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DAVID WALTERS has served as President, Chief Financial Officer and Treasurer since December 15, 2005. He served as Chief Executive Officer from December 15, 2005 until September 1, 2006 and served as Executive Vice President of the Company from November 4, 2005 to December 15, 2005. He has been a Director of the Company since November 4, 2005 and currently is Chairman of the Board. Since January 2005, he has served as Chairman and Chief Executive Officer of DCII, which since November 4, 2005, has been wholly owned by the Company. Since February 2000, he has served as a managing member of Monarch Bay Capital Group, LLC, a consulting company and, since March 2006, as a managing member of Monarch Bay Management Company, L.L.C., a consulting company.. Mr. Walters has extensive experience in investment management, corporate growth development strategies and capital markets. Mr. Walters earned a B.S. in Bioengineering from the University of California, San Diego in 1985. Mr. Walters also serves as Chairman of the Board of Directors of Remote Dynamics, Inc. and is a member of the Board of Directors of Precision Aerospace Components, Inc. | 