Gene Hoffman, Jr., Chairman and Chief Executive Officer, Vindicia, Inc.

Prior to Vindicia, Mr. Hoffman co-founded eMusic in January 1998 and served as President, Chief Executive Officer, and a Director. As head of eMusic, Mr. Hoffman was featured on the cover of Forbes Magazine as a member of the July 1999 E-Gang, and named one of the 100 most influential entrepreneurs in technology in Upside Magazine's November 2000 Elite 100. Mr. Hoffman led the acquisition of eMusic by Vivendi/Universal in June 2001.

Before founding eMusic Mr. Hoffman was Director of Business Development and Director of Interactive Marketing of Pretty Good Privacy. Mr. Hoffman joined Pretty Good Privacy after it acquired PrivNet, Inc., an Internet privacy software company, where he was co-founder, Director and Executive Vice President.

Dr. Taher Elgamal, Chief Technology Officer, Tumbleweed Communications

Dr. Elgamal is a leading expert in computer, network and information security. Also, recognized in the industry as the "inventor of SSL," Dr. Elgamal led the SSL efforts at Netscape and throughout the industry. He also wrote the SSL patent and promoted SSL as the Internet Security standard within standard committees and the industry. Dr. Elgamal invented several industry and government standards in data security and digital signatures area, including the DSS government standard for digital signatures. Several thousand publications have been written in the space referred to as "the ElGamal Cryptography." He developed the basic work that has been adopted by about ten companies for commercial products and for several IEEE and ISO standards. This work has also been adapted for the DSS government standard for digital signatures and is the basis for the Elliptic Curve encryption methods recently introduced in the industry. Dr. Elgamal has public company board experience with RSA Security, hi/fn, Phoenix Technology and Tumbleweed.

Dr. Elgamal holds a Ph.D. and M.S. in Computer Science from Stanford University and a B.S. in Computer Science from Cairo University.

Mark B. Elrod, Executive Vice President of Engineering, Vindicia, Inc.

Prior to founding Vindicia, Mr. Elrod served as Vice President of Engineering and Business Development for ETP, Inc. and was a co-founder of LiquidMetal Consulting, providing time-critical engineering design and development resources to online media companies.

Before LiquidMetal, Mr. Elrod was a founding member and technical lead for FreeAmp.org, a non-profit, open-source media development organization sponsored by eMusic. Mr. Elrod came to eMusic from PGP/Network Associates where he led the Windows client development for their flagship encryption product after joining the team through the merger of PGP and PrivNet, an Internet privacy software company, where he was co-founder, Director and Vice President of Engineering.

Charles Jadallah, Vice President, Business Development, Merchant e-Solutions, Inc.

Mr. Jadallah has extensive strategic and hands-on business experience in the financial services, payment systems, and e-commerce fields. Prior to Merchant e-Solutions, he worked in Oracle Corporation's corporate and business development groups, launching e-commerce, venture capital, and business development strategies. Prior to Oracle, Mr. Jadallah worked for Netscape Communications as the Senior Director of Business Development for the global financial services sector from 1994-1998. Prior to Netscape, he spent 13 years at Visa USA/International in key positions including strategic planning, business/product development, and network planning/information systems.

Mr. Jadallah holds an MBA from the College of Notre Dame and a B.S. in Finance and Investments from San Diego State University.

Tom Blaisdell, General Partner, DCM

Tom Blaisdell is a General Partner at DCM focusing on software, technology-enabled services, media and cleantech. Prior to joining DCM, Tom spent three years at two Internet startups, Encanto Networks and Fatbrain.com (formerly computerliteracy.com). At Encanto, Tom served as Vice President of Marketing. At computerliteracy.com, Tom served as an advisor to the company from its birth in the proverbial Silicon Valley garage through completion of its first venture-backed financing, joining the online professional bookstore as Vice President of Marketing and Editorial in 1997.

Before computerliteracy.com, Tom spent six years at Intuit. Joining the company in the month prior to the launch of Quicken for Windows 1.0, Tom played a variety of marketing, business development and general management roles in the Personal Finance Group, Financial Supplies Group (checks and invoices), and Business Products Group. Tom's last role at Intuit was as General Manager of the Business Products Group where QuickBooks revenue grew 30% year-to-year, leading the company to a new retail market share high of 83%.

Tom holds a BSME with distinction from Stanford University, as well as an MBA with high distinction from the Amos Tuck School at Dartmouth College, where he was an Edward Tuck Scholar.