FBR Capital Markets Corp.

Mr. Hynes is Chairman and Chief Executive Officer of Colliers Meredith & Grew, a full-service commercial real estate firm. Mr. Hynes joined Meredith & Grew in 1965, was appointed President in 1988 and assumed the role of Chairman and Chief Executive Officer in 2007. Mr. Hynes serves as Chair of the Emmanuel College Board of Trustees and is a Director of the John F. Kennedy Library Foundation and the Massachusetts Business Roundtable, a non-profit, nonpartisan, statewide public affairs organization that represents Massachusetts' leading industry and business enterprises, where he served as Chairman from 2004 to 2006. Mr. Hynes served as a director of Prentiss Properties Trust (October 1996 to January 2006) -- a publicly-traded REIT that was acquired by Brandywine Realty Trust in January 2006.

Timothy H. Burns is the Chief Executive Officer of Friedman, Billings, Ramsey International Ltd. Prior to joining FBR in 1998, Mr. Burns served as a Managing Director at Bear, Stearns & Co. Inc. from 1994-1998. From 1993-1994, Mr. Burns was Senior Vice President of Institutional Equities at JP Morgan. Prior to that, Mr. Burns served as Senior Vice President of OTC Trading at Bear Stearns & Co. from 1988-1992 and Vice President of OTC Trading at Drexel Burnham Lambert from 1984-1988. Mr. Burns received a B.A. in Political Science from East Carolina University in 1982.

Bradley Wright is Executive Vice President and Chief Financial Officer of FBR Capital Markets Corporation. Mr. Wright has more than 25 years of experience in financial services and joined FBR Capital Markets from Bear Stearns where he most recently served as Senior Managing Director and was in charge of finance for Private Client Services. Prior to joining Bear Stearns in 1996, he spent 14 years at Price Waterhouse in its Capital Markets & Treasury division. Mr. Wright is a Certified Public Accountant and a CFA charter holder.

Timothy Wood is FBR’s Chief Information Officer with responsibility for the strategic development and implementation of all business information systems, trading and technology infrastructure. Prior to joining FBR, Mr. Wood was Executive Director, Head of Distribution and Research Technology, for CIBC World Markets. Mr. Wood has also held a number of leadership positions with UBS Investment Bank including Executive Director, Head of Program Trading Technology - US Cash Equities IT and Global Head of Sales and Client Technology - Fixed Income IT. Mr. Wood holds an MS in Management from the MIT Sloan School of Management and a B.A. in Physics, Economics and French from Duke University.

James Neuhauser is Executive Vice President and Head of Investment Banking. Mr. Neuhauser has worked in the firm's Investment Banking group for more than 15 years during which time he built and led the firm's Financial Institutions, Insurance and Real Estate Investment Banking groups, all of which grew to be industry leaders in capital raising and advisory services. He was also responsible for the firm's recent international expansion, establishing the investment banking platforms in the London and Sydney offices. Prior to joining FBR Capital Markets, Mr. Neuhauser was a Senior Vice President of Trident Financial Corporation, where he specialized in managing stock offerings for mutual to stock conversions of thrift institutions. Prior to joining Trident, Mr. Neuhauser worked in commercial banking with the Bank of New England. Mr. Neuhauser is a member of the company's Executive Committee. He is a CFA charter holder and a member of the Society of Financial Analysts. Mr. Neuhauser received a Bachelor of Arts from Brown University and an M.B.A. from the University of Michigan.

James Kleeblatt is Executive Vice President and Head of the Capital Markets group. Mr. Kleeblatt oversees the marketing, pricing and post offering trading of FBR's underwritten and private transactions. Prior to joining FBR in 1995, Mr. Kleeblatt was Executive Vice President of Johnston, Lemon & Co., Inc. from 1972 - 1995. He began his career as an analyst at The Goldman Sachs Group, Inc. in 1970. Mr. Kleeblatt was a founding shareholder and director of District Cablevision, Inc. which secured a cable franchise for Washington, DC. He serves on the board of directors of several Washington-area charitable organizations as well as the Piedmont Environmental Council. Mr. Kleeblatt received both his MBA and a B.A. in Political Science History from George Washington University.

