Newgistics Inc.

William J. Razzouk is Chief Executive Officer of Newgistics, Inc., a provider of intelligent returns management solutions for direct retailers and technology companies. Mr. Razzouk also owns WJR Advisors and WJR Ventures, management consulting and investment firms. From August 2000 to December 2002, he was a Managing Director of Paradigm Capital Partners, LLC, a venture capital firm in Memphis, Tennessee that focuses on meeting the capital and advisory needs of emerging growth companies. From September 1998 to August 2000, he was Chairman of PlanetRx.com, an e-commerce company focused on healthcare and sales of prescription and over-the-counter medicines, health and beauty products and medical supplies. He was also Chief Executive Officer of PlanetRx.com from September 1998 until April 2000. From April 1998 until September 1998, Mr. Razzouk owned a management consulting business and an investment company that focused on identifying strategic acquisitions. From September 1997 until April 1998, he was the President, Chief Operating Officer and a director of Storage USA, Inc., a then publicly traded (now private) real estate investment trust that owns and operates more than 350 mini storage warehouses. He served as the President and Chief Operating Officer of America Online from February 1996 to June 1996. From 1983 to 1996, Mr. Razzouk held various management positions at Federal Express Corporation, most recently as Executive Vice President, Worldwide Customer Operations, with full worldwide profit and loss responsibility. Mr. Razzouk previously held management positions at ROLM Corporation, Philips Electronics and Xerox Corporation. He previously was a director of Fritz Companies, Inc., Sanifill, Inc., Cordis Corp., Storage USA, PlanetRx.com, America Online and La Quinta Motor Inns. Mr. Razzouk holds a Bachelor of Journalism degree from the University of Georgia.

Professional Profile Melanie Kusin is a Vice Chairman of Heidrick & Struggles, headquartered in the firm's New York office. She served as Global Managing Partner for the Consumer Practice and was elected to and served on the firm's Global Partnership Council. Melanie's personal search practice focuses on serving clients in the consumer product, fashion, luxury, and retail industries. She has completed CEO searches for publicly traded corporations, privately held companies, private equity firms and financially distressed companies. She also fills Board seats for major public corporations along with advising on succession management. Prior to joining Heidrick & Struggles, Melanie was at Russell Reynolds Associates as Managing Director. There, she headed the global Consumer Sector and co-founded the retail practice. Before she began her career in executive search, Melanie was in account management at Ogilvy & Mather, managing client assignments for global FMCG companies. Education Born and raised in Texarkana, Texas, Melanie earned her undergraduate degree in English literature from Sophie Newcomb College in New Orleans and an MBA in marketing and finance from Tulane Graduate Business School. Additional Information Melanie has provided commentary for television and radio on "the corner office" and boards dealing with succession issues. She also is a regular speaker on retailing trends and leadership for national trade associations and the investment community. Thought Leadership Boardroom Briefing: Crossing the Boardroom Digital Divide

Laura is an early Internet investor and brings a vast network of relationships. She is the link that brought together the Founders of StarVest Partners, L.P. Laura likes to say: "As an entrepreneur, I enjoy working side-by-side with our portfolio companies to build valuable relationships with potential customers, partners and other resources." She represents StarVest on the Board of Newgistics and MessageOne and A21. She is an Observer of iCrossing and was also an active Observer on the Board of Connected prior to its being acquired by Iron Mountain in 2004. Laura has worked with leading visionary entrepreneurs and investors throughout her 14 years of financial merchant banking and venture capital experience. Beginning in the early 1990's, she identified investments in several high performing digital media companies. Laura was responsible for direct venture capital investments at Gabelli Securities, Inc. In January 1992, she founded Sachar Capital, Ltd., a financial advisory firm specializing in digital media. Laura was the Founding Chairman of the NYNMA Angel Investors Program, a non-profit organization that has reviewed thousands of early-stage investment opportunities since May 1997 to January 2004 where she also served as a Board Member. Laura is among a cadre of former journalists that bring their passion for research and analysis to venture capital investing. She was an Associate Editor at Financial World magazine from 1986 to 1989 and she was a Financial Analyst in corporate finance at Prudential Securities from 1984 to 1986. She holds a BA from Barnard College, Columbia University, and an MBA from Columbia University Graduate School of Business. Following a belief in the importance of community participation, Laura is on the Board of Ballet Hispanico and a former Board Member of the Trail Blazers Camp and former Society of Fellows Advisory Committee Member at the Aspen Institute. She is also a member of the Young Presidents' Organization (YPO) and Co-Chairman of the YPO Gotham Chapter Education Committee. In the early morning she can often be found running in Central Park.