Board of Directors

Mr. John Levy

Chairman of the Board
Mr. Levy has worked at the intersection of technology and finance for more than 30 years and was a founding partner of L Capital Partners where he led investments in the technology sector with particular focus on semiconductors, signal processing, and mobile communications. In 2010, Mr. Levy became the Chairman of BioLite, a distributed energy company focusing on markets in the developing world. From 2001-2005, Mr. Levy was a partner in the Shalom Equity Fund, a seed stage technology oriented fund operating in the US and Israel. During the 1990s, Mr. Levy served as founding CEO of ePlanet, a computer vision company funded by Interval Research Corp., a Palo Alto-based think tank sponsored by Paul Allen and Intel Corp. Before that he was a general partner of Ariel Securities Corp., a NASD-licensed broker/dealer specializing in venture capital and media-based investments. Mr. Levy is also a board member of the Cathay Investment Fund, a private equity fund investing in mainland Chinese businesses, and served on the boards of WiSpry, HiGTek, OnPATH Technologies, VisionSense, Peek (US and India), Simparel, Evogen, Adjungo Networks and Ovex Corp. In addition he was an adviser to Tseng Laboratories and Advanced Medical Imaging. Mr. Levy received an A.B. from Amherst College and an MBA from Harvard Business School.

Mr. Richard E. Hitt

Mr. Hitt is CEO and president of HYPRES. Mr. Hitt joined HYPRES in January 2003 as vice president and general manager of government products and systems. Prior to that, he served at Raytheon where he was director of Joint Tactical Radio Systems (JTRS) programs, and director of business development for radios and terminals. During his career, he has held senior leadership positions with EG&G of Boston and Mnemonics, Inc., of Florida. His career in the Air Force included extensive time as a senior program manager in the advanced technology headquarters of the Air Force program, where he was involved in bringing new space command, control, and communications technologies to tactical combat units. His commercial experience has focused primarily on bringing new technologies to mainstream command, control, and communications product lines and programs. Mr. Hitt earned an undergraduate degree in economics from Chapman University, California, and a graduate degree in systems engineering from the Air Force Institute of Technology, Wright-Patterson AFB, Ohio. He is also a graduate of the DoD Senior Program Manager Course, Defense Systems Management College, Ft. Belvoir, Virginia, and the Senior Leadership Course at the University of Chicago, School of Business.

Mr. Franklin Pitcher (“Pitch”) Johnson

Mr. Johnson was co-founder in 1962 of Draper and Johnson Investment Company, a venture capital company, and became an independent venture capitalist in 1965 as the founder of Asset Management Company, with which he is still associated. Asset Management Company has made over 250 venture investments during its more than 46 years of operation. These have included Applied Bio Systems, Conductus, Hybritech, Octel, Qume, Red Brick Systems, Remedy, Sierra Semiconductor, Tandem Computers, Teradyne, and Verity. He has served on boards of many public companies, and is a director of several private companies, including HYPRES. He is also a past-director of the National Venture Capital Association, a past-president of the Western Association of Venture Capitalists, and was a trustee of the Foothill-De Anza Community College District for 12 years. He also taught a class in entrepreneurship and venture capital at Stanford Business School for 12 years and is still active on the faculty there. He has served as an advisor to several eastern European countries since 1990 in the area of entrepreneurship and privatization and has participated on the founding of three venture capital companies in the region. He holds a B.S. in Mechanical Engineering from Stanford and a MBA from Harvard Business School.

Mr. Daniel K. Mayers

Mr. Mayers is of Counsel, Wilmer Cutler & Pickering, was formerly Senior Partner specializing in corporate and antitrust matters. Other positions include Director of Netscan, Inc., Chairman of the Legal Action Center, and former Chair of the Washington Education Television Association. He is active as a mediator and consultant. He was Executive Assistant to the U.S. Undersecretary of State during 1965-66, and is a past President of the National Symphony Orchestra. Early in his career, he was law clerk to U.S. Supreme Court Justice Felix Frankfurter.

Mr. Cai Von Rumohr

Mr. Von Rumohr is a Managing Director and senior research analyst at SG Cowen Securities Corporation specializing in the aerospace industry. Mr. von Rumohr has followed the aerospace industry since 1969 and has been named to Institutional Investor’s “All-America Research Team” 26 times since its inception in 1972. Mr. von Rumohr was ranked by II as the top analyst in aerospace for nine years and placed first in defense electronics two years. Cai placed third in the Institutional Investor All-America Research team poll for Aerospace/Defense in 1998. He is head of the Aerospace team, which was ranked 7th on a weighted basis in the 2000 Greenwich Equity Research Survey. Mr. von Rumohr is a member and past president of the Aerospace Analysts’ Society of New York and has taught the Aerospace Industry portion of the Boston Society of Security Analysts’ courses on analysis. He is also a member of the Corporation of the Rivers School in Weston, Massachusetts. He received a B.A. from Harvard College and an M.B.A. from Harvard Business School

Mr. Christopher W. Brody

Mr. Brody is Chairman of Vantage Venture Partners, a private partnership with investments in a number of companies to which it also serves as an advisor. Mr. Brody was a Partner of Warburg, Pincus from 1972 to 1998, and served as a member of its Operating Committee which manages the private equity and venture capital activities of the firm. During this period, he was involved in all aspects of the firm, including start-up technology companies, large buy-outs and the international expansion of the firm’s activities. Over the past 30 years, he has served on boards of many portfolio companies, including particularly active roles as Chairman of ChipSoft (which was merged into Intuit), and a Founding Board member of the Gartner Group. He is currently a member of the Board of Directors of Intuit, Inc. and several privately-held companies. He was Chairman of the National Venture Capital Association and served on the Board for over 10 years. In 1999, he became the first recipient of the NVCA’s Outstanding Service Award. Mr. Brody is a member of the Council on Foreign Relations. He received a B.A. from Harvard College and MBA from Harvard Business School.

Mr. Warren P. Williamson, III

Mr. Williamson III is the retired Chairman of the Board of WKBN Broadcasting Corp. and of Sygnet Communications, Inc. of Youngstown, Ohio. Over a more than 40 year period, he worked in various capacities in the family owned radio and television enterprise and was responsible for its entry into the cellular telephone business in 1985. He was active in community affairs in Youngstown including serving as Chairman of the Board of the Mahoning National Bank. He was also active in broadcast industry affairs serving as Chairman of MSTV, an association representing U.S. television station operators. He served as chairman of the Board of Directors of the Advanced Television Test Center, which was instrumental in development of the North American technical standards for the broadcasting of high definition television. In the U.S. Air Force research and development command during the 1950’s he served as a project engineer where he was awarded the Air Force Commendation Medal for his work in electronic countermeasures. Mr. Williamson earned Bachelor of Electrical Engineering and Master of Business Administration degrees from the University of Michigan and is a Registered Professional Engineer.