Nyer Medical Group Inc.

Mark A. Dumouchel has been our Chief Executive Officer and President and a Class B director since February 2008. He was one of our directors from 2004 to 2005. He has been president and director of D.A.W. since 1990. He is a registered pharmacist in the State of Massachusetts and has over 32 years experience working in and running pharmacies. Mr. Dumouchel serves as a director of Northeast Pharmacy Services Corporation. He received his Bachelors of Science degree in Pharmacy from Massachusetts College in 1982 and his Masters of Business Administration from Babson College in 1984.

Karen L. Wright has been our Treasurer and Vice President of Finance since 1991. She has been our Chief Financial Officer since January 1997. She has been Secretary since June 2007. She was our President and our subsidiaries, with the exception of D.A.W., from September 2004 to February 2008. She was one of our directors from November 2004 to February 2008 and from April 1997 to September 2001. She was our Vice President of Operations from October 2001 to February 2008. She was our Assistant Secretary from January 1997 to June 2007. She was a director of D.A.W. from November 2005 to February 2008. She was a director of Nyle, which was formerly our largest shareholder, from 1998 until October 2004. From 1985 through 1987, Ms. Wright was ADCO’s Assistant Comptroller, from 1987 through the present time, Ms. Wright has been ADCO’s Comptroller and Treasurer. She has been the President of ADCO from September 2004 to present. Ms. Wright received her Bachelors of Science degree in Accounting from Husson College, Bangor, Maine in 1985.

David Dumouchel has been one of our Class A directors since February 2008. He was one of our directors from 1996 to 2000. Mr. Dumouchel has been a director of our wholly owned subsidiary, D.A.W., Inc., or D.A.W., since August 1996. Additionally, Mr. Dumouchel has been a Vice President of D.A.W. since 1988. Mr. Dumouchel is a registered pharmacist in the State of Massachusetts. Mr. Dumouchel received his Bachelors of Science degree in Pharmacy from Purdue University in 1983 and his Masters of Business Administration from Amos Tuck School at Dartmouth College in 1986.

Donato Mazzola has been a Vice President of D.A.W. since 1995. Mr. Mazzola is a registered pharmacist in the state of Massachusetts. He currently serves as an area pharmacy manager. Mr. Mazzola has served as chairman of the trustees for the Lodge of Elks Newton since 2004. He received his Bachelors of Science degree in Pharmacy from the Massachusetts College of Pharmacy in 1981.

Michael Curry has been a Vice President and Secretary of D.A.W. since 1995. Mr. Curry is a registered pharmacist in the state of Massachusetts. He has been a manager of various pharmacies since 1980. Mr. Curry received his Bachelors of Science degree in Pharmacy from the Massachusetts College of Pharmacy in 1980.

Wayne Gunter has been a Vice President of D.A.W. since 1995. Mr. Gunter is a registered pharmacist in the State of Massachusetts. Mr. Gunter has managed and operated pharmacies for 32 years. Mr. Gunter is a former treasurer of the Massachusetts Pharmacist Association and currently sits on the board at Stoneham Savings Bank. Mr. Gunter received his Bachelors of Science degree in Pharmacy from the Massachusetts College of Pharmacy in 1975.

Gerald Weston has been one of our Class C directors since December 2004. Mr. Weston is also a member of our Audit Committee, Compensation Committee and Stock Option Committee. Mr. Weston is a Certified Public Accountant and is an owner of an accounting firm, where he has worked since 1985. From 1982 to 1985, Mr. Weston was an Audit Manager in the firm Kern, DeWenter, Viere, CPA’s in St. Cloud, Minnesota. Prior to 1982, he had various positions and served in the United States Air Force. Mr. Weston received a Bachelors of Science Degree in Accounting from St. Cloud State University, St. Cloud, Minnesota in 1979.

James J. Schweiger has been one of our Class C directors since January 2002. Mr. Schweiger is also Chairman of our Audit Committee, and a member of our Compensation Committee and Stock Option Committee. Mr. Schweiger is currently President and CEO of James J. Schweiger Financial Consultants, Orlando Florida, a position he has held since 1986. From 1969 to 1986, Mr. Schweiger was an Area Managing Partner in the firm of KPMG Main Hurdman in charge of the Ft. Lauderdale/Miami Florida office, Northeastern Regional Managing Partner and later served as the Southern Area Director. From 1980 to 1985 he served on our Policy Board and Management Committee. He was previously a Board member of AICPA on accounting for real estate transactions. From 1989 to 1992, Mr. Schweiger served as Treasurer/Director on the EASE Foundation Board (a charitable foundation in Davie Florida). Mr. Schweiger graduated from Duquesne University, Pittsburgh, Pennsylvania in 1961, with a BS degree in Business Administration.

Kenneth L. Nyer, M.D. has been a Class B director of the Company since December 1991. Dr. Nyer is a specialist in internal medicine and has practiced at the Albert Einstein Hospital, Bronx, New York since 1993. He previously practiced at North Shore University Hospital, Manhasset, New York from 1987 to 1993. Dr. Nyer held a faculty position at the Cornell University Medical School from 1987-1993. Currently, Dr. Nyer is assistant clinical professor of medicine at Albert Einstein College of Medicine. Dr. Nyer is the son of Mr. Samuel Nyer. If the Equity Transactions are completed, Dr. Nyer will resign from the Board.