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W. Gray Hudkins became our President and Chief Executive Officer effective as of January 1 2006 and became a Director on June 21 2006. Mr. Hudkins was our Chief Operating Officer from October 2004 to December 2005. Prior to that Mr. Hudkins served as Director of Corporate Development for Clarus Corporation from December 2002 until September 2004 as a Principal in Kanders & Company Inc. from December 2003 until September 2004 and as Director of Corporate Development for Net Perceptions Inc. from April 2004 until September 2004. Prior to this from February 2002 until December 2002 Mr. Hudkins served as Manager of Financial Planning and Development for Bay Travelgear Inc. a branded consumer products company based in New York and Chicago. From April 2000 until February 2002 Mr. Hudkins served as an Associate at Chartwell Investments LLC a New York based private equity firm and from August 1999 until April 2000 Mr. Hudkins served as an Associate at Saunder Karp & Megrue L.P. a private merchant bank based in Stamford Connecticut. Mr. Hudkins graduated cum laude with an A.B. in Economics and a Certificate in Germanic Language and Literature from Princeton University in 1997. | 