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David Skriloff is a managing director at Vision Capital Advisors LLC a position he has held since January 2006. Prior to Vision Mr. Skriloff was a managing director at Duncan Capital from January 2004 to December 2005. Before Duncan Mr. Skriloff was EVP of Business Development for Millivision Inc. from September 2001 to December 2003. Mr. Skriloff earned a BS in Electrical Engineering from Carnegie-Mellon University in 1987 and an MBA from NYU in 1992. On October 12 2006 the Company entered into a Subscription Agreement a letter agreement and related agreements with Vision Opportunity Master Fund Ltd. (Vision). Pursuant to these agreements Vision invested in a convertible subordinated debt offering of the Company and received certain Notes and Warrants convertible or exercisable for the Company’s Common Stock. Furthermore the Company agreed that for as long as Vision is a holder of at least 25% of the Notes or Warrants purchased under the Subscription Agreement (or the shares of Common Stock issuable upon the conversion or exercise thereof) Vision will have the right to nominate one director to the Company’s board of directors. The Company agreed to recommend that its shareholders approve such nomination at any stockholders’ meeting for the election of directors or in connection with any written consent of stockholders of the election of directors. In connection with these agreements Vision has nominated Mr. Skriloff to be elected as a director of the Company. Accordingly the Company has nominated Mr. Skriloff to be elected by the stockholders at the annual meeting of stockholders of the Company to be held on December 6 2006. | 