Gerbsman Partners formed its "Board of Intellectual Capital" as a resource for rapidly identifying business and marketing strategies, strategic alliance candidates and financing for highly leveraged, under-performing, under-capitalized and under-valued Technology, Internet, Life Science, Wireless and low tech companies and their Intellectual Property.

This distinguished group includes nationally and internationally recognized financial, communications, media, advertising, public relations, technology and operating executives.

Glenn Boschetto - International Investment Banker, Paris, France

Glenn Boschetto has successfully completed over 80 transactions, in excess of $10B, in high yield structuring and financings, with particular specialization in leveraged acquisition, buildup and management buyouts. Industry expertise includes IT services, telecommunications, healthcare, manufacturing, consumer products, real estate, and retail.

Mr. Boschetto co-founded the corporate finance practices at Dabney/Resnick, Hunter Capital and WindRiver Capital. He is a registered representative of the NASD and Managing Member of WindRiver Capital Partners LLC. Mr. Boschetto's career includes tenures with Drexel Burnham Lambert and Goldman Sachs & Co.

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Ron Boschetto - International Investment Banker, London, England

Ron Boschetto has over 20 years of international experience in corporate finance, management buyouts and acquisitions and cross border corporate restructurings. He has completed in excess of 45 MA and corporate restructuring transactions, in excess of $1.5 billion, in over 40 countries covering both the private and public sectors.

Mr. Boschetto's career includes tenures with Bank of America, Fairchild Semiconductor, Schlumberger, Continental Bank, Citicorp and BSMG Worldwide. Mr. Boschetto sits on numerous boards of European companies and has served as in-house counsel and tax adviser on a global basis. He has extensive experience in the marketing services and PR sectors having served as a board director for BSMG Worldwide Europe and advised both True North Inc and Interpublic Inc on M&A transactions.

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Victor D. Hanna - International Merchant Banker

Victor Hanna, located in Los Angeles, is currently a managing member of Hybrid Capital. Hybrid is an investment fund that invests in public and private equity and debt securities with a focus on early stage companies in both the United States and Emerging Markets. At Hybrid Capital, Victor has invested in telecom and mining operations in the former Soviet Union and Africa and in several early stage media and entertainment companies in the United States.

Prior to Hybrid Capital, Victor was a senior executive at Comdisco Ventures where he managed a portfolio of debt and equity investments, including a fund of funds that exceeded Two Billion Dollars. During his tenure at Comdisco, he spearheaded the restructuring of over two hundred companies and managed the portfolio and the ultimate collection and sale of the Comdisco portfolio. He has participated in over sixty bankruptcies and several hundred out of court reorganizations. Victor holds a JD from the University of San Diego and a BS/BA from the University of California and spent eight years in the US Army.

Victor will assist Gerbsman Partners in maximizing enterprise value in highly leveraged, under-performing, under-valued and under-capitalized companies and their Intellectual Property and in distressed debt opportunities.

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Robert R. Tillman - Investment Banker/Technology CEO

Mr. Tillman is currently Founder, President and CEO of Sierra Photonics, Inc., an optical communications startup company. He also operates as a mergers and acquisitions, turnaround and startup business consultant. He has served as President and CEO at RRTI, Inc., Rootsweb.com, Inc., Storm Technology, Inc., and Sunshine Medical Instruments, Inc. and as Chief Operating Officer of Totality Corporation. He is a founder of RRTI, Inc., Sunshine Medical Instruments, Inc. and Worldview Corporation (now DigitalGlobe).

Mr. Tillman had been involved, both as a principal and consultant, in financial, strategic, operational planning and investment banking for a variety of national and international companies. He has also assisted venture capital and investment firms structure, acquire and finance several technology companies. He received a BA degree from Harvard University, an MBA from Stanford University School of Business, has worked for Morgan Stanley & Co., and has been associated both as an investor and consultant, with a number of Silicon Valley venture capital firms.

