Nim Evatt, Chairman of the Board
Mr. Evatt, Chairman of the AeroSat Board of Directors, served most recently as Vice President and GM of EMS Aviation, which was a consolidation of Formation, Inc. and two EMS business units with combined revenues of $120 million. The company developed and produced aircraft connectivity systems for commercial and military aircraft. Mr. Evatt joined Formation, Inc. in 1988 as CEO and eventually negotiated the sale to EMS.

Prior to Formation, Inc., Mr. Evatt served as CEO at Liberty Technologies, a producer of diagnostic systems for the nuclear power industry, and successfully took the company public. Mr. Evatt came to Libery Technologies after 17 years with General Electric, where he ran profit centers throughout the Middle East, Africa and Europe.

Mr. Evatt holds a BA in Mathematics and Economics from Western New Mexico University, and an MS in Nuclear Engineering from Purdue University.

David H. Rowe, Co-founder and Managing Partner of AeroEquity (Director, AeroSat)
Mr. Rowe, Chairman of the AeroSat board, is Co-founder and Managing Partner of AeroEquity. He also served as Executive Vice President of Gulfstream Financial Services Corporation (GFSC), a wholly owned subsidiary of Gulfstream AeroSpace. Mr. Rowe was instrumental in designing and establishing GFSC's operational and financial infrastructure and growing the business to over $600 million in managed assets.

Prior to GFSC, Mr. Rowe served thirteen years with General Electric Vice-President Aircraft Remarketing, responsible for managing remarketing activities associated with GE Capital's then $12 billion Commercial Aircraft Portfolio. Between 1990 and 1994, Mr. Rowe helped the company remarket over 350 aircraft valued at over $2 billion, established an engine leasing business and an aircraft teardown and parts distribution business. Mr. Rowe is a member of the Board of Directors of Garrett/Piedmont Aviation Services, Inc., TurboCombuster Technologies Inc., Kellstrom Industries, Grand Prairie Accessory Services, LLC, and Wianno Capital Partners, LLC.

Leslie B. Daniels, Managing Partner, CAI
Mr. Daniels was a founding partner of CAI Investments in 1989. He currently works as a Managing Partner at CAI in New York. He was previously President of Burdge, Daniels & Co. Inc., a company engaged as a principal in venture capital and buyout investments, as well as the trading of private placement securities. Mr. Daniels was responsible for financing, overseeing and disposing of investments made on behalf of the company. Prior to forming Burdge, Daniels he was a Senior Vice President of Blyth, Eastman, Dillon & Co., where he led the corporate fixed income sales and trading departments.

Mr. Daniels is a former Director of Aster-Cephac SA, IVAX Corporation, MIM Corporation, Mylan Laboratories, Inc., NBS Technologies Inc., and MIST Inc. He was also Chairman of Zenith Laboratories, Inc. He currently serves as a Director of SafeGuard Health Enterprises, Inc., Bioanalytical Systems Inc., Douglas Machine & Tool Co., and is Chairman of TurboCombustor Technology, Inc.

Mr. Daniels has had substantial experience investing as a principal in the health care industry. Over the last twenty years, he has invested in numerous startup, venture capital and buyout transactions in various sectors across the health care spectrum including health maintenance organizations, generic drug pharmacy benefit companies. As a result, Mr. Daniels has established a broad base of relationships with people associated with the health care industry from which he receives a steady flow of transaction opportunities. Mr. Daniels received a B.S. from Fordham University.

Sherwood (Woody) D. Goldberg, Esquire
Mr. Goldberg is a retired U.S. Army officer, whose military service included two combat tours in Vietnam and subsequent service as a member of the academic faculty at the United States Military Academy, West Point, New York. For more than 26 years he served both in the U.S. Department of State as Chief of Staff to then-Secretary of State Alexander M. Haig, Jr. and in the private sector as business associate and manager of General Haig's international advisory firm, Worldwide Associates, Inc.

Currently, Mr. Goldberg is Senior Advisor for Asian Affairs at The Center for Naval Analysis, a federally funded research and development corporation and a member of the Board of Directors of TurboCombustor Technology, Inc. In addition, he is a Trustee of Dickinson College, Carlisle, Pennsylvania; Trustee of the West Point Jewish Chapel Fund; and Civilian Aide to the Secretary of the Army for Washington, D.C. He also serves as a military expert with the law firm of Berger&Montague, P.C.

A graduate of Dickinson College, Mr.Goldberg earned a Masters Degree in International Relations from the University of Pennsylvania and a law degree from Temple University School of Law. He is a member of the Bar of the Commonwealth of Pennsylvania.

Mr. Goldberg is a consultant on U.S. defense policy, international political and commercial matters, including on matters related to the aerospace industry. He has established a broad base of relationships with current and former government and military leaders throughout Asia, the Middle East and Europe.

Michael Greene, Managing Partner of AeroEquity (Director, AeroSat)
Mr. Greene has nineteen years of private equity investment experience as a Founding Partner of UBS Capital LLC in 1992, a $1.0 billion balance sheet private equity vehicle of UBS AG, and in 1999 of UBS Capital Americas II, LLC, a $1.0 billion off balance sheet private equity fund sponsored by UBS AG. Over this 19-year period, Mr. Greene has made over 30 private equity investments. From 1990-1992, Mr. Greene was a founding member of UBS AG's Leveraged Finance Group which provided senior and mezzanine capital to sponsored leveraged buyouts