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Mr. Fred has been president of the Company since January 2003. He was appointed Chief Executive Officer in January 2004. Prior to being appointed president Mr. Fred held various positions with the company beginning in February 1995. For approximately ten years prior to joining the Company, Mr. Fred served in various positions for the international division of Grumman, where he last held the position of Controller. In 2004, Mr. Fred was the recipient of the Long Island Association's Small Business Entrepreneurial Advocate Award, and a finalist for the Ernst & Young Entrepreneur of the Year award. He was a panelist at the 2004 Forbes Dynamic Growth Companies Conference and had his work published in the Journal of Management Development. Mr. Fred holds a B.B.A. in Accounting from Dowling College (1980), and graduated from the Inaugural Executive M.B.A. program at Hofstra University in May, 2002. | 