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Mr. Posner has been a leader in the consolidation of the high technology, Internet and software industries for more than 30 years. He has a strong track record - as CEO, investor and board member - of improving market values and liquidity results for public and private companies in record time frames. He started his career at The Coca-Cola Company and Xerox Data Systems in sales and marketing roles. He then led two successful liquidity events in the computer services business in the 70s at National Training Systems, which he co-founded and sold to Safeguard Scientifics (SFE), and Tratec, which was taken public and then sold to McGraw Hill. He then led consolidations and turnarounds in the PC software industry from the early 80s to the mid-90s as CEO of Peter Norton Computing, which he merged with Symantec (SYMC); as CEO of WordStar, which he merged with The Learning Company to create over $3B in market value after 20 consumer software acquisitions; and at Ansa Software (CEO role) and Ashton-Tate (Exec VP role), both of which were merged into Borland (BORL). He was an investor and board director of CyberMedia, which was sold to Network Associates (NET), and SmallWorld in the UK, which was sold to General Electric. He was also an early investor in Segue Software (SEGU). Mr. Posner then participated in the growth and consolidation of the Internet industry, starting in the mid-90s, as a start-up investor/board member in such companies as Match.com, now part of InterActiveCorp (IACI); Spinner.com, now part of AOL; NetAngels/Firefly, now part of Microsoft; Rival Networks, which was sold to Terra-Lycos; Flipside.com, which was sold to Vivendi, and Click2learn that was merged with Docent to form Sum Total Systems (SUMT). | 