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J. Richard Budd, III was elected as a director of the Company in May 2002 following his nomination by an ad hoc committee of noteholders pursuant to the terms of the Exchange Offer. Since January 2001, Mr. Budd has been a partner in the restructuring advisory firm of Marotta Gund Budd & Dzera, LLC. As a part of his responsibilities with Marotta Gund Budd & Dzera, LLC, Mr. Budd was named as the Acting Chief Executive Officer and Chief Restructuring Office of Robotic Vision Systems, Inc., a manufacturer of machine vision systems, in November 2004. From 1998 until 2001, Mr. Budd served as an independent advisor to troubled companies and to creditors of troubled companies. Mr. Budd serves on the Audit Committee, the Compensation Committee and the Nominating Committee | 