Effective on June 30, 2008, the Board filled the vacancy created by the resignation of Mr. Bradley by electing Mr. Gerald Amato to serve on the Board. Mr. Amato was also elected to serve as a member of the Audit Committee. Mr. Amato has been determined by our Board of Directors to qualify as an independent director. Mr. Amato is currently President of Booke and Company, Inc. With over 25 years on Wall Street, Mr. Amato has advised numerous emerging growth companies, along with those on NYSE, NASDAQ and AMEX in the areas of full service investor relations. Mr. Amato began his career as a public accountant and worked at the firm Deloitte & Touche, LLP. Mr. Amato participated on the Advisory Board of the Make-A-Wish-Foundation and other charitable organizations. Mr. Amato received his Bachelor of Science in Finance from St. Francis College.

Mr. Amato will receive the customary compensation paid to the Company's non-employee directors. Each non-employee director receives $500 per month and plus travel expenses for each Board meeting they attend. As a non-employee director, Mr. Amato is eligible to participate in the Company's equity compensation plans. No stock options have been granted to Mr. Amato.

There are no arrangements or understandings between Mr. Amato and any other persons pursuant to which Mr. Amato was selected as a director. There have been no transactions since the beginning of the Company's last fiscal year, or any currently proposed transaction, in which the Company was or is to be a participant, in which the amount involved exceeds $100,000, and in which Mr. Amato had, or will have, a direct or indirect material interest.