Azur Holdings Inc.

Jeffrey A. Grene is Chief Operating Officer (US) of Azur Holdings. Mr. Grene founded and ran Darby International Sales, Inc., a property development company in Florida that is now part owner in AZUR's Meritage and Place Des Arts condominium projects. He has been responsible for developing over 10 properties in Florida over the past 20 years. Mr. Grene has syndicated, owned and managed a portfolio of over 7,500 apartments units in North Carolina, Georgia, Tennessee and Florida.

Ulrich Ansin is the Creative Director of Azur Holdings, Inc., a position he has held since June, 2005. Prior to this, Mr. Ansin served as a Creative Director for J. Walter Thompson in New York and in Frankfurt, creating campaigns, designs and advertising for such clients as Faberge, Burger King, Colgate-Palmolive, and Kellogg's. After leaving JWT in 1985, Mr. Ansin was a partner in Ansin, Goll & Braunsberger, which was subsequently sold. Mr. Ansin also was the Creative Director behind the Place Des Arts condominium in Fort Lauderdale, now being built by AZUR.

Albert J. Lazo, Esq., is General Counsel and Corporate Secretary for Azur Holdings. He joined the company in April, 2004, prior to which he was an associate at the law firm of Richards & Polansky in Miami, FL, where he represented domestic and international clients in negotiating and structuring corporate transactions. Mr. Lazo graduated with a B.S. in business administration from the University of Florida and has a J.D. from Nova Southeastern University Law School.