William K. Stephens is FBR’s Executive Vice President and Head of Enterprise Operations with responsibility for human resources, corporate giving, information technology, facilities, marketing and communications, and media relations. Since joining FBR in 2003 as Chief Marketing Officer, Mr. Stephens has helped raise the profile of FBR in the investment community, among FBR’s potential customers, and the public in general. He was principally responsible for FBR’s title sponsorship of the PGA TOUR’s FBR Capital Open in Washington, DC, and for FBR securing a 5-year title sponsorship of the FBR Open. Prior to joining FBR, Mr. Stephens held various senior level general management and sales positions, both in major international corporations and startup enterprises. He was, most recently, Vice President and General Manager, Government Solutions for the Art Technology Group (ATG), a customer relationship management (CRM) software company; and Chief Development Officer of an Internet services integration firm, Iconixx Corp. Before that he held management positions with PRC (now owned by Northrop Grumman), Oracle Corporation, Lockheed Martin and IBM. Mr. Stephens was a Captain in the U.S. Air Force with the Strategic Air Command in combat intelligence. He earned a BS in psychology from Denison University, and attended management development programs at Harvard Business School and the Brookings Institution. Mr. Stephens has been active in a number of nonprofit organizations in the community, including the Center City Consortium, the Landon and Holton Arms schools, the Juvenile Diabetes Research Foundation and the Washington Home.

Charlie Thompson is a Senior Managing Director and Co-Head of FBR’s Energy & Natural Resources investment banking group. Prior to joining FBR in February 2007, Mr. Thompson was Head of Legacy Partners Group’s Energy & Natural Resources Group. Prior to joining Legacy, Mr. Thompson was a Managing Director in Credit Suisse First Boston's Energy Group where he was responsible for the Oil Services practice. Mr. Thompson joined CSFB in 1996 as a member of the Leveraged Finance group with responsibility for developing the high yield and lending business for the energy sector. Mr. Thompson moved to the Energy Group as a coverage officer in 1999. Mr. Thompson began his career in the Energy Division at Manufacturers Hanover Trust in 1984 and moved to Banque Paribas in 1990 where he helped develop an energy lending business, structured commodity derivative-linked financings, and invested in oil and gas properties. Throughout his career, Mr. Thompson has worked with E&P, oil service, mid-stream, drilling, utilities, refinery, inter- and intrastate pipeline, and international integrated companies. Mr. Thompson currently serves on the boards of two private companies. Mr. Thompson attended Columbia Business School and earned a B.A. in Geology from Williams College.

David DeRuff is Senior Managing Director and Head of the Technology, Media & Telecom Investment Banking group at FBR Capital Markets and has over 20 years of investment banking experience.? Prior to joining FBR, Mr. DeRuff was Managing Partner and co-founder of East Peak Advisors LLC, an independent investment banking and advisory firm.? Mr. DeRuff, together with Brewer Stone, founded East Peak in January 2002.? Prior to East Peak, Mr. DeRuff was a Managing Director at Montgomery Securities, where he spent more than a decade of his career, and Donaldson Lufkin Jenrette, where he led their San Francisco technology banking practice. Mr. DeRuff holds a B.S. in Business Administration from the University of California at Berkeley and a M.B.A. from Harvard Business School.? Mr. DeRuff holds Series 7, 24 and 63 securities licenses. Mr. DeRuff served as Chairman of the Estuary Boathouse Fund, a non-profit entity dedicated to building a new facility for the University of California Crew.? He was also a Director of the San Francisco 2012 Olympic Bid and a member of the 1984 U.S. Olympic Team.

