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Mr. Mattson has been a Director of the Company since March 2005. Mr. Mattson served as a Director of Varco (and its predecessor Tuboscope Inc.) since January 1994. Since November 2003 Mr. Mattson has been Senior Vice President and Chief Financial Officer of VeriCenter Inc. a private provider of managed hosting services. From November 2002 until October 2003 Mr. Mattson worked as an independent consultant. Mr. Mattson was the Chief Financial Officer of Netrail Inc. a private Internet backbone and broadband service provider from September 1999 until November 2002. Netrail filed for Chapter 11 Bankruptcy protection in the Northern Georgia district of the United States Bankruptcy Court in July 2001. In November 2002 the Bankruptcy Court approved Netrail’s plan of liquidation and appointed a Trustee to effect the plan. At that time Mr. Mattson ceased to be the Chief Financial Officer of Netrail. From July 1993 until May 1999 Mr. Mattson served as Senior Vice President and Chief Financial Officer of Baker Hughes Incorporated a provider of products and services to the oil gas and process industries. | 