Mr. Caldwell has served as our director since 2005. Since 1999, Mr. Caldwell has been chairman and chief executive officer of Cross Atlantic Capital Partners, Inc., a venture capital firm. Cross Atlantic Capital Partners, Inc. serves as investment manager for three affiliated funds beneficially owning an aggregate of approximately 35.2% of our outstanding capital stock prior to the offering. Mr. Caldwell currently serves on the boards of director of four public companies: InsPro Technologies Corporation since 2008, where he is serving as chairman of the board, chairman of the audit committee and member of the compensation committee, Lightning Gaming, Inc. since 2006, where he has served as chairman of the audit committee and member of the compensation committee, Quaker Chemical Corporation since 1997, where he has served as chairman of the executive committee and member of the compensation/management development and audit committees, and Rubicon Technology, Inc. since 2001, where he has served as chairman of the compensation committee and member of the nominating and governance committees. Mr. Caldwell was previously a member of the board of directors of Diamond Cluster International, Inc. (1994-2010) and has served as a director for several private companies and non-profit organizations, including software and money management firms as well as the Pennsylvania Academy of the Fine Arts and the Committee for Economic Development. Mr. Caldwell was previously a certified public accountant in the State of New York.
