Novadel Pharma Inc.

Mr. Spicer joins NovaDel as Chief Financial Officer. Mr. Spicer was most recently the Chief Financial Officer of Orchid Biosciences, Inc, a leading provider of identity genetics testing services. At Orchid he played a key role in the successful capital restructuring of the company and its achievement of quarterly operating profitability. Previously, Mr. Spicer served as Vice President, Chief Financial Officer of Lifecodes Corporation from 1998 until it was acquired by Orchid. His background prior to Lifecodes includes over 20 years of finance and accounting experience with White River Corporation, The Chinet Company, Kraft General Foods and Deloitte & Touche. Mr. Spicer is a Certified Public Accountant, and holds an undergraduate degree in Accounting from the University of Virginia and a MBA from Harvard University.

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With over 20 years of experience in financial, operations, technology and business development areas, Tom brings an informed, broad, and deep level of expertise to our client's strategic and tactical issues across many industry groups (manufacturing, retail, professional services, technology, and pharmaceuticals). He is a recognized expert on middle market operations, integration of acquisitions, European/US business relationships, and business strategies. Prior to CMF Associates, Tom led a profitable high technology consultancy practice, Polaris Consulting & Information Technologies, and worked at Deloitte & Touche in their accounting and audit practices in Philadelphia and London. Tom also serves as the Audit Committee Chairman at NovaDel Pharmaceuticals (AMEX:NVD). In addition, he serves as an adjunct professor at Temple University where he teaches business strategy and continues to foster entrepreneurship at local universities as a judge for business plan competitions at Temple University and Drexel University. He speaks frequently on various business topics and has had several articles published on practical applications of information technology in local magazines. Tom is a member of the Pennsylvania Institute of Certified Public Accountants and graduated Magna Cum Laude and was a University Scholar at Penn State University.