Patrick Smith joined the board of Tranzeo in September 2008 as lead director. Mr Smith was until recently, Executive Chairman of Wavesat Inc. a global leader in mobile broadband, providing advanced semiconductor solutions to the world’s leading carrier and mobile device manufacturers. The company was acquired by Cavium Networks.

Mr. Smith was Chairman of Terry Matthews, Wesley Clover advisory board and in this role served as board member on a number of companies prior to their sale.

Mr. Smith retired from Sprint in 2001, where he served as Senior Vice President of Systems Integration and Technology Planning for the company's Information Technology division for seven years. There, he worked in concert with the Senior Vice President for Network Design and Planning and was responsible for the development of the One Sprint program, which has resulted in a substantial reduction in Sprint's costs for enterprise networking, IT infrastructure and development services. He provided the technology vision and leadership for Sprint's entry into the Managed Services business, now one of the major profit growth areas in the company. Prior to joining Sprint, Mr. Smith was the Chief Technology Officer (CTO) for Comdisco, and from 1983 to 1994, he served as the CTO for SHL, Systemhouse Inc.

He currently sits on the boards of Level Platforms and Teldio.

Mr. Tocher is our founder and has been our President and Chief Executive Officer and one of our directors since our incorporation in December 2000.

Prior to founding Tranzeo, Mr. Tocher served as President and a director of NTS Computer Systems Ltd., a company he founded in 1990. NTS Computer Systems designed, manufactured and distributed cost effective laptops and accessories for students and educators across North America and Europe. Mr. Tocher was President of NTS Computer Systems from 1990 to 2000. NTS Computer Systems grew from a single employee to 250 employees in four countries producing sales in excess of $34 million during this period. NTS Computer Systems became a public company during this period, initially trading on the Vancouver Stock Exchange and subsequently moving to the TSX. Mr. Tocher left NTS Computer Systems after it was acquired by Brainium Technologies Inc. in a reverse takeover transaction. Mr. Tocher has also completed the Corporate Governance course at the Faculty of Business Administration at Simon Fraser University.

Ms. Kloepper was appointed to our board of directors in May 2005. Ms. Kloepper is Senior Vice President Personal Financial Services at Prospera Credit Union; a Metro Vancouver based credit union.

Ms. Kloepper held various positions with Coast Capital Savings, a Vancouver-based credit union, beginning in 1994. She was appointed Senior Vice President of the Wealth Management Division in 2003. Prior to accepting that position, Ms. Kloepper was Senior Vice President of Operations for Coast Capital Savings from 2002 to 2003, and Senior Vice President of Branch Sales and Operations from 1994 to 2001.

Ms. Kloepper has over 30 years experience in the financial services industry, with experience at the management and executive levels for the past 19 years. She has the following designations or completed courses: Financial Management and Financial Planning (BCIT, June 2000); Certified Financial Planner (November 2000); and Officers', Partners', Directors' course of the Investment Funds Institute of Canada (March 1999).

Mr. Carson was appointed to our board of directors in October 2009. Mr. Carson is Chair of the Audit Committee.

Mr. Carson has been providing independent consulting services for the past twelve years consisting of executive level support with an emphasis on operational excellence, financial leadership, strategic planning and international operations and ventures. Mr. Carson previously held the following positions:

• Vice-Chair of the Board of Directors and Chair of the Audit Committee of Natural Convergence Inc., a supplier of hosted VoIP applications that enable service providers to sell improved services to small business and branch office markets (July 2004 to April 2009).

• Chief Financial Officer of Wavesat Inc., a global leader in mobile broadband, providing advanced semiconductor solutions (October 2005 to July 2008).

• President, Chief Operating Officer, Member of the Board of Directors and Chair of the Audit committee of Castek Software Factory Inc, a provider of software development services for enterprise wide systems (October 2000 to May 2002).

• President, Chief Operating Officer, Chief Financial Officer, Member of the Board of Directors and Chair of the Audit Committee of Claremont Technology Group, a provider of IT solutions based on client/server software (1997/ 1998);

• Senior Board Advisor of the Solect Technology Group, a developer of billing and administrative software for internet service providers and wireless telephone service carriers.

• Currently, Mr. Carson serves on the Board of Trustees for the University of Indianapolis and is on the Finance Committee as well as the Chair of the Audit Committee.

Mr. Carson retired from AT&T Corp in 1997 where he worked for 29 years with his last position being Vice-President and CFO of the single largest business unit in the company, the AT&T Consumer and Small Business Long Distance Unit.

Mr. Zhu was appointed as a director of Tranzeo in May 2005, and has been appointed to our audit and compensation committees. In January 2000, he founded Zcomax Technologies Inc., a distributor of wireless products, of which he is currently the CEO. Zcomax Technologies is a supplier to Tranzeo. Prior to that, he was Vice President of Maxtech Corporation, a computer manufacturer, where he was responsible for worldwide product development, sales, marketing and service operations from July 1988 to January 2000. He was also Vice President of GVC Technologies, Inc. (formerly Lite-On Technology Corporation, listed on the Taiwan Stock Exchange), where he was responsible for engineering and service operations.

Mr. Zhu has a Bachelor of Science in Electronic Engineering from City University of New York. He brings to Tranzeo over 18 years experience in product development, sales, marketing and management with telecom and IT companies at both the start-up and public stages.

Mr. Burke was appointed as a director of Tranzeo in March 2010.

Formally Managing Director of Europe, Middle East and Africa for Research in Motion from 2008 to 2009 where he was responsible for RIM's EMEA businesses, including its growth targets and all sales activities; Founder and presently manager of an investment fund and advisory business focused on the telecommunications sector founded in 2004; Chief Technology Officer of Vodafone UK Ltd. from 2001 to 2004 where he was responsible for all Vodafone UK's technology and product architecture, design, procurement, development, support and operations.

Mr. Burke also holds board positions with the following companies:

• Chairman of Connectivity Ltd., a U.K. based mobility directory and directory assistance company,
• Chairman of Pretty Green, a U.K. based online celebrity backed fashion based retailer,
• Director of Dialog Semiconductor, a mobile device power management company traded on the Nasdaq and Frankfurt stock exchanges,
• Director of One Access, a French based business engaged in providing routers for carriers,
• Director of Ymogen, a U.K. based business engaged in groupware content creation.

Mr. Becker served as President of WebTech International Inc, a leading provider of vehicle fleet location-based services and telematics technology, from 2004 to 2006. He was involved in the start up of the company in 2000 and also held positions as Chief Operating Officer, Secretary and Director. Mr. Becker served as President and Chief Executive Officer of Modern Logic Inc. from 1991 to 2000. Modern Logic designed, manufactured and sold programmable controllers for the access control market throughout North America. He worked for Mobile Data International / Motorola as Director, Business Operations, Business Manager Sales, and Support Group Manager from 1986 to 1991. He worked for Cominco Ltd. in a variety of engineering capacities, as Project Manager for the Alberta Nitrogen Project and Consultant in Technical Sales worldwide from 1974 to 1986.

Mr. Becker's has extensive business and manufacturing experience in Asia. He has provided independent consulting services through his business Becker & Associates for 20 years. Mr. Becker graduated from UBC in 1970 with B.Ap.Sc. Mechanical Engineering and also completed a Heavy Duty Mechanic Apprenticeship program in 1973.