New America High Income Fund

Mr. Birch is Chairman of the Board of The China Business Group. He is also President and Director of the New America High Income Fund, a closed-end leveraged high yield bond fund traded on the New York Stock Exchange, and Director and Strategic Planning Consultant for Dewe Rogerson, Europe's largest financial public relations firm. Mr. Birch has over twenty-five years of experience in the investment management business, and previously served as President and CEO of Gardner and Preston Moss, a company which he built into one of the hundred largest private investment firms in the United States. Mr. Birch began his career as a manager with Arthur Andersen and Company where he worked in both the audit and management consulting divisions.

Mr. Korman is Chairman of the Board and has served in this capacity since March 8, 2004. He has served as a director since October 19, 1993. Mr. Korman has been Chairman of the Board of Trustees of Philadelphia Health Care Trust, a private healthcare foundation, since December 1995. Mr. Korman is also a director of The New America High Income Fund, Inc. (NYSE:HYB) (financial services), Medical Nutrition USA, Inc. (OTC:MDNU.OB) (develops and distributes nutritional products) and NutraMax Products, Inc. (OTC:NUTP) (consumer health care products). He was formerly President, Chief Executive Officer and Director of MEDIQ Incorporated (OTC:MDDQP) (health care services) from 1977 to 1995. Mr. Korman served as a trustee of Kramont Realty Trust (NYSE:KRT) (real estate investment trust) from June 2000 until its merger in April 2005 and of The Pep Boys, Inc. (NYSE:PBY) and also served as The Pep Boys, Inc.'s Chairman of the Board from May 28, 2003 until his retirement from such board in September 2004. Mr. Korman was previously a director of Omega Worldwide, Inc.

Joseph L. Bower is on the faculty at Harvard Business School. He joined Anika Therapeutics' board of directors in 1993. He has held various positions at Harvard Business School since 1963, where he was named professor of busines...