MANAGING DIRECTOR

David P. Kollock is founder and Managing Director of Glenthorne Capital, Inc. Mr. Kollock has led client assignments in the U.S. and Europe, in financial services, insurance, food, chemical and specialty chemical, industrial distribution, plastics, industrial, and aerospace equipment sectors.

DIRECTORS

Roy Carriker, PhD is the former vice-chairman of Teleflex and guides business restructuring and acquisition opportunities in the area of advanced technology manufacturing.

Stuart M. Bryan, as an Executive Vice President, President and/or CEO, has led companies that make explosives, large industrial gears, cleaning chemicals, analytical instrumentation, porcelain coatings, specialized lift trucks, lawn and garden equipment and artificial flowers and greenery. These operating engagements also included a number of acquisitions, divestitures and recapitalizations.

R. Richard Williams founded the Valquip Corporation which was acquired by Tyco International. He is the chairman of Seaboard Advisors which provides marketing and sales consulting services.

ADVISORY DIRECTORS

Craig N. Johnson joined Glenthorne Capital in 1994 with over thirteen years in executive positions in the marine transportation industry. He focuses on the sales of privately held businesses.

Seymour S. Preston III is a former president and CEO of Elf Atochem North America. He brings an extensive background and expertise in the specialty chemical industry.

William(Bill) F. MacDonald is a former CEO and Board Chairman of Houghton International, a worldwide leader in specialty chemicals for the metal working and other industrial sectors. He brings extensive background and senior management expertise with over 38 years in the specialty chemical industry. Bill has extensive experience in operations, as well as developing overseas markets.

DIRECTOR OF SOUTH AMERICAN SERVICES

Eduardo Garland is Glenthorne Capital's director in Buenos Aires, Argentina. Mr. Garland managed his own investment banking and financing company in Buenos Aires and was ADELA Investment Company's regional representative and consultant specializing in "turnarounds" in Argentina and Brazil. He was CEO of a family-owned company active in food exports, ship supplies, catering and labor contracts for offshore drilling rigs in the South Atlantic.