Roger I. Gale was appointed to the Company’s Board of Directors and elected its Chairman in November 2004. On May 2 2006 the Company’s Board of Directors appointed him as President and Chief Executive Officer effective immediately. Mr. Gale had been serving in that capacity on an interim basis since October 2005. Mr. Gale served from October 2001 until May 2006 as Executive Chairman of the Board of Directors of Wavecrest Group Enterprises Limited a United Kingdom-based communications service provider. He is also a founder and director of Starnorth Limited a communications and media consultancy. From 1999 to 2001 he was Chairman and co-founder of End2End Wireless Limited a UK wireless access services provider. He has previously held senior positions with the Asian Development Bank (ADB Manila) and the International Finance Corporation (IFC) the private sector arm of the World Bank in Washington D.C. Mr. Gale has also lectured in economics at the University of New England (Australia) and Lincoln College (New Zealand). He serves as a Director and a member of the Audit Committee of Mechel Steel Group (NYSE: MTL). Mr. Gale holds a Master of Economics degree from the University of New England Australia and a Higher National Diploma from the Royal Agricultural College Cirencester Gloucestershire England. Mr. Gale is one of two Directors appointed to the Company’s Board pursuant to an August 2003 agreement between the Company and Marr Technologies BV (Marr). Marr is currently the Company’s largest stockholder holding approximately 30% of the Company’s outstanding common stock. |