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Bernard Zimmerman became President, Chief Executive Officer and a Director of the Company in July 2003. Upon the resignation of Mr. Cohen in February 2007, Mr. Zimmerman was also appointed as Treasurer and Principal Financial Officer of the Company. Mr. Zimmerman is the President of Bernard Zimmerman and Company, Inc., a financial management and consulting firm, and is a director on the boards of The Institute for Cancer Research and Molecular Medicine, and the M. and A. Sbarro Family Foundation. Mr. Zimmerman is a Certified Public Accountant. He has over 35 years experience in the merger, acquisition and business combination fields. | 