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Board of Directors
Mr. Franklin Pitcher ("Pitch") Johnson, Chairman
of the Board
Mr. Paul S. Brentlinger
Mr.
Christopher W. Brody
Mr.
Richard E. Hitt
Mr. Daniel K. Mayers
Mr. Cai
von Rumohr
Mr. Warren
P. Williamson, III
Mr. Franklin Pitcher
("Pitch") Johnson, Chairman of the Board, 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 100 venture investments during its more than 20 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 is a director of Amgen, Applied Micro Circuits Corporation, IDEC
Pharmaceuticals, and several private companies. 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 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.
Mr. Paul Brentlinger Mr. Paul Brentlinger has been a
partner at Morgenthaler Ventures since 1984. During
this tenure, he managed such successful investments as Microchip Technology,
Dispatch Communications, Magma Copper, Wastequip, and Distribution Management
Systems (DMS). He initiated the firm's investment
in Ribozyme Pharmaceuticals and served on the Board
of Directors of Centennial Security Holdings, DMS,
Microchip, Ribozyme, and Wastequip. He is a former
Director of Allegheny Technologies, Inc. (where he was chairman of the
Technology Committee). He is also a former Director of Teledyne Technologies,
Inc. He is a member of the Advisory Board of the Zell-Lurie
Institute of Entrepreneurial Studies at the University of Michigan
and a former Chairman of the Board of Trustees of the Cleveland Institute of
Art. Previously, Paul was Senior Vice President-Finance of Harris
Corporation, now a $3.5 billion a year supplier of communications equipment
and systems.
Mr.
Christopher 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. Richard E. 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 TENCAP 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. Daniel K. 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
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. Warren P.
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.
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