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Steven R Fischer has been president of North Fork Business Capital, a provider of asset based and structured finance loans of up to $150 million for corporate mergers and acquisitions, recapitalizations, and for general working capital purposes, since July 2004. His twenty plus year career includes multiple executive management and financial positions, including most recently President, with Transamerica Business Capital Corporation, a member of the Transamerica Finance Corporation family of companies, specializing in secured lending for mergers, acquisitions and restructurings. From 1981 to 1992, he served as vice president and regional manager of Citibank, N.A. Since 1995, he has served as a director of ScanSource, Inc., a value-added distributor of POS and bar code products. Beginning in 2001 he served on the board of advisors of Keltic Financial LLC., a privately held finance company that funds middle market companies. He holds a B.S. in Economics and Accounting from Queens College and an M.B.A. from Baruch College. Mr. Fischer has been a director of the Company since August 2001 and his term expires in 2008. | 