Chatsworth Data Solutions, Inc. ("Chatsworth"), a Nevada corporation formed in December, 2003, through its wholly-owned subsidiary, Chatsworth Data Corporation ("CDC"), a California corporation formed in 1971, designs, manufactures, and sells optical mark readers, impact recording devices and cable testers. The terms "Chatsworth," "Company," "we," "us" and "our" and similar terms refer to Chatsworth and its subsidiary, CDC, unless otherwise expressed or the context otherwise requires. Chatsworth was formerly named Adera Mines, Limited until November, 2006, when its name was changed to reflect the acquisition and operation of CDC.

Acquisition of CDC in August, 2006. On August 7, 2006, Chatsworth acquired 100% of the outstanding common stock of CDC through a series of transactions, as follows:

• Investors in a private placement purchased 22 million newly issued shares of common stock and warrants to purchase 11 million shares of Chatsworth for $5,500,000. Upon completion of the private placement the investor shares constituted 87% of the then outstanding stock of Chatsworth without considering warrants or other convertible securities; and

• Chatsworth used proceeds of the private placement to purchase all of the shares of CDC for $4,000,000 and additional consideration consisting of the issuance of 250,000 shares of Chatsworth common stock, a $2,000,000 promissory note, and the payment of $200,000 to the sellers for reimbursement for certain taxes.

Our principal executive offices are located at 20710 Lassen Street, Chatsworth, California 91311.