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Mr. Spector was elected Vice Chairman of the Board and as Executive Vice Chairman of Metallurg Inc. in November 2002. He has been a Director of Metallurg Inc. and Metallurg Holdings Inc. since July 1998 and has been Executive Vice President of Metallurg Holdings Inc. since July 1998 and Treasurer since August 2000. He is a Managing Director of the general partner and of the management company of Safeguard International Fund L.P. From January 1997 to March 1998 Mr. Spector served as Managing Director of TL Ventures LLC a venture capital company. He is also President Chief Executive Officer and a Director of Millstream Acquisition Corporation. Mr. Spector has also served as Chairman of various public companies including Casino & Credit Services Inc. Abraham Lincoln Federal Savings Bank and State National Bank of Maryland. Mr. Spector serves as a Director of Docucorp International a document automation company. Mr. Spector holds a B.S. degree in economics from the Wharton School of the University of Pennsylvania and a J.D. from the University of Pennsylvania Law School. | 