Mr. Cerrone, Chairman of the Board, has been Senior Vice President of Investments of Fahnestock & Co., Inc., a financial services firm since March 1999. From March 1998 to March 1999, Mr. Cerrone was Managing Director of Investments at Barington Capital, L.P., a merchant bank. Mr. Cerrone was involved in the restructuring and financing of Siga Technologies, Inc. and was a Director of Siga Technologies from May 2001 until May 2003. Mr. Cerrone has also been involved in the financing of Neose Technologies, Boston Life Sciences, Vimrx Pharmaceuticals and Cypress BioSciences. Mr. Cerrone is also the sole general partner of Panetta Partners, Ltd., a firm which acts as an investor in, and consultant to, primarily emerging technology companies. Mr. Cerrone is a 1994 graduate of New York University’s Stern School of Business.
