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Wallace N. Kelly joined the Company in February 2000. Mr. Kelly has served as Chairman of the Board since June 2004 and as a Consultant to the Company since July 1, 2005. Mr. Kelly was Executive Vice President and Chief Operations Officer of the Company from February 2000 until October 2003. Mr. Kelly was a technical advisor to the Company from November 2003 through June 2005. Mr. Kelly was an engineering consultant in the aerospace industry, including Kreisler Industrial Corporation, between 1993 and 2000. From 1988 to 1993, Mr. Kelly worked for Chromalloy Gas Turbine Corporation. From 1961 to 1988, Mr. Kelly held various engineering positions with the Pratt and Whitney Division of United Technologies Corporation and GE Aircraft Engines. Mr. Kelly graduated with a Bachelor of Science in mechanical engineering from Michigan Technological University. | 