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Matrixx’s financial strategy is led by Chief Financial Officer William Hemelt, 48, who has more than 20 years of corporate financial experience. Mr. Hemelt spent more than 17 years with Arizona’s largest public utility, Arizona Public Service company, where he held a variety of financial position including six years as treasurer and four years as controller of the company. Mr. Hemelt earned a Master of Business Administration and a Bachelor of Science in Electrical Engineering from Lehigh University. Since joining the company in June 1998, Mr. Hemelt has been instrumental in the development of short and long-term financial strategies designed to support corporate positioning and new product development. | 