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Mr. Tierney, 64, was elected a Director of the Company in 1995. Mr. Tierney is a Co-Founding Member of Development Capital, LLC, a private investment vehicle formed in 1996, and the General Partner of Aperture Venture Partners, LLC, an entity formed in 2002 to invest in healthcare related securities. From 1978 to 1996, Mr. Tierney served as Managing Director of Gollust, Tierney & Oliver, an investment banking partnership. He also serves as a director of Altea Therapeutics, a pharmaceutical company; Prosperity Voskhod Fund, a Russian investment company; TPG, a manufacturer of military defense equipment; Nina McLemore, a women’s apparel company; Earth Color, Inc., a printing company; and BRA, a Brazilian air transport company. Mr. Tierney is also an adjunct professor at the Columbia Graduate School of Business and Chairman of the Board of Advisors of SIPA, the foreign policy school of Columbia University and a member of the Council on Foreign Relations. He also serves on the boards of a number of not-for-profit organizations, including the Tierney Family Foundation and TechnoServe, Inc., for which he serves as Chairman. Mr. Tierney’s current term as a Director expires in 2009. | 