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Hans Ullmark - Communications & Media Executive

Mr. Ullmark started his career in Sweden and spent four years as President of Ehrenstrahle BBDO Stockholm. In 1984 he came to the United States and acquired Anderson & Lembke, building it into the leading technology advertising agency in the world. Anderson & Lembke represented Microsoft and Sun Microsystems among others and had offices in New York, San Francisco, Amsterdam and Hong Kong. After selling the agency to McCann-Erickson (IPG) he continued within IPG and

helped build the group’s interactive business around the world.

Hans Ullmark is also the founder of Collaborate, a new breed of communications agency that extends across all forms of media, from TV to PC and beyond. Collaborate blends strategy, technology and creativity to design unique brand experiences integrated around the consumer. Collaborate has offices in San Francisco and Stockholm, and clients such as Franklin Templeton Investments and Logitech.

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Kenneth Hardesty - International Technology CEO

Mr. Hardesty is an International Technology CEO, who has worked with numerous private and publicly traded companies in the US, China, India, Hong Kong, Singapore, Malaysia, Japan and Europe. During his career, Mr. Hardesty was President and COO of Atlas Industries, Ltd., a Hong Kong based sub-contract manufacturer,

As Senior Vice President of Corporate Development, Mr. Hardesty assisted Seagate technology founders, Al Shuggart and Tom Mitchell in acquisitions for Seagate Technology and was the COO of Syquest Technology.

Mr. Hardesty was also President of Communications Systems International, a high accuracy differential global positioning systems manufacturer, CEO of Casino Data Systems, a technology-driven software and hardware company which designs, develops, manufactures, and distributes hotel and gaming management systems, multiple site progressive management systems, including meters and signage and President of Castlewood Systems, a manufacturer of high performance removable media storage devices.

Mr. Hardesty specializes in troubled manufacturing, software and wireless companies with the objective of returning these companies to profitability, insuring a transition of capable management, regaining shareholder confidence and maximizing enterprise value. Mr. Hardesty utilizes his international relationships, with renowned industry notables, such as Alan Shuggart, Tom Mitchell, Steve Wozniak, Syed Iftikar and others, to assist him in maximizing value.

Mr. Hardesty will assist Gerbsman Partners as a CEO in residence, working in the Wireless, Contract Manufacturing, Storage Media and Software sectors. He will also provide guidance for strategic partnering opportunities, as well as contract manufacturing partners in Asia.

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Merle McCreery - CFO in residence

Mr. McCreery is a CFO who has worked with numerous private and publicly traded companies. He was worked with both start-up as well as established organizations. During his career, Mr. McCreery was CFO and Founder of ProStor Systems, Inc., a developer and manufacturer of disk based data storage and archiving systems.

While there he helped the company raise $24 million in venture capital financing from New Entereprise Associates, Sutter Hill and Boulder ventures. He also raised $5 million in growth capital and working capital financing from Western Technology Investments and Silicon Valley Bank.

Mr. McCreery was also CFO of Network Photonics, Inc., a developer and manufacturer of optical switches and subsystems for the telecommunications industry. While there he helped raise $107 million in venture capital financing, and secured $25 million in equipment financing.

Prior to that Mr. McCreery was VP of Finance for International Language Engineering, a localization and translation services company and Corporate Controller for Exabyte Corporation a manufacturer of data storage products.

Mr. McCreery specializes in troubled manufacturing, networking, data storage, telecommunications and software companies with a goal of analyzing the financial situation of the company and securing additional financing and/or a suitable buyer for the company.

Mr. McCreery assists Gerbsman Partners as a CFO in residence.

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Tony Fish International Technology/ Wireless Advisor

Mr Fish, a principal at AMF Ventures, has been involved for over 18 years in the Mobile, Wireless, Telecom and Satellite industries, and has been associated with hi-tech investing since his first IPO in 1994. AMF Ventures is based in London, with partner companies in Germany, France, Spain, Italy, Holland, US, and offers strategic advisory and investment services exclusively focused on the TMT industries.

