Executive Management

Officers and Directors

Our executive officers and their ages as of June 30, 2006, are as follows:

BARUH HAYUT was appointed Chairman of the Board of Directors and Chief Executive Officer on March 31, 2003. From June 2002 through March 31, 2003, Mr. Hayut served as a financial consultant to the Company. Prior thereto, Mr. Hayut served as a corporate finance and investment banker with Thornhil Group and Joseph Charles and Associates. From 1992 to 1997, Mr. Hayut was a registered representative with H.J. Meyers & Co. Mr. Hayut received his Bachelor degrees in Business Administration and Economics from Hebrew University in Jerusalem, Israel.

PAUL W. HARRISON – From August 2005 to June 2006, Mr. Harrison was a consultant to the Company. Since 1994, he has been the Chairman and President of INEX Group, Inc, a technology holding company, and since 2004, the CEO of INEX's software subsidiary Attune, Inc. From 1998 to 2003, he was the Chairman and CEO of HealthWatch, a publicly-traded medical equipment and software company. From 1996 to 1998, he was the Chairman and CEO of Halis, Inc, a publicly-traded healthcare information systems company that was acquired by HealthWatch in 1998. From 1994 to 1998, Mr. Harrison was the CEO of PHE, Inc. and several other privately-held technology companies that were acquired. From 1993 to 1994, he was a Corporate Vice President with McKesson Corporation, a publicly-traded Fortune 500 healthcare company. From 1991 to 1993, he was the CEO of Biven, Inc., which was acquired by McKesson in 1993. From 1989 to 1991, Mr. Harrison was President of an information systems subsidiary with Lincoln National Corporation, a publicly-traded Fortune 500 financial services and insurance company. From 1986 to 1989, he was the President of Sotriss Corporation which was acquired by Lincoln National in 1989. He has a Business Degree (BBA) from Georgia State University. He also has many professional certifications, including a Chartered Financial Consultant (ChFC), a Chartered Life Underwriter (CLU), a Fellow of the Life Management Institute (FLMI), an Associate in Life and Health Claims (ALHC), a Health Insurance Associate (HIA), and is also Certified in Commercial Real Estate Appraisal (CCRA), is Certified in Homeland Security (CHS), and is a Certified Forensics Consultant (CFC).

MINESH PATEL was appointed to the Board of Directors of the Company in June 2002 and on November 2002 was appointed Chief Financial Officer. From February 2001 through November 2002, Mr. Patel was an Investment Broker with the firm of JP Turner & Company LLC. From October 1998 through February 2001, Mr. Patel was an Investment Broker with the firm of JW Genesis. Mr. Patel received his Masters in Business administration with a concentration in Finance from Georgia State University.