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Peter Pochna has been a Managing Director of Phoenix Financial Services, LLC since 2001. After graduating from Yale University in 1963, with a B.A. in Economics, Peter joined Citibank�s Trust Division in New York City. Here, he focused primarily on investment research for the next four years. In 1967 he joined the Havenfield Corporation as Vice President and Voting Stockholder, where he specialized in investment banking activities for small to medium sized companies, including initial public underwritings and acquisitions. In 1973, Peter became a Partner of the Foster Management Company where he was involved in all phases of venture capital including raising capital, evaluating deals and monitoring investments. Here he had active relationships with other venture capital groups and participated in leverage buyouts; investments were made in a wide range of industries including computer terminals, coal mining, food processing and radio broadcasting. From 1980 to 1985 Peter worked as a Financial Consultant focused on raising capital for fledgling companies, in some cases as an investor and director, actively monitoring their progress to assist management plans for future growth. Much of his involvement was with software, food and environmental control industries. In some cases, he assisted in formulating exit strategies involving the sale of companies. In 1985, he joined Phoenix Ventures, Inc. working in New York City and Dallas, Texas as Chairman of their Executive Committee, Director, and Investor. He participated in the formation of this company as part of the reorganization in bankruptcy of Air Florida, Inc. Here he worked on the purchase and subsequent sale of mature portfolios of leased equipment, primarily aircraft. These transactions exceeded $150 million, and generated substantial income, much of which was tax sheltered. He also evaluated and monitored venture capital investments in the transportation, software, water testing equipment, and oil exploration industries. In 1999, Mr. Pochna moved to Newport, Rhode Island, continuing to work there and in New York City as a Financial Consultant. He helped to raise equity funds for a start-up telecommunications business and an early stage biotechnology company. He monitored client investments closely, working closely with management in a wide range of businesses, developing business plans and evaluating key personnel for early stage entrepreneurs. Since 1999 Peter has been Treasurer, Director, and an Investor in Visible Systems Corporation in Waltham, Massachusetts. This software company has developed some very effective software productivity development products. Peter has been actively involved in assisting new management to improve the profits of this company. He is currently working closely with them to review their merger and acquisition opportunities. Mr. Pochna enjoys sports, especially tennis, classical music and reading. He is also a Director of the Global Awareness Program, a New York City-based exchange program that sends inner-city high school students to Native American homes and schools to broaden their horizons. Peter has extensive personal experience in the acquisition, merger, fund raising and management areas. | 