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Dr. Michalopoulos has been a Director since 1984. Dr. Michalopoulos, our founder, was Chairman of the Board of ISS from our inception in 1984 through 1999, and served as Chief Scientific Advisor from 1995 through 2000. Since 1977, Dr. Michalopoulos has been a professor in the Department of Civil Engineering at the University of Minnesota. Dr. Michalopoulos has more than 35 years of research, teaching, and consulting experience in traffic engineering operations and control. He has taught at several universities, consulted with many firms in the United States and abroad and has worked as a traffic engineer. He is international recognized for his contributions in traffic flow theory, management and control. Dr. Michalopoulos is a member of the compensation and stock option committee. | 