Dennis E. Davis, President

Mr. Davis has been a business consultant specializing in financial matters, business planning, strategic planning and implementing growth initiatives for the past 10 years. He has assisted both private and public companies with growth and acquisition financing, ownership transition, and other financing and liquidity alternatives.

He was in the commercial banking industry for 15 years with extensive senior level management and planning experience as Lending Department Administrator, Vice President and Senior Loan Officer, Vice President Real Estate and Construction, Vice President Loan Adjustment, and retail Branch Manager, helping to found two new community banks. For the past five years, as an investment banker, he has helped launch dozens of entrepreneurial projects throughout the western United States.

Mr. Davis has been a active community leader throughout the region, as committee chair for the California Rodeo as well as the AT&T Pro-Am and the recent U.S. Open tournaments.

Charles V. Fishel

Dr. Fishel is a Principal of Hoffman Row Group, Inc., an investment banking firm based in Monterey, California, with associates in Denver and Salt Lake City. Current consulting involves strategic business planning, corporate finance, acquisitions and merger, international technology transfer, and evaluation of financial opportunities.

He is a Distinguished Executive Lecturer at California State University, Monterey Bay and Senior Lecturer, San Jose State University. Until recently, he was Director of the Center for International Business Planning and Senior Lecturer in Global Business Strategy and Industrial Competition at the Monterey Institute of International Studies. Other teaching experience included Santa Clara University, and the University of California, Berkeley. His teaching emphases are entrepreneurship, global business strategy, international industrial competition, technology transfer, technology management, and law.

He has held management roles with FORTUNE 100 multinational (Intel Corporation, Teledyne, Carnation Company, Peter Kiewit Sons' and Williams Companies) and start-up companies. His industry experience includes "high tech" (electronics and biotechnology), insurance, construction, mining, publishing, broadcasting, food processing, manufacturing, public utility, and consulting technology evaluation and commercialization. As a consultant, he has worked with hundreds of small, emerging companies. Representative clients have included high-tech companies (e.g., computer hardware/software, robotics, Internet, printed circuit boards, microwave, equipment manufacturing, etc.), retailing, health care, banking, as well as development agencies and not-for-profit organizations (e.g., United Nations Development Programme, Bank Pembangunan Malaysia, and the Northern California Manufacturing Technology Center).

Dr. Fishel serves as a director on the boards of public and private companies, including Sullivan & Company, Inc., Universal Service Group Inc., International Business Development Corporation, National Diversified Co., Digital Assist, Inc., Tipaz Corporation, Silicon Valley South, NextDayPC.com, Inc., and Zurich USA, Inc.

When he left Intel in 1980, he created ImaginAction --- the first "shared management" consulting firm in the Silicon Valley, where he and his colleagues provided entrepreneurial companies with part-time management --- an "incubator without walls". In 1985, ImaginAction merged with the Utah Innovation Center at the University of Utah to form Genexus which worked with universities and community organizations in the United States and overseas to develop innovation centers ("business incubators"). Genexus developed innovation centers in cooperation with the Oak Ridge National Laboratory and at universities in Florida, Georgia, and New York.

In 1986, he became Executive Director of the Massachusetts Biotechnology Research Institute (Massachusetts' Center of Excellence in Biotechnology) where he planned for and initiated development of the Massachusetts-based Commonwealth Bioventures, the first biotech-focused innovation center/venture capital fund. He has been recognized by Marquis' Who's Who in Finance and Industry.

Joshua N. Wolcott

Mr. Wolcott has had diverse experience in various entrepreneurial activities, ranging from small business development in Asia to new company formation in the US, as well as other venture capital and investment banking activities. Mr. Wolcott began his career as a consultant for World Vision (a non-profit relief and development organization with operations in over 105 countries) when he was brought in to start a marketing initiative. He successfully implemented a marketing campaign that increased fundraising in the Gen X segment (18 to 35 years) by over 200%.

Due to this success, World Vision sent Mr. Wolcott to its Myanmar (Burma) office to create a Microenterprise Development Program (MED). As the MED Program Manager, he designed and implemented a small enterprise development program that has evaluated more than 3,000 small businesses and financed more than 1,000 of them. Under his supervision, the program was commended as one of the "best practice programs" in the region for program design, meeting start-up objectives ahead of schedule, and securing funding to increase the program's size and scope. Mr. Wolcott managed and led a cross-cultural staff of 18 to meet aggressive benchmarks, and was personally accountable for all funding decisions. He was also asked to serve as a member of the executive team that directed all organizational projects and strategy development in Myanmar.

After receiving his MBA, Mr. Wolcott joined Hoffman Row Group assisting in the management of two initial public offerings, including coordination of investor relations and securities filings with the SEC and NASD project lead for strategy development, business plan creation and organizational structuring for the private placement offerings of four development-stage companies, all of which are in the pre-IPO process. In January of 2000, Mr. Wolcott was promoted to Vice President and has since taken project lead for two initial public offerings; one in digital asset management and the other a web browser company.

Mr. Wolcott holds an MBA degree in international finance and strategy from the Fisher Graduate School of International Business at the Monterey Institute of International Studies and a B. A. degree in economics from Pepperdine University.