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Tom Williams has served as a member of our Board of Directors since the October 2003 merger. He served as a Director of PNI from May 2002 to October 2003. Mr. Williams has 20 years' experience as CFO and General Counsel in start-up and medium- sized venture capital-backed technology companies. Mr. Williams' early years were spent with IBM and Shell Oil Company in engineering and legal positions. In 1971 Mr. Williams joined the management team of Measurex Corp. a process control start-up responsible for engineering project budgeting and patent matters as the company grew from $4 million to $50 million in revenues. In 1976 Mr. Williams and two partners took over management of Altus Corporation guided the company through bankruptcy and raised venture capital. From 1984 though 1993 Mr. Williams was CFO and General Counsel for Greyhawk Systems an innovator in high-resolution electronic imaging which was sold in 1993. From 1993 to 1997 Mr. Williams was in the private practice of law. In 1997 he was appointed as CFO of IC WORKS Inc. a venture capital-backed semiconductor company on an interim basis to guide a financial turnaround. Within six months the company was brought from near bankruptcy to a cash positive position which allowed the company to be sold in 1998 for more than $100 million. Since 1999 Mr. Williams has been CFO at Bandwidth9 a company developing tunable lasers for the fiber optics industry. Mr. Williams holds a B.S. degree in electrical engineering and a law degree from the University of Minnesota and an M.B.A. from the University of California at Berkeley. He is a member of the California New York (inactive) Federal and Patent bars. | 