Mr. Fish is an experienced international business professional and director and divides his time between his non-exec roles and board advisory work.He is an accomplished author having written a knowledge book on how to build, launch, partner and raise capital for mobile applications companies “Open Gardens, the innovators guide to mobile data”

Mr. Fish currently serves as a Non Executive Director, Advisory Board Member and Founder of numerous UK and European companies and was previously a Director of Mergers and Acquisitions for British Telecom. He is a Chartered Engineer and marketer with an MBA from Bradford School of Management and an Engineering Degree from Reading University, both located in the United Kingdom.

Additional information about Mr. Fish can be found at www.amfventures.com.

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Don Middleberg - Public Relations Executive

Don Middleberg is regarded as one of the nation's leading public relations executives, renowned for developing some of the most creative and powerful communications programs for such companies as American Express, Consumer Reports, Gartner, IBM, Reuters and United Airlines.

Middleberg and Associates, founded in 1989, was named “Best PR Agency of the Year” in 1999. In 2000, the company became Euro RSCG Middleberg when it was acquired by Euro RSCG, the communications division of Havas, the world's sixth-largest communications group.

A noted author and lecturer on public relations, Don, together with Professor Steve Ross of the Columbia University Graduate School of Journalism, co-authored the groundbreaking study, "The Media in Cyberspace." In June, 1998, Don was appointed to New York State Governor Pataki's Task Force on New Media and the Internet. Don is also a member of New York Comptroller Alan G. Hevesi's Economic Advisory Committee. Don is regularly called upon for commentary by numerous magazines and newspapers, and has appeared on CNBC, C/Net, CNN, and National Public Radio.

Don started his career with one of the nation's largest agencies, Ruder Finn and then moved to the marketing communications agency of T.C. Thomson Associates as Executive Vice President. He holds a bachelor’s degree in economics and a master’s of business administration in marketing.

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James A. Skelton - Crisis/Turnaround CEO & Investment Banker

Jim Skelton has over 28 years of experience in the restructuring of complex financial investments and in the management and operation of under-performing companies in the manufacturing, distribution, retail, apparel, construction, healthcare, technology and service industries.

Among his recent notable interim management positions, he has served as President & CEO of Eurodesign Cabinets, Inc., a $60 million manufacturer and installer of custom cabinetry serving the leading national and regional homebuilders throughout California; as President & COO of Outsourcing Services Group, Inc. a $300 million contract filler and packager of household, health and beauty, color cosmetics and pharmaceutical products with nine plants in the US, Canada and Mexico; as COO for Frederick's of Hollywood, the $150 million intimate apparel retailer with 200 stores in 40 states; as Chief Restructuring Officer and interim CEO of Video Update, Inc., a 400 store video rental retailer in the US and Canada; and as Chairman and CEO of Ocean Pacific Apparel Corp. an international licensor of branded lifestyle apparel.

Mr. Skelton has been a founding Director of both the Chicago-Midwest and Northern California Chapters of the Turnaround Management Association. He is also a certified member of the Institute of Management Consultants and is a member of the Association for Corporate Growth. He received his Bachelor of Science degree from Ohio State University and also holds a Master of Business Administration from the Johnson Graduate School of Management at Cornell University.

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For the past 17 of his 30-year career, Mr. Coelyn has been active in the Life Sciences and Healthcare area's as a hands-on senior executive officer and, most recently, as an executive search consultant (both as a Founder of The COELYN Group and as a Partner in the prestigious international executive search firm SpencerStuart). His executive search consulting practice spans engagements ranging from Chairman of the Board, President & Chief Executive Officer to a variety of Vice Presidential and other senior level executive positions.

Mr. Coelyn is presently Co-Chairman of LINC (LifeSciences Industry Council) of Orange County, California; a member of the BioMedical Industry Council's Board of Directors; an Advisory Board Member of the Blind Children's Learning Center and the American Heart Association; and an associate member of AdvaMed, previously the Health Industry Manufacturer's Association (HIMA).