FBR Capital Markets?Director of Research David Khani has more than 20 years of investment experience, including 13 years following several industries within the energy sector.? Mr. Khani joined FBR Capital Markets?in August 1998 as a senior analyst in the Energy & Natural Resources group, most recently covering the oil and gas exploration and production and coal mining industries.? He became a managing director and co-head in 1999, helping to build and diversify the firm?s Energy platform, with research coverage that currently spans from $100 million equity market cap producers to the large global oil and natural gas and coal mining companies.? In February 2007, Mr. Khani was appointed Director of Research.? He?leads a team of?approximately 75?equity and policy analysts?known for their detailed knowledge of not only the S&P 500 issuers in their respective spaces, but also their in-depth understanding of small- and mid-cap names that often are unrecognized by larger Wall Street firms.? FBR Capital Markets? equity analysts cover?approximately 450 companies, focusing their expertise on?seven vertical industry sectors?consumer, diversified industrials, energy & natural resources, financial institutions,?insurance, real estate and technology, media & telecom; economic and policy analysts add their insights to political, regulatory and economic trends and events.??? Prior to joining FBR Capital Markets, Mr. Khani spent more than five years covering large-cap companies in the oil and gas sector at Bear Stearns and Prudential Securities and coal mining and local gas distribution industries during his tenure at Lehman Brothers. Mr. Khani is known for his in-depth commodity and company research and for consistently employing a critical perspective to help clients generate alpha.? He received The Wall Street Journal ?Best on the Street? award in the mining?and metals sector in 2005.? Mr. Khani received?a Bachelor of Arts?in biological sciences from the State University of New York at Binghamton and?an M.B.A. in finance and corporate accounting from the William E. Simon Graduate School of Business at the University of Rochester.? He is a member of the CFA Institute and the Washington Society of Investment Analysts.

Jack Maier is Senior Managing Director and Co-Head of FBR's Financial Sponsors group. Prior to joining FBR, Mr. Maier was Managing Director and co-founder of Legacy Partners Group, an independent investment banking and advisory firm, founded in January 2003, and acquired by FBR in 2007. Prior to Legacy, Mr. Maier was a Managing Director in Credit Suisse First Boston's M&A Group in New York and Co-Head of the firm's Global Exclusive Sales Group. Mr. Maier joined CSFB in November 2000 when the company acquired Donaldson Lufkin & Jenrette. Prior to DLJ, Mr. Maier held positions at Wasserstein Perella & Co. and Drexel Burnham Lambert. Mr. Maier currently serves on the boards of several private companies and is active in various charitable and civic organizations. Mr. Maier is a member of the Calloway School Board of Visitors at Wake Forest University and a member of the Advisory Board of the McDonough School of Business at Georgetown University. Mr. Maier earned an M.B.A. from Georgetown University, earning the distinction of University Fellow, and a B.A. in Economics from Wake Forest University.

Ken Slosser is a Senior Managing Director and Group Head of the Financial Institutions Investment Banking Group for FBR Capital Markets. Mr. Slosser is responsible for coordinating the firm’s investment banking and corporate finance efforts with respect to financial services companies, including depository institutions, mortgage and specialty REITs, mortgage companies, and other specialty finance companies. In this regard, Mr. Slosser is involved in initial public offerings, public secondary offerings and private placements. He also advises companies on mergers and acquisitions and provides financial advisory and valuation services to clients. Mr. Slosser is a frequent speaker at industry conferences and events. Prior to joining FBR, in 1996, Mr. Slosser served as an Assistant Director with the Office of Thrift Supervision. While there, he had primary oversight responsibility for savings institutions and savings institution holding companies located in California, Arizona and Nevada, including the nation’s largest and most troubled institutions. During his tenure with the OTS, Mr. Slosser was directly responsible for several significant private sector transactions resulting in the successful acquisition, restructuring or recapitalization of distressed financial institutions.

Michael Lloyd is Senior Managing Director and Head of Convertible Securities in Sales and Trading for FBR Capital Markets. Prior to joining FBR Capital Markets, Mr. Lloyd served as Senior Managing Director and Global Head of Convertible Trading at Bear Stearns and had responsibility for all primary and secondary capital commitment. During his time at Bear Stearns, he helped build a leading small and mid-cap convertible securities platform. Mr. Lloyd has over twenty years of experience in equity and convertibles trading, having held senior positions at Bear Stearns in New York and London after starting his career in convertibles at Morgan Grenfell.

