Bitstream

Anna M. Chagnon has served as Chief Executive Officer of the Company since October 2003. She has also served as President of the Company since June 2000 and as General Counsel since July 1997. She previously served as Chief Operating Officer from August 1998 to October 2003, and Chief Financial Officer from August 1998 to March 2003. From July 1997 to August 1998, she served in various positions at the Company including Vice President, Finance and Administration, Chief Financial Officer and General Counsel, and Vice President and General Counsel. From November of 1996 to July 1997, Ms. Chagnon was Counsel to Progress Software Corporation, a developer and worldwide supplier of solutions to build, deploy and manage applications across Internet, client/server and host/terminal computing environments. From August 1994 to November 1996, she was an attorney for the Boston law firm of Peabody & Arnold LLP where she specialized in corporate, securities, finance and intellectual property law. She holds a Bachelor of Science degree, summa cum laude, from Northeastern University, a Juris Doctor degree from Boalt Hall School of Law of the University of California at Berkeley, and a Master of Business Administration, summa cum laude, from Babson College.

Jim Dore was named a Vice President and the Company's Chief Financial Officer in March 2003 and has been the Company's Corporate Controller since June 1999. Mr. Dore has over twenty years of service in various senior financial positions. From January 1997 to June 1999, Mr. Dore served as Corporate Controller at Celerity Solutions Inc. (bulletin board- CLTY), a developer and marketer of supply chain and warehouse management business software, he also served as Celerity's Chief Financial Officer and Treasurer from April 1999 to June of 1999. Mr. Dore holds a C.P.A. certificate and a B.S. degree, with distinction, from Clarkson University.

Costas Kitsos has headed up Pageflex's Research & Development arm since its inception. He also serves as VP of Engineering for Bitstream. Mr. Kitsos is a veteran software developer with over fifteen years' experience in type and publishing application development. Before joining Bitstream in 1996, Mr. Kitsos headed IconWorks, where he developed award-winning type applications and offered consulting services on end-user programs and graphical user interfaces. He holds a Masters degree from the University of California, Los Angeles.

Sampo Kaasila joined Bitstream in November 1998 upon the acquisition of his company, Type Solutions, Inc. From August, 1989 to November 1998, he was a founder and President of Type Solutions, Inc., a leading developer of font technologies including T2K, a font renderer which provides an object oriented design, advanced architecture and algorithms, and a clean API resulting in maximum reliability, performance, and easy integration. From August, 1987 to August, 1989, Mr. Kaasila worked at Apple Computer, Inc. and was the Lead Engineer and Inventor of the TrueType technology now part of every Macintosh and Windows system. Mr. Kaasila's font technology and mobile browsing inventions have resulted in the awarding of ten U.S. patents. Mr. Kaasila holds a Masters Degree in Electrical Engineering from the Royal Institute of Technology in Stockholm, Sweden where he graduated first in his class in January 1983.

Rick Mohr has served as architect of the NuDoc engine and Director of NuDoc Development for Pageflex and its predecessors since 1993. He coordinates NuDoc design and development, enabling both Pageflex and its customers to create state-of-the-art publishing applications. Mr. Mohr has published many articles in computer science journals and frequently speaks at industry conferences. He received his Ph.D. in Computer Science from Yale in 1991.

Jeffrey Caruso has worked for Pageflex and its predecessors since August 1998. He is assigned to the team developing the NuDoc composition engine and is the Company's representative to the XSL Working Group. From 1996 to 1998, Mr. Caruso taught courses and performed research in pure and applied mathematics at Cambridge University in England. From 1991 to 1996, he was Chief Scientist of Information International, Inc., continuing in that role at Autologic Information International. From 1987 to 1991, Mr. Caruso was a key member of the development team at Archetype, Inc., during which time it developed the original technology that evolved into today's NuDoc engine. From 1985 to 1987, he was Software Manager of Drane Associations in Nashua, New Hampshire, and from 1983 to 1985 he was a Senior Computer Scientist for Carlisle Systems, Inc. Prior to Carlisle Systems, he was a founding employee and principal developer at Atex Media Solutions, Inc., where he developed the original editing and operating system software of the Atex publishing system. Mr. Caruso holds a Ph.D. in Mathematics from the University of Chicago and a BS in Mathematics from MIT.

Charles Ying has served as Chairman of the Board for Bitstream since 1997. From 1992 to 1996, Mr. Ying served as CEO of Information International, Inc., a corporation engaged in the business of designing, manufacturing, and marketing computer-based systems that automate document production and publishing. Mr. Ying also serves on the Board of NodeWarrior Networks Inc., an Internet service provider located in Los Angeles, California.

Co-founder and retired Senior Vice President of Finance and Administration, Chief Financial Officer and Director of Apollo Computer, Inc., a corporation engaged in the manufacturing of computer workstations.