Kennedy Capital Management Inc.

Stephen Mace, JD, CPA, CFA, is a Vice President and the Chief Operating Officer. Prior to joining Kennedy Capital, Mr. Mace co- founded Centurion Alliance, Inc. in 2000 and served as a Managing Director and its first Chief Compliance Officer. Before that, he was a Vice President with the Franklin Templeton Private Client Group. Mr. Mace received his BA summa cum laude from William Jewell College and his Juris Doctor degree from the University of Missouri-Columbia School of Law.

Joseph G. Kinnison, CFA, a Vice President, is the Portfolio Manager of the Mid Cap Value portfolios. Immediately prior to joining KCM, Joe was a principal and portfolio manager at Tice Asset Management, a long/short hedge fund. For the previous six years, Joe worked for American Express Financial Advisors as an equity analyst in the asset management group, then a short analyst and portfolio manager in the hedge fund group. Joe began his career in 1991 as a securities analyst at Boatmen's Trust Company. He has an MS from the University of Wisconsin Madison in Finance, Investment, and Banking, and Joe graduated magna cum laude from Rockhurst College with a BSBA degree in Economics and Finance.

Richard Todaro, CFA, a Vice President and Director, has been the Portfolio Manager of the Small Cap Growth portfolio since 1999. He joined Kennedy Capital in 1996 as an analyst and has held positions of increasing responsibility, including the position of assistant director of research and assistant portfolio manager. Mr. Todaro received a BSBA in Finance from the University of Missouri and an MS in Finance from Saint Louis University.