Mr. DeMartini is a Managing Director of Crestview Partners, a position he has held since 2006. Mr. DeMartini currently serves as the non-executive Chairman of Munder Capital Management, a registered investment advisor, which is a Crestview portfolio company. Mr. DeMartini retired as President of Bank of America’s Asset Management Group in December 2004. He was also a member of the Risk and Capital Committee and the Operating Committee at Bank of America. Prior to joining Bank of America in 2001, Mr. DeMartini served as Chairman and Chief Executive Officer of the International Private Client Group at Morgan Stanley Dean Witter. He also was a member of the Morgan Stanley Dean Witter Management Committee. Mr. DeMartini’s career at Morgan Stanley Dean Witter spanned more than 26 years and included roles as President of Individual Asset Management and President of Dean Witter & Company, Inc. and Chairman of Discover Card. He has been a member of the investment community since joining Dean Witter in 1975. He has served as Chairman of the Board of The Nasdaq Stock Market, Inc. and Vice Chairman of the Board of the National Association of Securities Dealers, Inc. Mr. DeMartini currently serves as a trustee of the Cancer Research Institute and of the Whitney Museum.

Allison L. Smith is Senior Vice President and Director of Internal Audit for FBR Capital Markets Corporation and FBR Group. She and her team are responsible for providing internal audit, risk assessment, advisory functions and Sarbanes-Oxley compliance throughout FBR Capital Markets and FBR Group. Joining FBR in 2005, Ms. Smith brings more than ten years of financial services experience to the firm. She began her career at Franklin Templeton Investments and subsequently joined Morgan Stanley’s Prime Brokerage division, managing large hedge fund clients. Prior to joining FBR, Ms. Smith served as Vice President for a hedge fund located in Palm Beach, Florida, and was previously a senior consultant for Protiviti, providing internal audit and risk consulting services. Ms. Smith received a Bachelor of Science in finance and marketing from Florida Atlantic University and is a Certified Public Accountant. She is a member of the Northern Virginia Chapter of the Institute of Internal Auditors and the Internal Audit Division of the Securities Industry and Financial Markets Association.

Shannon Small is FBR?s Senior Vice President and Director of Corporate Marketing and Communications with responsibility for the firm?s branding, advertising, conferences, client programs, materials, and sponsorships.? She and her team are also responsible for the client programs and promotion of the FBR Open. Having specialized in professional services marketing, Ms. Small brings more than 10 years of marketing and sales experience to FBR.? Prior to joining FBR, Ms. Small held several senior positions in real estate and technology.? Most recently, she served as Vice President of Marketing for Akridge, a leading commercial real estate firm based in Washington where she led corporate branding, investor relations, special events, project marketing and public relations initiatives.? She earned a BS in economics and political science from Miami University in Oxford, Ohio. Ms. Small is active in a number of business organizations.? She was the founder of the Washington Real Estate Marketing Group, a charter member and past chair of the Greater Washington Board of Trade?s Marketing Executive Network and is a member of the Financial Communications Society.? She also serves on various committees for St. Patrick?s Episcopal Church and Day School.

Gavin A. Beske is Deputy General Counsel at FBR Capital Markets. Mr. Beske is principally responsible for the legal oversight of FBR's investment banking activities. Prior to joining FBR Capital Markets, Mr. Beske was in private practice in the San Francisco and Washington, DC offices of Gibson, Dunn & Crutcher LLP where he focused on securities offerings, mergers and acquisitions and venture capital investments. Mr. Beske received a Bachelor of Arts from Princeton University and his law degree from Columbia University Law School, where he was Managing Editor of the Columbia Law Review and a Harlan Fiske Stone scholar.

Mr. Alper currently serves as Chairman and Managing Member of EQA Partners, L.P., a commodity pool limited partnership engaged in a global macro strategy and currency trading. Mr. Alper served as President of New York City’s Economic Development Corporation and Chairman of New York City’s Industrial Development Agency from February 2002 to June 2006. Prior to joining New York City’s government in February 2002, Mr. Alper was a Partner and Managing Director of Goldman, Sachs & Co., or Goldman Sachs. In his 21 year career with Goldman Sachs, Mr. Alper served in various positions, including Co-Head of the Investment Banking Division’s Financial Institutions Group and Chief Operating Officer of the Investment Banking Division. Mr. Alper currently serves as Vice Chairman of the Board of Trustees of the University of Chicago and is a member of the Visiting Committee of the University of Chicago Graduate School of Business. Mr. Alper also is a trustee of Columbia Grammar and Preparatory School and the Mount Sinai Medical Center in Manhattan.

