Mergent Inc.

Tim Alward has been involved in the financial markets for the past 24 years and has highly developed expertise in quantitative stock selection techniques. Since joining Ford Equity Research in 1994, Mr. Alward has been responsible for the successful development and implementation of many of Ford's stock selection methods and decision making tools. Under his guidance, research on value, earnings, sales, and price momentum models; earnings estimates, operating earnings yield, share buyback, stock splits and various fundamental and technical factors have been published and integrated by Ford clients. Mr. Alward frequently contributes to articles in the financial press and speaks regularly at industry conferences. Prior to joining Ford Equity Research, Alward held positions as an analyst and portfolio manager with Argus Investment Management, where he developed value and earnings momentum disciplines to manage asset for institutions, private clients and domestic hedge funds.

Mr. Roche serves as the Chief Financial Officer for Mergent, Inc. As CFO, he is responsible for the overall financial management and stability of the company. In addition, Mr. Roche is responsible for the oversight and implementation of Mergent's technology strategies. At Mergent, he was a key individual to the successful purchase and integration of the Financial Information Services division of Moody's Investor Service. Before joining Mergent, Mr. Roche was Vice President of Administration at the Industrial Bank of Japan, Ltd. (IBJ), one of the ten largest banks in the world at the time. He established the technology group at its Chicago Branch and focused on introducing new technologies to IBJ globally. Before IBJ, Mr. Roche was a Senior Financial Analyst at The Balcor Company, a real estate syndication firm. He earned his MBA in finance / international business from DePaul University and his BBA in finance at the University of Iowa.

Mr. Jenkins is the National Sales Manager overseeing the worldwide sales group. He began his career in the information industry in 1973 with Dun & Bradstreet. Mr. Jenkins progressed through several management positions before joining Moody's in 1987, where he became a vice president in 1997. He received his undergraduate degree from California State University at Fullerton and his MBA from California State University at San Bernardino.

Mr. Harootunian is responsible for leading Mergent's initiatives into the securities marketplace. He brings to Mergent more than 20 years of experience in the financial services industry in areas ranging from on-line bond trading, asset management and brokerage to commercial banking. Before joining Mergent, Mr. Harootunian was the President of Bond Express Inc. and was responsible for managing BARRA's online bond trading subsidiary. Additional previous experience includes positions as a Senior Vice President at BARRA's Investment Data Products Division and the Director of Strategic Marketing-Taxable Fixed Income at Reuters America Inc. Mr. Harootunian also brings knowledge gained while working at Dean Witter Intercapital as Vice President, Senior Portfolio Manager. Mr. Harootunian holds an MBA in finance/investment analysis from Pace University and a BA in economics from the University of Virginia.

Chris Henry is the Director of EventsData at Mergent Inc. Mr. Henry is currently responsible for the global corporate actions, dividend and end-of-day pricing data. His market data career began in 1993 with Moody's Investors Service, where he managed the North American Equity & Fixed Income corporate actions division. In 1999, Chris advanced and managed the Quality Assurance division for both dividends and corporate actions data. Chris's background of corporate actions and dividend data led to his recent position of Director at Mergent Inc. He attended Winthrop University with a BA in Marketing.

Mr. Pedernales serves as the managing director of equity research, which is responsible for developing global equity research products and services. In addition, he has lead a number of development projects that have further enhanced Mergent's company fundamental database and collection efforts. Mr. Pedernales has progressed through several management positions and has contributed greatly to the expansion of Mergent's global presence in the financial market place. This has been accomplished by opening offices for collection and analysis globally. He currently sits on the board of directors for Mergent Japan K.K. Mr. Pedernales received a dual Bachelor's degree in Finance and Business Administration from the University of North Carolina at Charlotte.

Ms. Peterson is responsible for the overall collection of fixed income data at Mergent. In her current capacity, she is responsible for product development, client support for the bond product suite, and data integrity of the taxable and municipal bond data. Ms. Peterson has managed the transition of Mergent's fixed income products and data collection from being centered on the reference market to real-time data delivery into the institutional markets. She has over 12 years of experience in the financial information industry. Previous to her current role, she was the Director of Securities Data at Mergent. She earned her BSBA in Management and Finance and her MBA from the University of North Carolina in Charlotte.

Ms. Pyle is responsible for managing all of the Human Resource and Administration functions for Mergent Inc. She began working at Moody's in 1992 playing a key role in opening the Charlotte North Carolina office. Prior to joining Moodys/Mergent she worked at Sprint where she was instrumental in opening a large telecommunications center and at First Florida Bank as a Human Resources Manager. She received her M.Ed in Personnel and Training and Development from the University of North Carolina at Greensboro and a Bachelor of Arts degree in English/Journalism from Elon College.

Tom Wecera has been working with Mergent and Moody's for the past 29 years. Mr. Wecera is currently responsible for all the production of Mergent's print products. Tom started his career in Moody's Investors Service in 1977 for Moody's Fact Sheet Department. In 1983 Tom started working on the Moody's financial database and in 1986 worked on bringing the print production composition in-house. In 1992 Tom took over all print production responsibilities for Mergent. Tom also has the responsibility for the print contracts. Tom attended City University where he majored in finance.