 ACCRA Report Based on a composite of 100% 105.4 102.5 100.0 109.4 Dallas, TX COLORADO SPRINGS, CO Boise, ID Spokane, WA Albuquerque, NM Raleigh, NC NATIONAL AVERAGE Salt Lake City, UT Phoenix, AZ Denver, CO Reno-Sparks, NV Las Vegas, NV Seattle, WA* Portland, OR Los Angeles, CA 95.4 99.1 147.0 121.1 115.3

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Housing Cost Comparison Source: ACCRA-COLI Q4-2006; *Q2-2006 Three Bedroom Home (2,400 sq.ft.) 311,103 356,000 Dallas, TX Boise, ID Spokane, WA COLORADO SPRINGS, CO Raleigh, NC Salt Lake City, UT NATIONAL AVERAGE Albuquerque, NM Phoenix, AZ Denver, CO Reno-Sparks, NV Las Vegas, NV Seattle, WA* Portland, OR Los Angeles, CA 310,631 323,676 834,172 347,608 406,501 275,485 437,134 414,219 336,014 288,914 $221,231 290,799 269,690

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169.88 165.85 157.79 162.20 140.37 130.52 Residential Utility Comparison 159.12 $112.08 Source: ACCRA-COLI Q4-2006; *Q2-2006 Average monthly cost for all-electric homes or the average monthly cost at current rates for natural gas, fuel oil, coal, wood, and any other forms of energy. Monthly Average 151.84 123.19 144.05 149.12 167.33 137.90 COLORADO SPRINGS, CO Salt Lake City, UT Albuquerque, NM Raleigh, NC Spokane, WA Boise, ID Los Angeles, CA Seattle, WA* Dallas, TX Phoenix, AZ Reno-Sparks, NV NATIONAL AVERAGE Las Vegas, NV Denver, CO Portland, OR 175.29

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Taxes

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Source: Stockman Kast Ryan andamp; Company, January 2007 Corporate Income Tax 4.63% Rate With Adjustments No 'S Corporation' State Tax For apportioning income between states, Colorado allows the corporation to elect the 'two-factor method' (property and revenues) or the 'three-factor method' (property, revenues and payroll).

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Source: Stockman Kast Ryan andamp; Company, January 2007 Personal Income Tax 4.63% of Federal Taxable Income, with Adjustments Alternative Minimum Tax - 3.47% of AMT Income calculated using Federal rules with appropriate state adjustments

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Source: Stockman Kast Ryan andamp; Company, January 2007 Property Tax Benefits No Tax on Inventory No City Tax on Custom Software No State Tax on Computer Software Credits on Large Personal Property Investment (4 years) City - 50% credit - above $1 million - 90% credit - above $5 million Negotiated with the City of Colorado Springs, based on results of an economic impact analysis.

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Climate

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Source: National Climatic Data Center, Comparative Climatic Data for the United States through 2000, 05/07 *through 2004, 05/07 30 Year Average MSA Climate Facts Average Annual Precipitation 17.4 Inches Average High Temperature July 84.4 Degrees January 41.7 Degrees Average days of Sunshine* 250 days (Clear Skies) Average Days of Sunshine 300 days (Including Partly Cloudy)

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Degrees Fahrenheit Source: National Climatic Data Center; Comparative Climatic Data for the United States through 2000, 05/07 MSA Climate Facts 30 Year Average

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Economic Base

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Agilent Technologies, Inc. Atmel Corporation Boeing Company The Computer Sciences Corporation EDS FedEx Services Corporation Focus on the Family Hewlett Packard IR Security andamp; Technologies ITT Industries Inc.-Sys. Div. Intel Corporation Lockheed Martin Corporation Oracle Corporation Progressive Insurance Company Provident Pharmaceutical, LLC Quantum Corp, DLT Division Sanmina-SCI Science Applications Int’l T.Rowe Price Associates, Inc. T-Mobile USA Inc. United Services Automobile Association (USAA) Updated 05/07 Examples of Firms