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Mr. Abramovitz has over 12 years of Project management experience in Israel's technology and Internet related areas. He is a graduate of Technion, Israel Institute of Technology with B.Sc and M.Sc in Mechanical Engineering and an MBA in Project Management.

He has been responsible for managing various projects in the electro-optics field for the Ministry of Defense, RSL Electronics, Seraphim, Israeli Aircraft Industry and Soreq Nuclear Research Center.

During his military service Mr. Abramovitz was a Project officer in the Merkava Development Center (the Israeli Main Battle Tank), responsible for all the CCD (Camouflage concealment and Deception) systems in the tank. He was also responsible for developing the computerized infrastructure for the supply department in the Logistics and Technology Division of the Israel Defense Forces.

Mr. Abramovitz has been involved in numerous technology and Internet related companies and provides hands-on, day to day management and technical capability in Israel.

As Motti is a third generation art dealer as well, he has established 10 years ago the Bruno Art group. Bruno Art Group is comprised of an international assemblage of companies servicing all aspects of the art industry. The company represents and market Israeli artists around the world having galleries and offices in USA, The Caribbean Islands, Singapore and Venice. Among the company's main customers: Carnival Corp. and major art dealers in the USA.

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Patric Carlsson - Serial Entrepreneur and Turnaround CEO

Mr. Carlsson has over 13 years experience in internet and mobile related product and business development experience. Currently, Mr. Carlsson serves as turnaround CEO at Flexolvit AB, a developer of energy efficiancy software. As a turnaround specialist, his engagements focuses on internet and mobile businessmodels and the formation of buyout strategies for startups.

Mr. Carlsson also serves as advisor for multiple investors including Verdane Capital, RP Ventures, Uminova Ventures and private investors focused on Internet or mobile based products and services.

Most recent, he was the turnaround CEO for Resolution Interactive - an iphone game developeras as well as CEO and founder of Armagent AB, a simulations software developer. Prior entrepreneurial experiencies include Terraplay AB, Limbo Inc, iLoop Mobile, Kineto Wireless and GetLisa.

Prior to his entrepreneurial present, Mr. Carlsson worked for Institute for the Future in Menlo Park, CA conducting emerging technology research specializing on wireless and broadband strategies in northern Europe and USA. He has a masters degree from the Danish Kaospilot University in Corporate Culture and Project Management and a BA in Journalism and Mass Media from Ljungskile College in Sweden.

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Dennis Sholl - CEO in residence

Dennis Sholl is a 25+ year veteran of the credit and lending industry in both commercial and consumer sectors with extensive exposure to both domestic and international markets. Mr. Sholl has a history of hands on operations leadership and has served as President or CEO of six different national and international companies. Mr. Sholl has built shareholder value while operating on a variety of platforms that include start-ups, turnarounds, strategic market shifts, geographic expansions, rapid growth and dispositions. During his career, Sholl oversaw the granting of credit on over 3 billion dollars in business loans and the servicing of millions of consumer debt portfolios.

Mr. Sholl was founding member and CEO of Global Vantedge (now part of Aegis BPO), a private equity backed, India based offshore Business Process Outsourcing start-up with 1,500 employees and $30M revenues, which pioneered offshore outsourcing. It conducted business internationally in Australia, India, Central America, U.K. and U.S.

Mr. Sholl was President LB Credit Corporation (formerly Wells Fargo Leasing), a $650M equipment leasing firm owned by Landerbank, an Austrian bank. Sholl was charged with transitioning the company from a large leverage lease company to a middle market equipment finance operation and ultimately positioning it for sale to CIT Corporation.

Prior, Mr. Sholl was President of Signal Capital Corporation and grew the company from $400 million to $1 billion in managed assets. During this time Sholl was instrumental in grooming the company for its exit strategy and successful sale to Fleet Bank.

Mr. Sholl specializes in stabilizing, turning around and growing financial services companies for the purpose of maximizing shareholder value while simultaneously regaining investor confidence and planning for exit or disposition of the company.