Since his retirement from Goldman Sachs in 2001, Mr. Reimers has served as an independent financial and business consultant. From 1981 to 2001, Mr. Reimers served in various capacities at Goldman Sachs, including, among others, as a Partner and Managing Director of the Investment Banking Division, Co-Head and founder of the Investment Banking Division’s Healthcare Department from 1996 to 1998 and Co-Head of the Financial Advisory Group (London) from 1991 to 1996. Mr. Reimers also serves as Chairman of the Board of Directors of Rotech Healthcare, Inc. (Nasdaq: ROHI), a publicly-traded healthcare company, a position he has held since March 2002. Mr. Reimers serves as a member of Rotech’s audit, compensation and nominating and corporate governance committees. He also serves as a director of Bear Naked, Inc., a private food company. From 2003 to 2005, Mr. Reimers served as a director of NeighborCare, Inc. (Nasdaq: NCRX), a publicly-traded healthcare company that was acquired by Omnicare, Inc. in July 2005. Mr. Reimers is also a member of the management advisory board of New Mountain Capital, L.L.C., a private equity firm, and is a senior advisor to the New Mountain Vantage Fund, a public equity investment fund. Mr. Reimers serves on the board of trustees of the Boys & Girls Club of Greenwich and The Miami University Foundation Board, where he chairs the investment committee.

Mr. Wall is currently the Chairman and CEO of Capital Markets Advisors, Inc., a firm that provides financial markets advisory services, a position that Mr. Wall has held since the firm's formation in December 2002. From 1965 to October 2002, Mr. Wall served in various management roles at the National Association of Securities Dealers, Inc. and the Nasdaq Stock Market, most recently serving as President of Nasdaq International, Ltd., a position he assumed in 1997. Mr. Wall currently serves as a director of FBR Group, a position that he has held since October 2002. In addition, Mr. Wall serves on the board of the Macklin Business Institute of Montgomery College and is Honorary Chairman of YANS International, a Chinese conglomerate. Mr. Wall has also served on numerous industry committees and boards, including the National Securities Clearing Corporation, The Options Clearing Corporation and EASDAQ. Mr. Wall recently retired from the board of the Caisse de Depot et Placement du Quebec.

Richard J. Hendrix is Chief Executive Officer of FBR Capital Markets. He previously served as President and Chief Operating Officer before assuming his current position in January 2009. Mr. Hendrix also served as COO of FBR Group with responsibility for the corporation’s principal investment activities including its mortgage-backed securities and merchant banking businesses. Before FBR’s merger with FBR Asset in March 2003, Mr. Hendrix served as the President and Chief Operating Officer of FBR Asset Investment Corporation and held senior investment banking positions. Prior to joining FBR, Mr. Hendrix was a Managing Director of PNC Capital Markets' Investment Banking group, focusing on mergers and acquisitions, equity, and high-yield debt underwriting. Mr. Hendrix previously also headed PNC Capital Markets asset-backed securities business, which encompasses public underwriting of asset-backed securities, private placement of asset-backed securities and the administration of two commercial paper conduits. During his career, Mr. Hendrix has worked extensively with companies in a broad range of industries including financial institutions, REITs, metals, retailing, diversified holding companies, specialty finance and consumer products. Mr. Hendrix joined PNC in 1987 and was appointed by PNC to work with FBR in 1997 in connection with a strategic alliance between the two companies. He joined FBR in 1999. Mr. Hendrix received his B.S. in Finance from Miami University.

Co-founded Crestview in 2004. Retired from Goldman Sachs in 2003 where he was the co-founder (1994) and head of the Financial Sponsors Group. The Financial Sponsors Group was responsible for Goldman’s investment banking activities with private equity firms around the world. During Mr. Murphy's tenure, Goldman enjoyed market leadership with these clients in the firm's most profitable product areas. In addition to his investment banking activities, Mr. Murphy originated and/or managed several of Goldman’s direct private equity and mezzanine capital investments. Mr. Murphy is a director of Symbion, FBCM and Key Safety Systems. Mr. Murphy received his MBA from Harvard University, where he earned second year Honors. Mr. Murphy received his A.B. from Princeton University. While at Harvard, Mr. Murphy co-founded the Massachusetts Bay Brewing Company. He serves on the Boards of Trustees of The Greenwich Country Day School; The Inner-City Scholarship Fund; The Madison Square Boys and Girls Clubs; and The Taft School.