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Updated 05/07 Lockheed Martin Corporation Northrop Grumman Oracle Corporation Progressive Insurance Company Qwest Communications Int’l Raytheon Company Sanmina-SCI Science Applications Int’l United Services Automobile Association (USAA) Verizon Business Agilent Technologies, Inc. Boeing Company Computer Sciences Corporation Federal Express Corporation Ford Credit Goodrich Corporation Hewlett Packard Honeywell Intel Corporation ITT Industries Inc. L-3 Communications West Fortune 500 Firms

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Verizon

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Intel

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Quantum Corporation

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The Broadmoor – 5 Star Resort

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Progressive Insurance Regional Headquarters

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Compassion International Headquarters

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United States Air Force Academy

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USOC Training Center

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JA Worldwide Headquarters

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Updated 05/07 Headquarters of National Associations andamp; Organizations (Partial List) Compassion International Focus on the Family Junior Achievement Navigators, The Professional Rodeo Cowboys Association Space Foundation, The U.S. Olympic Committee

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Sports Organizations in Colorado Springs (Partial List) Mountain West Conference Pacific Coast League Professional Rodeo Cowboys Association U.S. Fencing Association U.S. Figure Skating Association U.S. Hang Gliding Association, Inc. U.S. Olympic Training Center USA Basketball USA Cycling USA Hockey USA Judo USA Swimming Updated 05/07

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Recreation

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Slide68: 

Recreation Within One Hour Drive Pikes Peak - America’s Mountain Manitou Springs Cheyenne Mountain Zoo Denver Broncos Football Arkansas River Whitewater Cave of the Winds Manitou Cliff Dwellings Royal Gorge Denver Nuggets Basketball Colorado Rockies Baseball Colorado Avalanche Hockey Air Force Falcon Athletics Cripple Creek CC Hockey Skysox Baseball Seven Falls Garden of the Gods Broadmoor Hotel World Class Golfing Dude Ranches Camping Fly Fishing Hiking Waterskiing

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Cultural Opportunities Pikes Peak Fine Arts Center Colorado Springs Symphony World Arena Colorado Festival of World Theatre Old Colorado City andamp; Manitou Springs Garden of the Gods Parks andamp; Visitors Center Flying W Ranch Colorado College Theatre University of Colorado at Colorado Springs - Theatreworks Denver Arts and Symphony Offerings

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Shopping

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Shopping Chapel Hills Mall Citadel Mall Shops at Briargate Whole Foods Wild Oats Williams Sonoma Pottery Barn J Jill Ann Taylor REI Pier One Imports Cost Plus World Market Costco (coming soon)

Restaurant Chains: 

Restaurant Chains Mimi’s Café PF Changs Elephant Bar Romano’s Macaroni Grill Buca di Beppo Champs Joe’s Crab Shack Outback Steakhouse Ted’s Montana Grill Wahoo’s Fish Taco Olive Garden Famous Dave’s Barbecue Jason’s Deli Texas Road House Biaggi’s Johnny Carino’s On the Border Red, Hot andamp; Blue Old Chicago Applebee’s Chili’s Panera Bread CPK

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Healthcare

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Memorial Health System Comprehensive health care to all—from premature babies to seniors, including: Birth Center Cancer Center Cardiac Care Emergency andamp; Trauma Orthopedics Pediatrics, including southern Colorado's only Neonatal and Pediatric Intensive Care Units Rehabilitation Sleep Disorders Center Women’s Maternal Services

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Penrose / St. Francis Health Services A full complement of emergency, medical and surgical services, several programs and clinical specialties truly distinguish the system including: Behavioral Health Services Cancer Center Heart Center Hospice and Palliative Care Level II Neonatal Intensive Care Unit Outpatient Surgery Rehabilitation

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Greater detail can be located in the following sections of the Colorado Springs Economic Development Corporation’s CD: Factbook Quality of Life