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James E. McHugh - Operations & Strategy Business Consulting

Mr. McHugh is a senior executive with broad general management experience in middle market and emerging growth companies within the manufacturing, distribution, and retail industry sectors. He has demonstrated success in entrepreneurial initiatives, corporate leadership and governance, strategy formulation and implementation, operational re-engineering, raising capital, mergers & acquisitions, management/information

technology consulting, and corporate finance (CFO, CPA). He is currently a member of the Board of Directors of Climax Manufacturing Company (Lowville, NY) and Shield Pack Inc. (Monroe, LA) and the Board of Advisors of Animation Technologies, Inc. (Boston, MA). Mr. McHugh earned his AB in Economics from Bowdoin College and an MBA from The Amos Tuck School of Business Administration at Dartmouth College.

Mr. McHugh has designed and directed diverse engagements and led cross-functional project teams within both small and large organizations. In addition, he has served in an interim management capacity as a CEO and CFO. His recommendations have led to substantial improvements in strategic focus, operating performance, profitability, and shareholder value.

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Steven R. Gerbsman - Crisis/Turnaround CEO, Private Investment Banker, Founder of Gerbsman Partners

Steven R. Gerbsman is a nationally recognized Crisis/Turnaround CEO/Professional and Private Investment Banker who has been involved in maximizing enterprise, stakeholder and shareholder value in a broad variety of industries. He has worked with a wide spectrum of senior and junior lenders, bondholder groups, venture capital and equity sources, private investors and

institutional groups. He has acted in the capacity of Crisis/Turnaround CEO, Crisis Consultant, Private Investment Banker, Examiner for the Office of the United States Trustee, a member of the Board of Directors of various companies and Advisor to stakeholder groups.

Mr. Gerbsman has over 43 years of senior management, marketing, sales and finance experience and has been involved in various business and investment ventures as an Officer, Director, Consultant and Investor, both in the US and internationally.

Since 1980, he has been in the business of maximizing enterprise value for highly leveraged, under-valued, under-performing and under-capitalized technology, life science and medical device companies and their Intellectual Property, as well as assisting Mobile 2.0 and Web 2.0/3.0 companies with strategic alliances, M&A, distribution of content and licensing. To date, Mr. Gerbsman has been involved in over $ 2.3 billion of restructuring, financing and M&A transactions. In 2000, he also began focusing on Israeli and European technology and life science companies, with the objective of providing access to the US capital markets and developing strategic alliances, M&A and licensing opportunities for them.

In 1999, Mr. Gerbsman expanded Gerbsman Partners' "Board of Intellectual Capital" as a resource to rapidly identify business and marketing strategies, strategic alliance candidates and financing for its client companies and their Intellectual Property. This distinguished group includes nationally and internationally recognized financial, communications, media, advertising, public relations and technology senior operating executives.

Mr. Gerbsman has also assisted numerous Venture Capital/Private Equity Investors in terminating/restructuring their real estate and equipment lease executory contracts. To date, he has been involved in terminating/restructuring in excess of $ 790 million of real estate, sub-debt and equipment lease executory contracts and since 2001, has maximized enterprise value for 60 technology, life science and medical device companies and their Intellectual Property.

Prior to forming Gerbsman Partners in 1980, he was President of four operating divisions at ITEL Corporation with responsibility in the technology, leasing and business sectors. Mr. Gerbsman began his business career at the IBM Corporation in 1967.

Mr. Gerbsman received a BS degree in Accounting from Hunter College, New York and attended the Baruch Graduate School of Business, in New York City. Mr. Gerbsman has also been a guest lecturer at the University of San Francisco’s MBA program, McDonough School of Business MBA program at Georgetown University and at the Haas Graduate School of Business in Berkeley, California. He is also a member of the Board of Directors of the Kentfield Fire District and has been an advisor to American Legion Post 911, an American Legion Post founded to support returning Iraq and Afghanistan Veterans.

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