CORPORATE GOVERNANCE

Scott has been a director of our company since July 2021.  He practiced with KPMG as a tax CPA in the early 1980s and since 1983 has practiced as an attorney representing businesses and their respective owners.  Scott is a shareholder at the law firm of Fabyanske, Westra, Hart & Thomson, P.A., which he joined in 1985.  He was on the board of directors of the firm from 1988 through 2014, and was elected President over four different time frames.  Over the last 30 years, Scott has structured, negotiated and closed over 200 merger and acquisition transactions of privately held companies ranging in transaction value from a few million to over a billion dollars.  He has been on the board of directors of various construction companies and is a principal owner, director and officer of a safety engineering company, a small investment company and a small oil and gas company.  Scott also assisted with the initial organization of our company in 2003.  He holds a B.A. in Business Administration from Augsburg University and a J.D. from William Mitchell College of Law.  Scott also taught accounting and business law at Augsburg University.  His extensive experience in finance, acquisition transactions and accounting qualifies him to serve on our board of directors.

Katherine has been a director of our company since July 2021.  She has been the Chairman, Chief Executive Officer and President of Aspire Bariatrics, Inc. (“Aspire”) since November 2010.  Prior to Aspire, she served as a Principal of Liberty Venture Partners, Inc. from 2006 to November 2010.  Prior to Liberty, she founded Animas Corporation in 1996 and served as its Chairman, President, Chief Executive Officer.  She led its $69 million IPO in 2004, and sold the company to Johnson and Johnson in 2006.  From October 1988 to September 1993, Katherine served as President and Chief Executive Officer of Luxar Corporation, which she founded in 1988, a company that sold and manufactured CO2 lasers for cosmetic, oral, surgical, dental, dermatological and surgical applications.  She founded Laakmann Electro-Optics, which manufactured and marketed CO2 lasers and was sold to Johnson and Johnson in 1981.  Before that, she was employed as an engineer at Hughes Aircraft from 1971 to 1978.  Katherine has been an Independent Director of Valeritas Holdings, Inc. since October 2016, and is a director of Adhezion BioMedical and Xanitos, Inc.  She served as a Director of Othera Pharmaceuticals Inc., Intact Vascular, Inc., and Lungpacer, Inc.  Katherine also served as a Director of Animas Corp. since 1996 until its sale to Johnson and Johnson in 2006.  She holds over 20 patents and is the recipient of several awards including the Ernst & Young Entrepreneur of the Year Award and the Greater Philadelphia Raymond Rafferty Entrepreneurial Excellence Award.  She has authored numerous technical papers and has presented numerous papers at scientific/medical symposiums.  Katherine holds a B.S. in Electrical Engineering from the University of Pennsylvania an M.S. and Ph.D. in Electrical Engineering from the University of Southern California.  Her extensive experience in public company finance and acquisition experience qualifies her to serve on our board of directors.

John has been a director of our company since July 2021. He has been the principal of Regent Partners, a merchant banking firm, and was a Senior Advisor to Agility Capital, LLC, a venture lending fund from 2007 to 2013.  Prior to that he was Chairman of Commercial Bridge Capital, LLC, a venture lending fund.  Over the past two decades, John has served as a CEO, Chairman, Director and investor in more than thirty private and public companies.  He was a practicing Corporate and Securities partner at Brobeck, Phleger & Harrison, and of Counsel at Latham & Watkins.  He also taught Securities Regulation as an Adjunct Professor of Law at the University of San Diego School of Law.  John started his career and became a partner at Luce, Forward, Hamilton & Scripps, before becoming one of the founding partners of Aylward, Kintz, Stiska, Wassenaar and Shannahan, which merged into and became the San Diego Office of the Brobeck Firm, shortly after which he joined Intermark, Inc. as President, and subsequently took Intermark, Inc. and its majority owned company Triton Group Ltd through an extensive Chapter 7 reorganization and refinancing, emerging as a successfully restructured public company, Triton Group Ltd.  John received a B.A. in Accounting, BBA, and a J.D. from the University of Wisconsin.  His extensive experience in public company finance and related corporate matters qualifies him to serve on our board of directors.

Bevan Wright is a Company founding partner and has been our Executive Vice President, Operations since the Company’s founding in 2003. In the industry since 1985, Bevan spent ten years as Cinema Systems Product and Engineering Manager at Christie Digital Systems, directing product development and engineering support for all cinema product lines, managing the product lines to develop and bring to market fully-integrated solutions for cinema exhibitors. The previous nine years he held engineering and operations positions at Christie, United Artists, and with other cinema exhibitors. Mr. Wright has over 34 years of experience in the cinema industry in varying positions from operations to technical services and he holds a Bachelors of Science degree in Mechanical Engineering from Arizona State University, and two patents in cinema projection technology. Mr. Wright’s experience in the cinema equipment industry qualifies him to serve on our board of directors.